ATLO Ames National PE ratio, current and historical analysis
As of Feb 21, 2025, the Ames National stock's price-to-earnings ratio is 18.66. This results from the current EPS of $0.98 and stock price of $18.29. The current PE ratio is nearly equal to the average from the previous four quarters.
ATLO PE ratio history
The PE ratio of Ames National has averaged 14.38 over the last ten years. The current P/E ratio of 18.66 is 30% higher than the historical average. In the past ten years, ATLO's PE ratio peaked in the Dec 2016 quarter at 19.53, when the stock price was $33 and the EPS was $1.69. The lowest point was in the Sep 2020 quarter, when it reached 8.62 with a price of $16.89 and an EPS of $1.96.
Ames National PE ratio by year
Maximum annual increase: 61.2% in 2023
Maximum annual decrease: -43.9% in 2009
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2023 | 17.78 | 61.2% | $21.34 | $1.2 |
| 2022 | 11.03 | 17.97% | $23.61 | $2.14 |
| 2021 | 9.35 | -19.81% | $24.49 | $2.62 |
| 2020 | 11.66 | -22.73% | $24.02 | $2.06 |
| 2019 | 15.09 | 8.64% | $28.06 | $1.86 |
| 2018 | 13.89 | -26.7% | $25.42 | $1.83 |
| 2017 | 18.95 | -2.97% | $27.85 | $1.47 |
| 2016 | 19.53 | 29.42% | $33 | $1.69 |
| 2015 | 15.09 | -4.61% | $24.29 | $1.61 |
| 2014 | 15.82 | 5.96% | $25.94 | $1.64 |
| 2013 | 14.93 | 3.61% | $22.39 | $1.5 |
| 2012 | 14.41 | 9.33% | $21.9 | $1.52 |
| 2011 | 13.18 | -16.69% | $19.5 | $1.48 |
| 2010 | 15.82 | -28.8% | $21.67 | $1.37 |
| 2009 | 22.22 | -43.9% | $21.11 | $0.95 |
Ames National PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Sep 2024 | 18.6 | -3.78% | $18.23 | $0.98 |
| Jun 2024 | 19.33 | 5.34% | $20.49 | $1.06 |
| Mar 2024 | 18.35 | 3.21% | $20.18 | $1.1 |
| Dec 2023 | 17.78 | 57.48% | $21.34 | $1.2 |
| Sep 2023 | 11.29 | 10.25% | $16.59 | $1.47 |
| Jun 2023 | 10.24 | -4.48% | $18.03 | $1.76 |
| Mar 2023 | 10.72 | -2.81% | $20.8 | $1.94 |
| Dec 2022 | 11.03 | 10.85% | $23.61 | $2.14 |
| Sep 2022 | 9.95 | 5.4% | $22.18 | $2.23 |
| Jun 2022 | 9.44 | -3.97% | $22.18 | $2.35 |
| Mar 2022 | 9.83 | 5.13% | $24.86 | $2.53 |
| Dec 2021 | 9.35 | 5.29% | $24.49 | $2.62 |
| Sep 2021 | 8.88 | -9.76% | $23.18 | $2.61 |
| Jun 2021 | 9.84 | -9.97% | $24.51 | $2.49 |
| Mar 2021 | 10.93 | -6.26% | $25.58 | $2.34 |
ATLO average PE ratio chart
ATLO's current P/E ratio is above the 3, 5 and 10-year averages.
ATLO PE vs peers
ATLO's PE ratio stands lower than its peer stock HWBK, but it is higher than WFC's and USB's. Ames National is presently trading at a higher PE ratio (18.66) than its peer group average of 13.77.
| Stock name | PE ratio | Market cap |
|---|---|---|
| QCRH Qcr Holdings Inc | 11.03 | $1.29B |
| LARK Landmark Bancorp Inc | 11.21 | $139.27M |
| GSBC Great Southern Bancorp Inc | 11.46 | $686.24M |
| USB Us Bancorp | 12.1 | $71.55B |
| UMBF Umb Financial Corp | 13.26 | $5.22B |
| WTBA West Bancorporation Inc | 15.81 | $380.59M |
| WFC Wells Fargo & Company | 15.88 | $258.04B |
| CBSH Commerce Bancshares Inc | 17.44 | $8.62B |
| ATLO Ames National Corp | 18.66 | $164.47M |
| HWBK Hawthorn Bancshares Inc | 36.62 | $230.28M |
| MOFG MidWestOne Financial Group Inc | N/A | $644.65M |
Frequently asked questions
What is Ames National's PE ratio?
ATLO's price to earnings ratio is 18.66 as of Feb 21, 2025.
What is the 3-year average PE ratio for Ames National (ATLO)?
As an average over the last 3 years, ATLO stock has a PE ratio of 13.32.
What is the 5-year average PE ratio for Ames National (ATLO)?
As an average over the last 5 years, ATLO stock has a PE ratio of 12.02.
What is the highest PE ratio for ATLO?
In the last ten years, the Dec 2016 quarter recorded the highest quarterly PE ratio at 19.53.
How does the current PE ratio for ATLO compare to its historical average?
ATLO's price to earnings ratio is currently 30% above its 10-year historical average.
How is ATLO's PE ratio calculated (Ames National PE ratio formula)?
You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (Feb 21, 2025), Ames National's stock price is $18.29. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $0.98. Therefore, Ames National's PE ratio for today is 18.66. PE RATIO(18.66) = STOCK PRICE($18.29) / TTM EPS($0.98)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.