As of May 6, 2024, the Business First Bancshares stock's PE ratio is 8.34. This results from the current EPS of $2.56 and stock price of $21.34. The P/E ratio has increased by 8% from the past four quarters average of 7.7.
The PE ratio of Business First Bancshares has averaged 13.14 over the last six years. The current PE ratio of 8.34 is 37% below the historical average. Over the past six years, BFST's PE ratio was at its highest in the Jun 2018 quarter at 38.19, when the stock price was $26.35 and the EPS was $0.69. The lowest value was in the Jun 2023 quarter, when it reached 5.84 with a price of $15.07 and an EPS of $2.58.
Maximum annual decrease: -26.99% in 2019
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 9.41 | -0.53% |
| 2022 | 9.46 | -15.16% |
| 2021 | 11.15 | -9.64% |
| 2020 | 12.34 | -11.41% |
| 2019 | 13.93 | -26.99% |
| 2018 | 19.08 | N/A |
| 2017 | N/A | N/A |
| 2016 | N/A | N/A |
| 2015 | N/A | N/A |
| 2014 | N/A | N/A |
BFST's current P/E ratio is below the 3 and 5-year averages.
BFST's PE ratio is lower than its peer stocks NRIM and NKSH.
| Stock name | PE ratio | Market cap |
|---|---|---|
| BFST Business First Bancshares Inc | 8.34 | $543.86M |
| NRIM Northrim Bancorp Inc | 9.74 | $276.79M |
| NKSH National Bankshares Inc | 10.15 | $159.07M |
BFST stock has a price to earnings ratio of 8.34 as of May 6, 2024.
Over the last 3 years, the average price to earnings ratio for BFST stock is 8.82.
Over the last 5 years, the average price to earnings ratio for BFST stock is 10.34.
The highest quarterly PE ratio in the last six years has been 38.19 and it was in the Jun 2018 quarter.
BFST's price to earnings ratio is currently 37% below its 6-year historical average.
BFST's stock price is trading at a lower multiple of earnings, which is why its PE ratio of 8.34 is considered low.
You can calculate the PE ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (May 6, 2024), Business First Bancshares's stock price is $21.34. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $2.56. Therefore, Business First Bancshares's P/E ratio for today is 8.34. PE RATIO(8.34) = STOCK PRICE($21.34) / TTM EPS($2.56)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.