As of Nov 29, 2023, the Popular stock's P/E ratio is 7.51. This takes into account the latest EPS of $9.78 and stock price of $73.47. The PE ratio has increased by 54% from its last 4 quarters average of 4.9.
The PE ratio of Popular has averaged 10.12 over the last ten years. The current price-to-earnings ratio of 7.51 is 26% less than the historical average. Analyzing the last ten years, BPOP's PE ratio reached its highest point in the Mar 2018 quarter at 41.21, when the price was $41.62 and the EPS was $1.01. The lowest point was recorded in the Dec 2015 quarter, when it reached 3.27 with a price of $28.34 and an EPS of $8.66.
Maximum annual increase: 550.46% in 2016
Maximum annual decrease: -77.64% in 2018
| Year | PE ratio | Change |
|---|---|---|
| 2022 | 4.53 | -36.55% |
| 2021 | 7.14 | -25.47% |
| 2020 | 9.58 | 12.31% |
| 2019 | 8.53 | 9.64% |
| 2018 | 7.78 | -77.64% |
| 2017 | 34.79 | 63.56% |
| 2016 | 21.27 | 550.46% |
| 2015 | 3.27 | N/A |
| 2014 | N/A | N/A |
| 2013 | 4.95 | -43.81% |
Currently, BPOP's PE ratio is higher than the 3 and 5-year averages, but it is under its 10-year average.
BPOP's PE ratio is less than its peer stocks FITB and FBP, but it is above MTB's and UVSP's. Popular is currently trading at a lower PE ratio (7.51) than its peers average of 8.69.
| Stock name | PE ratio | Market cap |
|---|---|---|
| UVSP UNIVEST FINANCIAL Corp | 7.07 | $559.18M |
| MTB M&T Bank Corp | 7.29 | $21.2B |
| BPOP Popular Inc | 7.51 | $5.3B |
| FITB Fifth Third Bancorp | 8.07 | $19.35B |
| OFG Ofg Bancorp | 8.8 | $1.58B |
| FBP First Bancorp | 9.08 | $2.59B |
| FCBC First Community Bankshares Inc | 11.83 | $615.94M |
BPOP stock has a price to earnings ratio of 7.51 as of Nov 29, 2023.
The average PE ratio for BPOP stock over the past 3 years is 6.54.
The average PE ratio for BPOP stock over the past 5 years is 7.0.
The highest quarterly PE ratio in the last ten years has been 41.21 and it was in the Mar 2018 quarter.
BPOP's price to earnings ratio is currently 26% below its 10-year historical average.
A company with a lower PE ratio may indicate that the market has lower growth expectations for the company's future earnings.
The P/E ratio is calculated by taking the latest stock price and dividing it by the earnings per share(EPS) for the last 12 months. As of today (Nov 29, 2023), Popular's share price is $73.47. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2023 is $9.78. Therefore, Popular's price to earnings ratio for today is 7.51. PE RATIO(7.51) = STOCK PRICE($73.47) / TTM EPS($9.78)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.