As of May 3, 2024, the Popular stock's P/E ratio is 11.8. This takes into account the latest EPS of $7.53 and stock price of $88.85. The PE ratio has increased by 83% from its last 4 quarters average of 6.5.
The PE ratio of Popular has averaged 10.47 over the last nine years. The current price-to-earnings ratio of 11.8 is 13% more than the historical average. Analyzing the last nine 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 |
|---|---|---|
| 2023 | 10.9 | 140.62% |
| 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 |
Currently, BPOP's PE ratio is higher than the 3, 5 and 10-year averages.
BPOP's PE ratio is less than its peer stock FCBC, but it is above FITB's and MTB's. Popular is currently trading at a higher PE ratio (11.8) than its peers average of 10.62.
| Stock name | PE ratio | Market cap |
|---|---|---|
| UVSP UNIVEST FINANCIAL Corp | 9.33 | $655.1M |
| OFG Ofg Bancorp | 9.7 | $1.76B |
| MTB M&T Bank Corp | 9.86 | $24.46B |
| FBP First Bancorp | 10.51 | $3.03B |
| FITB Fifth Third Bancorp | 11.63 | $25.59B |
| BPOP Popular Inc | 11.8 | $6.42B |
| FCBC First Community Bankshares Inc | 13.3 | $655.89M |
BPOP stock has a price to earnings ratio of 11.8 as of May 3, 2024.
The average PE ratio for BPOP stock over the past 3 years is 6.52.
The average PE ratio for BPOP stock over the past 5 years is 7.13.
The highest quarterly PE ratio in the last nine years has been 41.21 and it was in the Mar 2018 quarter.
BPOP's price to earnings ratio is currently 13% above its 9-year historical average.
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 (May 3, 2024), Popular's share price is $88.85. The company's earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $7.53. Therefore, Popular's price to earnings ratio for today is 11.8. PE RATIO(11.8) = STOCK PRICE($88.85) / TTM EPS($7.53)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.