The current PE ratio for First Busey stock as of May 2, 2024 is 10.62. This is calculated based on the TTM EPS of $2.21 and the stock price of $23.46 per share. The PE ratio marks an increase of 19% from its last 4 quarters average of 9.0.
The average historical PE ratio of First Busey for the last ten years is 14.2. The current P/E ratio of 10.62 is 25% lower than the historical average. Looking back at the last ten years, BUSE's PE ratio peaked in the Dec 2016 quarter at 21.68, when the price was $30.78 and the EPS was $1.42. The lowest point was in the Sep 2023 quarter, when it reached 8.14 with a price of $19.22 and an EPS of $2.36.
Maximum annual increase: 38.71% in 2016
Maximum annual decrease: -40.35% in 2018
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 11.23 | 5.35% |
| 2022 | 10.66 | -12.34% |
| 2021 | 12.16 | 3.84% |
| 2020 | 11.71 | -19.96% |
| 2019 | 14.63 | 20.41% |
| 2018 | 12.15 | -40.35% |
| 2017 | 20.37 | -6.04% |
| 2016 | 21.68 | 38.71% |
| 2015 | 15.63 | -11.14% |
| 2014 | 17.59 | -12.05% |
The current PE ratio of BUSE is higher than its 3-year average, but it is lower than its 5 and 10-year averages.
In comparison to its peer MCBC, BUSE's PE ratio is lower, but it is higher than WTFC's and OSBC's.
| Stock name | PE ratio | Market cap |
|---|---|---|
| OSBC Old Second Bancorp Inc | 6.9 | $633.94M |
| WTFC Wintrust Financial Corp | 10.29 | $6.15B |
| BUSE First Busey Corp | 10.62 | $1.3B |
| MCBC Macatawa Bank Corp | 11.92 | $491.37M |
As of May 2, 2024, BUSE stock has a price to earnings ratio of 10.62.
Over the last 3 years, the average price to earnings ratio for BUSE stock is 10.35.
Over the last 5 years, the average price to earnings ratio for BUSE stock is 10.96.
Over the last ten years, the quarterly PE ratio reached its highest level at 21.68 in the Dec 2016 quarter.
The current PE ratio of BUSE is 25% lower than the 10-year historical average.
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (May 2, 2024), First Busey's share price is $23.46. The company's earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $2.21. Therefore, First Busey's PE ratio for today is 10.62. PE RATIO(10.62) = STOCK PRICE($23.46) / TTM EPS($2.21)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.