As at Nov 21, 2024, the CAC stock has a PE ratio of 14.52. This is based on the current EPS of $3.22 and the stock price of $46.76 per share. An increase of 22% has been seen in the P/E ratio compared to the average of 11.9 of the last 4 quarters.
The mean historical PE ratio of Camden National over the last ten years is 12.86. The current 14.52 PE ratio is 13% above the historical average. Over the past ten years, CAC's PE ratio was at its highest in the Dec 2017 quarter at 23.02, with a price of $42.13 and an EPS of $1.83. The Sep 2020 quarter recorded the bottom point at 8.08, with a price of $30.23 and an EPS of $3.74.
Maximum annual increase: 40.07% in 2015
Maximum annual decrease: -54.04% in 2018
Year | PE ratio | Change |
---|---|---|
2023 | 12.63 | 26.68% |
2022 | 9.97 | -4.32% |
2021 | 10.42 | 15.27% |
2020 | 9.04 | -27.39% |
2019 | 12.45 | 17.67% |
2018 | 10.58 | -54.04% |
2017 | 23.02 | 34.15% |
2016 | 17.16 | 1% |
2015 | 16.99 | 40.07% |
2014 | 12.13 | -13.48% |
CAC's current P/E ratio is above the 3, 5 and 10-year historical averages.
Compared to its peer INDB, CAC's PE ratio stands lower, however it is higher than WBS's and WASH's. Camden National's PE ratio is trading above the peer group average of 13.38.
Stock name | PE ratio | Market cap |
---|---|---|
FNLC First Bancorp Inc | 11.92 | $318.94M |
EBTC Enterprise Bancorp Inc | 12.56 | $452.8M |
BHB Bar Harbor Bankshares | 12.73 | $540.48M |
WBS Webster Financial Corp | 13.69 | $10.37B |
WASH Washington Trust Bancorp Inc | 13.71 | $624.57M |
CAC Camden National Corp | 14.52 | $681.56M |
INDB Independent Bank Corp | 15.68 | $3.07B |
CAC stock has a price to earnings ratio of 14.52 as of Nov 21, 2024.
As an average over the last 3 years, CAC stock has a PE ratio of 10.39.
As an average over the last 5 years, CAC stock has a PE ratio of 10.17.
In the last ten years, the Dec 2017 quarter recorded the highest quarterly PE ratio at 23.02.
CAC's current price to earnings ratio is 13% above its 10-year historical average.
The PE ratio is calculated by taking the latest stock price and dividing it by the EPS for the last 12 months. As of today (Nov 21, 2024), Camden National's stock price is $46.76. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $3.22. Therefore, Camden National's P/E ratio for today is 14.52. PE RATIO(14.52) = STOCK PRICE($46.76) / TTM EPS($3.22)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.