CAC Camden National PE ratio, current and historical analysis
As at Dec 20, 2024, the CAC stock has a PE ratio of 13.48. This is based on the current EPS of $3.22 and the stock price of $43.42 per share. An increase of 13% has been seen in the P/E ratio compared to the average of 11.9 of the last 4 quarters.
CAC PE ratio history
The mean historical PE ratio of Camden National over the last ten years is 12.86. The current 13.48 PE ratio is 4.8% 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.
Camden National PE ratio by year
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 average PE ratio chart
CAC's current P/E ratio is above the 3, 5 and 10-year historical averages.
CAC PE vs peers
Compared to its peers INDB and EBTC, 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 12.57.
| Stock name | PE ratio | Market cap |
|---|---|---|
| BHB Bar Harbor Bankshares | 11.4 | $483.84M |
| FNLC First Bancorp Inc | 11.55 | $309.02M |
| WASH Washington Trust Bancorp Inc | 11.88 | $541.3M |
| WBS Webster Financial Corp | 12.44 | $9.43B |
| CAC Camden National Corp | 13.48 | $632.94M |
| EBTC Enterprise Bancorp Inc | 13.81 | $497.91M |
| INDB Independent Bank Corp | 14.35 | $2.81B |
Frequently asked questions
What is Camden National's PE ratio?
CAC stock has a price to earnings ratio of 13.48 as of Dec 20, 2024.
What is the 3-year average PE ratio for Camden National (CAC)?
As an average over the last 3 years, CAC stock has a PE ratio of 10.39.
What is the 5-year average PE ratio for Camden National (CAC)?
As an average over the last 5 years, CAC stock has a PE ratio of 10.17.
What is the highest PE ratio for CAC?
In the last ten years, the Dec 2017 quarter recorded the highest quarterly PE ratio at 23.02.
How does the current PE ratio for CAC compare to its historical average?
CAC's current price to earnings ratio is 4.8% above its 10-year historical average.
How is CAC's PE ratio calculated (Camden National PE ratio formula)?
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 (Dec 20, 2024), Camden National's stock price is $43.42. 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 13.48. PE RATIO(13.48) = STOCK PRICE($43.42) / TTM EPS($3.22)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.