CARE Carter Bankshares PE ratio, current and historical analysis
As of Nov 21, 2024, the Carter Bankshares stock's P/E ratio is 29.9. This takes into account the latest EPS of $0.63 and stock price of $18.84. The PE ratio has increased by 30% from its last 4 quarters average of 23.0.
CARE PE ratio history
The PE ratio of Carter Bankshares has averaged 14.52 over the last five years. The current price-to-earnings ratio of 29.9 is 106% more than the historical average. Analyzing the last five years, CARE's PE ratio reached its highest point in the Sep 2024 quarter at 27.6, when the price was $17.39 and the EPS was $0.63. The lowest point was recorded in the Mar 2023 quarter, when it reached 5.96 with a price of $14 and an EPS of $2.35.
Carter Bankshares PE ratio by year
Maximum annual increase: 83.23% in 2023
Maximum annual decrease: -36.81% in 2022
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 14.97 | 83.23% |
| 2022 | 8.17 | -36.81% |
| 2021 | 12.93 | N/A |
| 2020 | N/A | N/A |
| 2019 | 23.49 | N/A |
| 2018 | N/A | N/A |
CARE average PE ratio chart
Currently, CARE's PE ratio is above its 3 and 5-year averages.
CARE PE vs peers
CARE's PE ratio is less than its peer stock BHLB, but it is above HOMB's and UBSI's. Carter Bankshares is currently trading at a higher PE ratio (29.9) than its peers average of 16.53.
| Stock name | PE ratio | Market cap |
|---|---|---|
| IBOC International Bancshares Corp | 11.13 | $4.46B |
| TRMK Trustmark Corp | 11.51 | $2.34B |
| FFBC First Financial Bancorp | 12.55 | $2.8B |
| FULT Fulton Financial Corp | 13.28 | $3.87B |
| CAC Camden National Corp | 14.52 | $681.56M |
| UBSI United Bankshares Inc | 15.81 | $5.64B |
| HOMB Home Bancshares Inc | 15.85 | $6.11B |
| WSBC Wesbanco Inc | 17.25 | $2.41B |
| SBCF Seacoast Banking Corp Of Florida | 21.75 | $2.56B |
| CARE Carter Bankshares Inc | 29.9 | $434.68M |
| BHLB Berkshire Hills Bancorp Inc | 31.67 | $1.31B |
Frequently asked questions
What is Carter Bankshares's PE ratio?
CARE's price to earnings ratio is 29.9 as of Nov 21, 2024.
What is the 3-year average PE ratio for Carter Bankshares (CARE)?
The average PE ratio for CARE stock over the past 3 years is 13.9.
What is the 5-year average PE ratio for Carter Bankshares (CARE)?
The average PE ratio for CARE stock over the past 5 years is 14.52.
What is the highest PE ratio for CARE?
The current PE of 29.9 represents the highest historical value in the last five years.
How does the current PE ratio for CARE compare to its historical average?
CARE's price to earnings ratio is currently 106% above its 5-year historical average.
How is CARE's PE ratio calculated (Carter Bankshares PE ratio formula)?
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Nov 21, 2024), Carter Bankshares's share price is $18.84. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $0.63. Therefore, Carter Bankshares's price to earnings ratio for today is 29.9. PE RATIO(29.9) = STOCK PRICE($18.84) / TTM EPS($0.63)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.