CARE Carter Bankshares PE ratio, current and historical analysis
As of Apr 2, 2025, the Carter Bankshares stock's P/E ratio is 15.23. This takes into account the latest EPS of $1.06 and stock price of $16.14. The PE ratio has decreased by 35% from its last 4 quarters average of 23.4.
CARE PE ratio history
The PE ratio of Carter Bankshares has averaged 14.66 over the last six years. The current price-to-earnings ratio of 15.23 is 3.9% more than the historical average. Analyzing the last six 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 | PE change | Price | EPS |
|---|---|---|---|---|
| 2024 | 16.59 | 10.82% | $17.59 | $1.06 |
| 2023 | 14.97 | 83.23% | $14.97 | $1 |
| 2022 | 8.17 | -36.81% | $16.59 | $2.03 |
| 2021 | 12.93 | N/A | $15.39 | $1.19 |
| 2020 | N/A | N/A | $10.72 | -$1.74 |
| 2019 | 23.49 | N/A | $23.72 | $1.01 |
| 2018 | N/A | N/A | N/A | $0.45 |
Carter Bankshares PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Dec 2024 | 16.59 | -39.89% | $17.59 | $1.06 |
| Sep 2024 | 27.6 | 0.4% | $17.39 | $0.63 |
| Jun 2024 | 27.49 | 26.16% | $15.12 | $0.55 |
| Mar 2024 | 21.79 | 45.56% | $12.64 | $0.58 |
| Dec 2023 | 14.97 | 105.63% | $14.97 | $1 |
| Sep 2023 | 7.28 | 5.81% | $12.53 | $1.72 |
| Jun 2023 | 6.88 | 15.44% | $14.79 | $2.15 |
| Mar 2023 | 5.96 | -27.05% | $14 | $2.35 |
| Dec 2022 | 8.17 | -18.79% | $16.59 | $2.03 |
| Sep 2022 | 10.06 | 8.99% | $16.1 | $1.6 |
| Jun 2022 | 9.23 | -36.26% | $13.2 | $1.43 |
| Mar 2022 | 14.48 | 11.99% | $17.37 | $1.2 |
| Dec 2021 | 12.93 | 0% | $15.39 | $1.19 |
| Sep 2021 | 12.93 | N/A | $14.22 | $1.1 |
| Jun 2021 | N/A | N/A | $12.51 | -$1.51 |
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 stocks SBCF and BHLB, but it is above HOMB's and UBSI's. Carter Bankshares is currently trading at a higher PE ratio (15.23) than its peers average of 12.84.
| Stock name | PE ratio | Market cap |
|---|---|---|
| IBOC International Bancshares Corp | 8.86 | $3.63B |
| TRMK Trustmark Corp | 8.86 | $1.97B |
| FFBC First Financial Bancorp | 9.51 | $2.2B |
| FULT Fulton Financial Corp | 10.3 | $2.98B |
| CAC Camden National Corp | 10.35 | $633.44M |
| UBSI United Bankshares Inc | 11.83 | $4.68B |
| WSBC Wesbanco Inc | 12.79 | $1.94B |
| HOMB Home Bancshares Inc | 12.94 | $5.16B |
| CARE Carter Bankshares Inc | 14.25 | $349.28M |
| SBCF Seacoast Banking Corp Of Florida | 16.59 | $2.03B |
| BHLB Berkshire Hills Bancorp Inc | 16.96 | $1.13B |
Frequently asked questions
What is Carter Bankshares's PE ratio?
CARE's price to earnings ratio is 15.23 as of Apr 2, 2025.
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 14.18.
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 14.03.
What is the highest PE ratio for CARE?
Over the last six years, the Sep 2024 quarter recorded the highest quarterly PE ratio at 27.6.
How does the current PE ratio for CARE compare to its historical average?
CARE's price to earnings ratio is currently 3.9% above its 6-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 (Apr 2, 2025), Carter Bankshares's share price is $16.14. The company's earnings per share for the trailing twelve months (TTM) ending Dec 2024 is $1.06. Therefore, Carter Bankshares's price to earnings ratio for today is 15.23. PE RATIO(15.23) = STOCK PRICE($16.14) / TTM EPS($1.06)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.