CARE Carter Bankshares PE ratio, current and historical analysis
- Stocks
- Financial Services
- NASDAQ: CARE
- PE Ratio
As of Aug 1, 2025, the Carter Bankshares stock's P/E ratio is 14.12. This takes into account the latest EPS of $1.2 and stock price of $16.94. The PE ratio has decreased by 34% from its last 4 quarters average of 21.3.
CARE PE ratio history
The PE ratio of Carter Bankshares has averaged 14.58 over the last six years. The current price-to-earnings ratio of 14.12 is 3.2% less 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 |
|---|---|---|---|---|
| Mar 2025 | 13.48 | -18.75% | $16.18 | $1.2 |
| 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 |
CARE Price vs fair value
CARE average PE ratio chart
Currently, CARE's PE ratio is above its 5-year average, but it is under its 3-year average.
CARE PE vs peers
CARE's PE ratio is less than its peer stocks WSBC and SBCF, but it is above HOMB's and UBSI's. Carter Bankshares is currently trading at a higher PE ratio (14.12) than its peers average of 12.49.
| Stock name | PE ratio | Market cap |
|---|---|---|
| TRMK Trustmark Corp | 9.47 | $2.21B |
| FFBC First Financial Bancorp | 9.77 | $2.26B |
| BHLB Berkshire Hills Bancorp Inc | 9.78 | $1.13B |
| FULT Fulton Financial Corp | 10.24 | $3.2B |
| IBOC International Bancshares Corp | 10.26 | $4.19B |
| CAC Camden National Corp | 11.62 | $618.62M |
| UBSI United Bankshares Inc | 12.97 | $4.98B |
| HOMB Home Bancshares Inc | 13.21 | $5.45B |
| CARE Carter Bankshares Inc | 14.12 | $392.31M |
| SBCF Seacoast Banking Corp Of Florida | 18.55 | $2.38B |
| WSBC Wesbanco Inc | 19.04 | $2.82B |
Frequently asked questions
What is Carter Bankshares's PE ratio?
CARE's price to earnings ratio is 14.12 as of Aug 1, 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 14.57.
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 13.99.
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 3.2% below 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 (Aug 1, 2025), Carter Bankshares's share price is $16.94. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2025 is $1.2. Therefore, Carter Bankshares's price to earnings ratio for today is 14.12. PE RATIO(14.12) = STOCK PRICE($16.94) / TTM EPS($1.2)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.