CATY Cathay General Bancorp PE ratio, current and historical analysis
As of Feb 21, 2025, the Cathay General Bancorp stock's P/E ratio is 11.52. This takes into account the latest EPS of $3.98 and stock price of $45.86. The PE ratio has increased by 24% from its last 4 quarters average of 9.3.
CATY PE ratio history
The PE ratio of Cathay General Bancorp has averaged 11.92 over the last ten years. The current price-to-earnings ratio of 11.52 is 3.4% less than the historical average. Analyzing the last ten years, CATY's PE ratio reached its highest point in the Dec 2017 quarter at 19.26, when the price was $42.17 and the EPS was $2.19. The lowest point was recorded in the Jun 2023 quarter, when it reached 6.1 with a price of $32.19 and an EPS of $5.28.
Cathay General Bancorp PE ratio by year
Maximum annual increase: 21.63% in 2013
Maximum annual decrease: -48.03% in 2018
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2023 | 9.13 | 8.56% | $44.57 | $4.88 |
| 2022 | 8.41 | -25.44% | $40.79 | $4.85 |
| 2021 | 11.28 | 0.89% | $42.99 | $3.81 |
| 2020 | 11.18 | 2.57% | $32.19 | $2.88 |
| 2019 | 10.9 | 8.89% | $38.05 | $3.49 |
| 2018 | 10.01 | -48.03% | $33.53 | $3.35 |
| 2017 | 19.26 | 11.91% | $42.17 | $2.19 |
| 2016 | 17.21 | 9.83% | $38.03 | $2.21 |
| 2015 | 15.67 | 5.95% | $31.33 | $2 |
| 2014 | 14.79 | -20.31% | $25.59 | $1.73 |
| 2013 | 18.56 | 21.63% | $26.73 | $1.44 |
| 2012 | 15.26 | 8.38% | $19.53 | $1.28 |
| 2011 | 14.08 | N/A | $14.93 | $1.06 |
| 2010 | N/A | N/A | $16.7 | -$0.06 |
| 2009 | N/A | N/A | $7.55 | -$1.59 |
Cathay General Bancorp PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Sep 2024 | 10.79 | 19.62% | $42.95 | $3.98 |
| Jun 2024 | 9.02 | 8.54% | $37.72 | $4.18 |
| Mar 2024 | 8.31 | -8.98% | $37.83 | $4.55 |
| Dec 2023 | 9.13 | 33.48% | $44.57 | $4.88 |
| Sep 2023 | 6.84 | 12.13% | $34.76 | $5.08 |
| Jun 2023 | 6.1 | -8.41% | $32.19 | $5.28 |
| Mar 2023 | 6.66 | -20.81% | $34.52 | $5.18 |
| Dec 2022 | 8.41 | -1.41% | $40.79 | $4.85 |
| Sep 2022 | 8.53 | -10.68% | $38.46 | $4.51 |
| Jun 2022 | 9.55 | -16.96% | $39.15 | $4.1 |
| Mar 2022 | 11.5 | 1.95% | $44.75 | $3.89 |
| Dec 2021 | 11.28 | 1.62% | $42.99 | $3.81 |
| Sep 2021 | 11.1 | -0.98% | $41.39 | $3.73 |
| Jun 2021 | 11.21 | -11.73% | $39.36 | $3.51 |
| Mar 2021 | 12.7 | 13.6% | $40.78 | $3.21 |
CATY average PE ratio chart
The current PE ratio of CATY is above its 3 and 5-year averages, but it is under its 10-year average.
CATY PE vs peers
When compared to its peer stocks EWBC and CVBF, CATY's PE ratio is lower. Cathay General Bancorp's PE ratio is trading below the peer average of 13.04.
| Stock name | PE ratio | Market cap |
|---|---|---|
| CATY Cathay General Bancorp | 11.52 | $3.27B |
| BSRR Sierra Bancorp | 11.73 | $430.37M |
| EWBC East West Bancorp Inc | 11.77 | $13.02B |
| CVBF Cvb Financial Corp | 13.86 | $2.77B |
| HTBK Heritage Commerce Corp | 14.79 | $643.69M |
| BMRC Bank of Marin Bancorp | N/A | $397.33M |
| PPBI Pacific Premier Bancorp Inc | N/A | $2.33B |
Frequently asked questions
What is Cathay General Bancorp's PE ratio?
CATY stock has a price to earnings ratio of 11.52 as of Feb 21, 2025.
What is the 3-year average PE ratio for Cathay General Bancorp (CATY)?
As an average over the last 3 years, CATY stock has a PE ratio of 8.62.
What is the 5-year average PE ratio for Cathay General Bancorp (CATY)?
As an average over the last 5 years, CATY stock has a PE ratio of 9.25.
What is the highest PE ratio for CATY?
The highest quarterly PE ratio in the last ten years has been 19.26 and it was in the Dec 2017 quarter.
How does the current PE ratio for CATY compare to its historical average?
CATY's price to earnings ratio is currently 3.4% below its 10-year historical average.
How is CATY's PE ratio calculated (Cathay General Bancorp PE ratio formula)?
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Feb 21, 2025), Cathay General Bancorp's share price is $45.86. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $3.98. Therefore, Cathay General Bancorp's price to earnings ratio for today is 11.52. PE RATIO(11.52) = STOCK PRICE($45.86) / TTM EPS($3.98)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.