CATY Cathay General Bancorp PE ratio, current and historical analysis
As of Jun 13, 2025, the Cathay General Bancorp stock's P/E ratio is 10.87. This takes into account the latest EPS of $3.98 and stock price of $43.28. The PE ratio has increased by 2% from its last 4 quarters average of 10.7.
CATY PE ratio history
The PE ratio of Cathay General Bancorp has averaged 11.8 over the last ten years. The current price-to-earnings ratio of 10.87 is 8% 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 history chart
Cathay General Bancorp PE ratio by year
Maximum annual increase: 31.33% in 2024
Maximum annual decrease: -48.03% in 2018
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2024 | 11.99 | 31.33% | $47.61 | $3.97 |
| 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 |
Cathay General Bancorp PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Mar 2025 | 10.81 | -9.84% | $43.03 | $3.98 |
| Dec 2024 | 11.99 | 11.12% | $47.61 | $3.97 |
| 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 |
CATY Price vs fair value
You can ether set your own Fair P/E multiple or use one of the automatically calculated Fair P/E multiples.
Fair P/E calculation
PE Ratio is an attempt to estimate a fair PE ratio of a stock based on its earnings and growth rate.
This formula is a modified version of the classic Graham-Dodd Formula (V= EPS x (8.5+2g)), originally developed by Benjamin Graham, to calculate the fair price of a stock based on its earnings and growth rate.
The formula we have created is an adaptation of this approach, designed to maintain a balance between simplicity and growth sensitivity.
It is calculated using the following formula:
IF g < 5: Fair PE = b
IF g >= 5: Fair PE = m × g
Here’s what each part of the formula means:
g: Growth is calculated as the average of the three-year average EPS growth rate and the one-year EPS growth rate (annually). This approach provides a balanced measure of growth by factoring in both the long-term growth trend and the most recent annual growth performance. If one of the growth metrics is not available, the remaining metric is used to determine growth. The fair P/E value is capped at 100 to prevent distortions caused by extreme EPS growth rates, such as those resulting from large percentage increases from a low base.
m: This is the long term historical median PEG (Price/Earnings to Growth) ratio of the overall market. It serves as a benchmark, adjusting the Fair PE based on typical market conditions.
b: Base PE (static value set to 8). If the company's growth rate is less than 5, the Fair PE is set at a conservative baseline of 8. This is because declining companies generally deserve a lower PE ratio.
Fixed vs Dynamic
Fixed: The Fair PE ratio for all data points is calculated using a single, constant average EPS growth rate, determined based on the most recent period. This means that the same growth rate is applied to all historical data points. Dynamic: The Fair PE ratio for each historical data point is calculated using the trailing average EPS growth rate specific to that point in time. This means that for each data point, the corresponding trailing EPS growth rate is used, ensuring that the Fair PE ratio reflects the growth conditions that were relevant at that specific point in history.
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.
PE vs average
CATY PE vs peers
When compared to its peers CVBF and PPBI, CATY's PE ratio is lower, but it is higher than EWBC's and BSRR's. Cathay General Bancorp's PE ratio is trading below the peer average of 12.05.
| Stock name | PE ratio | Market cap |
|---|---|---|
| BSRR Sierra Bancorp | 9.58 | $378.5M |
| EWBC East West Bancorp Inc | 10.84 | $12.61B |
| CATY Cathay General Bancorp | 10.87 | $3.03B |
| CVBF Cvb Financial Corp | 12.61 | $2.55B |
| PPBI Pacific Premier Bancorp Inc | 13.55 | $2B |
| HTBK Heritage Commerce Corp | 13.66 | $572.22M |
| BMRC Bank of Marin Bancorp | N/A | $354.48M |
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Frequently asked questions
What is Cathay General Bancorp's PE ratio?
CATY stock has a price to earnings ratio of 10.87 as of Jun 13, 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 8.85.
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 9.57.
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 8% 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 (Jun 13, 2025), Cathay General Bancorp's share price is $43.28. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2025 is $3.98. Therefore, Cathay General Bancorp's price to earnings ratio for today is 10.87. PE RATIO(10.87) = STOCK PRICE($43.28) / TTM EPS($3.98)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.