CBSH Commerce Bancshares PE ratio, current and historical analysis

As of May 2, 2025, the Commerce Bancshares stock's P/E ratio is 16.24. This takes into account the latest EPS of $3.88 and stock price of $63.02. The PE ratio has increased by 6% from its last 4 quarters average of 15.3.

CBSH PE ratio history

How has CBSH's PE ratio performed in the past

The PE ratio of Commerce Bancshares has averaged 17.34 over the last ten years. The current price-to-earnings ratio of 16.24 is 6% less than the historical average. Analyzing the last ten years, CBSH's PE ratio reached its highest point in the Dec 2020 quarter at 22.52, when the price was $54.05 and the EPS was $2.4. The lowest point was recorded in the Sep 2023 quarter, when it reached 12.02 with a price of $43.52 and an EPS of $3.62.

Today
16.24
Average
17.34
Median
17.01
Minimum
12.02
Maximum
22.52

Commerce Bancshares PE ratio by year

Maximum annual increase: 37.01% in 2013

Maximum annual decrease: -29.31% in 2021

YearPE ratioPE changePriceEPS
202416.069.55%$62.31$3.88
202314.66-16.89%$50.87$3.47
202217.6410.8%$61.74$3.5
202115.92-29.31%$59.38$3.73
202022.5218.9%$54.05$2.4
201918.9427.46%$53.23$2.81
201814.86-22.85%$42.06$2.83
201719.26-12.37%$39.68$2.06
201621.9833.05%$39.13$1.78
201516.52-0.36%$27.42$1.66
201416.580.42%$26.7$1.61
201316.5137.01%$26.26$1.59
201212.05-10.61%$19.52$1.62
201113.48-14.03%$20.22$1.5
201015.68-15.83%$20.07$1.28

CBSH average PE ratio chart

What is the average PE ratio of CBSH for the past years

Currently, CBSH's PE ratio is above its 3-year average, but it is under its 5 and 10-year averages.

3-year avg
15.16
5-year avg
16.67
10-year avg
17.34
15-year avg
16.49
PE vs average

CBSH PE vs peers

What is CBSH's PE ratio compared to its peers

When compared to its peer stocks FCNCA and WTFC, CBSH's PE ratio is higher. Commerce Bancshares is currently trading at a higher PE ratio (16.24) than its peers average of 10.88.

Stock namePE ratioMarket cap
FCNCA First Citizens Bancshares Inc9.67$24.86B
QCRH Qcr Holdings Inc9.8$1.12B
EFSC Enterprise Financial Services Corp10.3$1.96B
GSBC Great Southern Bancorp Inc10.7$655.17M
WTFC Wintrust Financial Corp11.06$7.73B
HWBK Hawthorn Bancshares Inc11.26$205.12M
UMBF Umb Financial Corp12.53$7.62B
NBHC National Bank Holdings Corp12.58$1.39B
CBSH Commerce Bancshares Inc 16.24$8.44B
MOFG MidWestOne Financial Group IncN/A$595.54M
Stock:
CBSH UMBF WTFC NBHC HWBK QCRH MOFG FCNCA EFSC GSBC
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Frequently asked questions

What is Commerce Bancshares's PE ratio?

The price to earnings ratio for CBSH stock as of May 2, 2025, stands at 16.24.

What is the 3-year average PE ratio for Commerce Bancshares (CBSH)?

Over the last 3 years, the average PE ratio for CBSH stock is 15.16.

What is the 5-year average PE ratio for Commerce Bancshares (CBSH)?

Over the last 5 years, the average PE ratio for CBSH stock is 16.67.

What is the highest PE ratio for CBSH?

Over the last ten years, the quarterly PE ratio reached its highest level at 22.52 in the Dec 2020 quarter.

How does the current PE ratio for CBSH compare to its historical average?

CBSH's price to earnings ratio is currently 6% below its 10-year historical average.

How is CBSH's PE ratio calculated (Commerce Bancshares PE ratio formula)?

To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (May 2, 2025), Commerce Bancshares's share price is $63.02. The company's earnings per share for the trailing twelve months (TTM) ending Dec 2024 is $3.88. Therefore, Commerce Bancshares's price to earnings ratio for today is 16.24. PE RATIO(16.24) = STOCK PRICE($63.02) / TTM EPS($3.88)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.