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CBSH Commerce Bancshares PE ratio, current and historical analysis

As of May 14, 2025, the Commerce Bancshares stock's P/E ratio is 16.24. This takes into account the latest EPS of $4.03 and stock price of $65.45. The PE ratio has increased by 4.7% from its last 4 quarters average of 15.5.

CBSH PE ratio history

How has CBSH's PE ratio performed in the past

The PE ratio of Commerce Bancshares has averaged 17.3 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
17.3
Median
16.98
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

Year PE ratio PE change Price EPS
2024 16.06 9.55% $62.31 $3.88
2023 14.66 -16.89% $50.87 $3.47
2022 17.64 10.8% $61.74 $3.5
2021 15.92 -29.31% $59.38 $3.73
2020 22.52 18.9% $54.05 $2.4
2019 18.94 27.46% $53.23 $2.81
2018 14.86 -22.85% $42.06 $2.83
2017 19.26 -12.37% $39.68 $2.06
2016 21.98 33.05% $39.13 $1.78
2015 16.52 -0.36% $27.42 $1.66
2014 16.58 0.42% $26.7 $1.61
2013 16.51 37.01% $26.26 $1.59
2012 12.05 -10.61% $19.52 $1.62
2011 13.48 -14.03% $20.22 $1.5
2010 15.68 -15.83% $20.07 $1.28

Commerce Bancshares PE ratio by quarter (TTM)

Year PE ratio PE change Price EPS
Mar 2025 15.44 -3.86% $62.23 $4.03
Dec 2024 16.06 3.88% $62.31 $3.88
Sep 2024 15.46 2.45% $56.57 $3.66
Jun 2024 15.09 1.89% $53.12 $3.52
Mar 2024 14.81 1.02% $50.67 $3.42
Dec 2023 14.66 21.96% $50.87 $3.47
Sep 2023 12.02 -1.48% $43.52 $3.62
Jun 2023 12.2 -18.61% $44.17 $3.62
Mar 2023 14.99 -15.02% $52.93 $3.53
Dec 2022 17.64 3.7% $61.74 $3.5
Sep 2022 17.01 0.47% $57.15 $3.36
Jun 2022 16.93 -0.06% $56.71 $3.35
Mar 2022 16.94 6.41% $61.84 $3.65
Dec 2021 15.92 6.35% $59.38 $3.73
Sep 2021 14.97 -6.26% $57.33 $3.83

CBSH Price vs fair value

How does CBSH's price compare to its estimated fair value based on its growth

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
15.19
5-year avg
16.62
10-year avg
17.3
15-year avg
16.47

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 11.47.

Stock name PE ratio Market cap
QCRH Qcr Holdings Inc 10.38 $1.18B
GSBC Great Southern Bancorp Inc 10.51 $676.15M
EFSC Enterprise Financial Services Corp 10.59 $2.01B
HWBK Hawthorn Bancshares Inc 10.73 $204.93M
FCNCA First Citizens Bancshares Inc 11.24 $26.08B
WTFC Wintrust Financial Corp 11.94 $8.21B
NBHC National Bank Holdings Corp 13.01 $1.44B
UMBF Umb Financial Corp 13.33 $8.11B
CBSH Commerce Bancshares Inc 16.24 $8.73B
MOFG MidWestOne Financial Group Inc N/A $611.6M

Frequently asked questions

What is Commerce Bancshares's PE ratio?

The price to earnings ratio for CBSH stock as of May 14, 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 15.19.

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 16.62.

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 14, 2025), Commerce Bancshares's share price is $65.45. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2025 is $4.03. Therefore, Commerce Bancshares's price to earnings ratio for today is 16.24. PE RATIO(16.24) = STOCK PRICE($65.45) / TTM EPS($4.03)

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