CBSH Commerce Bancshares PE ratio, current and historical analysis
As of Nov 21, 2024, the Commerce Bancshares stock's P/E ratio is 19.36. This takes into account the latest EPS of $3.71 and stock price of $71.81. The PE ratio has increased by 25% from its last 4 quarters average of 15.4.
CBSH PE ratio history
The PE ratio of Commerce Bancshares has averaged 18.45 over the last ten years. The current price-to-earnings ratio of 19.36 is 4.9% more than the historical average. Analyzing the last ten years, CBSH's PE ratio reached its highest point in the Jun 2020 quarter at 26.22, when the price was $56.64 and the EPS was $2.16. The lowest point was recorded in the Sep 2023 quarter, when it reached 13.07 with a price of $47.98 and an EPS of $3.67.
Commerce Bancshares PE ratio by year
Maximum annual increase: 39.58% in 2016
Maximum annual decrease: -29.54% in 2021
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 14.67 | -20.7% |
| 2022 | 18.5 | 10.78% |
| 2021 | 16.7 | -29.54% |
| 2020 | 23.7 | 13.56% |
| 2019 | 20.87 | 27.49% |
| 2018 | 16.37 | -22.75% |
| 2017 | 21.19 | -8.27% |
| 2016 | 23.1 | 39.58% |
| 2015 | 16.55 | -0.06% |
| 2014 | 16.56 | 0.24% |
CBSH average PE ratio chart
Currently, CBSH's PE ratio is above its 3, 5 and 10-year averages.
CBSH PE vs peers
When compared to its peer HWBK, CBSH's PE ratio is lower, but it is higher than FCNCA's and WTFC's. Commerce Bancshares is currently trading at a higher PE ratio (19.36) than its peers average of 16.19.
| Stock name | PE ratio | Market cap |
|---|---|---|
| GSBC Great Southern Bancorp Inc | 12.21 | $731.07M |
| EFSC Enterprise Financial Services Corp | 12.64 | $2.22B |
| QCRH Qcr Holdings Inc | 13.1 | $1.53B |
| FCNCA First Citizens Bancshares Inc | 13.31 | $32.51B |
| WTFC Wintrust Financial Corp | 13.79 | $8.89B |
| NBHC National Bank Holdings Corp | 14.86 | $1.83B |
| UMBF Umb Financial Corp | 15.28 | $6.01B |
| CBSH Commerce Bancshares Inc | 19.36 | $9.21B |
| HWBK Hawthorn Bancshares Inc | 34.32 | $215.82M |
| MOFG MidWestOne Financial Group Inc | N/A | $680.38M |
Frequently asked questions
What is Commerce Bancshares's PE ratio?
The price to earnings ratio for CBSH stock as of Nov 21, 2024, stands at 19.36.
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 16.06.
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 17.99.
What is the highest PE ratio for CBSH?
Over the last ten years, the quarterly PE ratio reached its highest level at 26.22 in the Jun 2020 quarter.
How does the current PE ratio for CBSH compare to its historical average?
CBSH's price to earnings ratio is currently 4.9% above 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 (Nov 21, 2024), Commerce Bancshares's share price is $71.81. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $3.71. Therefore, Commerce Bancshares's price to earnings ratio for today is 19.36. PE RATIO(19.36) = STOCK PRICE($71.81) / TTM EPS($3.71)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.