CBSH Commerce Bancshares PE ratio, current and historical analysis
- Stocks
- Financial Services
- NASDAQ: CBSH
- PE Ratio
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
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.
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
CBSH average PE ratio chart
Currently, CBSH's PE ratio is above its 3-year average, but it is under its 5 and 10-year averages.
CBSH PE vs 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.