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CBSH Commerce Bancshares PE ratio, current and historical analysis

As of Jun 20, 2024, the Commerce Bancshares stock's P/E ratio is 15.01. This takes into account the latest EPS of $3.56 and stock price of $53.45. The PE ratio has increased by 9% from its last 4 quarters average of 13.8.

CBSH PE ratio history

How has CBSH's PE ratio performed in the past

The PE ratio of Commerce Bancshares has averaged 18.46 over the last ten years. The current price-to-earnings ratio of 15.01 is 19% less 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 12.73 with a price of $47.98 and an EPS of $3.77.

Average
18.46
Median
17.86
Minimum
12.73
Maximum
26.22

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

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

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

3-year avg
16.07
5-year avg
18.19
10-year avg
18.46
15-year avg
17.36

CBSH PE vs peers

What is CBSH's PE ratio compared to its 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 (15.01) than its peers average of 10.14.

Stock name PE ratio Market cap
EFSC Enterprise Financial Services Corp 8.18 $1.43B
QCRH Qcr Holdings Inc 8.2 $931.91M
FCNCA First Citizens Bancshares Inc 9.17 $24.01B
WTFC Wintrust Financial Corp 9.56 $5.79B
GSBC Great Southern Bancorp Inc 10.31 $614.37M
NBHC National Bank Holdings Corp 10.56 $1.4B
UMBF Umb Financial Corp 10.63 $3.93B
MOFG MidWestOne Financial Group Inc 14.52 $329.44M
CBSH Commerce Bancshares Inc 15.01 $6.92B
HWBK Hawthorn Bancshares Inc 66.07 $138.78M

Frequently asked questions

What is Commerce Bancshares's PE ratio?

The price to earnings ratio for CBSH stock as of Jun 20, 2024, stands at 15.01.

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 16.07.

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 18.19.

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 19% 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 (Jun 20, 2024), Commerce Bancshares's share price is $53.45. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $3.56. Therefore, Commerce Bancshares's price to earnings ratio for today is 15.01. PE RATIO(15.01) = STOCK PRICE($53.45) / TTM EPS($3.56)

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