The current PE ratio for Coastal Financial stock as of May 16, 2024 is 15.26. This is calculated based on the TTM EPS of $2.93 and the stock price of $44.72 per share. The PE ratio has increased by 27% from its last 4 quarters average of 12.0.
The average historical PE ratio of Coastal Financial for the last six years is 15.04. The current price-to-earnings ratio of 15.26 is in line with the historical average. Analyzing the last six years, CCB's PE ratio reached its highest point in the Sep 2018 quarter at 23.94, when the price was $17 and the EPS was $0.71. The lowest point was recorded in the Mar 2020 quarter, when it reached 9.47 with a price of $10.51 and an EPS of $1.11.
Maximum annual increase: 36.03% in 2021
Maximum annual decrease: -32.76% in 2022
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 13.22 | -12.62% |
| 2022 | 15.13 | -32.76% |
| 2021 | 22.5 | 36.03% |
| 2020 | 16.54 | 11.46% |
| 2019 | 14.84 | -9.4% |
| 2018 | 16.38 | N/A |
| 2017 | N/A | N/A |
| 2016 | N/A | N/A |
The current PE ratio of CCB is above its 3 and 5-year averages.
When compared to its peer stocks NRIM and NKSH, CCB's PE ratio is higher.
| Stock name | PE ratio | Market cap |
|---|---|---|
| NRIM Northrim Bancorp Inc | 10.87 | $309.13M |
| NKSH National Bankshares Inc | 14.06 | $187.25M |
| CCB Coastal Financial Corp | 15.26 | $600.12M |
As of May 16, 2024, CCB stock has a price to earnings ratio of 15.26.
Over the last 3 years, the average PE ratio for CCB stock is 14.82.
Over the last 5 years, the average PE ratio for CCB stock is 14.41.
Over the last six years, the quarterly PE ratio reached its highest level at 23.94 in the Sep 2018 quarter.
The current PE ratio of CCB is 1.5% higher than the 6-year historical average.
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (May 16, 2024), Coastal Financial's share price is $44.72. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $2.93. Therefore, Coastal Financial's price to earnings ratio for today is 15.26. PE RATIO(15.26) = STOCK PRICE($44.72) / TTM EPS($2.93)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.