CHMG Chemung Financial PE ratio, current and historical analysis
As of Feb 21, 2025, the CHMG stock has a PE ratio of 11.33. The calculation is based on the latest EPS of $4.52 and the stock price of $51.23 per share. An increase of 20% has been observed in the PE ratio compared to its average of 9.5 of the last four quarters.
CHMG PE ratio history
The mean historical PE ratio of Chemung Financial over the last ten years is 12.5. The current 11.33 P/E ratio is 9% lower than the historical average. Looking back at the last ten years, CHMG's PE ratio peaked in the Dec 2017 quarter at 31.03, with a price of $48.1 and an EPS of $1.55. The Sep 2023 quarter marked the lowest point at 6.54, with a price of $39.61 and an EPS of $6.06.
Chemung Financial PE ratio by year
Maximum annual increase: 80.09% in 2017
Maximum annual decrease: -67.23% in 2018
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2023 | 9.43 | 26.07% | $49.8 | $5.28 |
| 2022 | 7.48 | -9.22% | $45.87 | $6.13 |
| 2021 | 8.24 | -2.72% | $46.45 | $5.64 |
| 2020 | 8.47 | -36.03% | $33.95 | $4.01 |
| 2019 | 13.24 | 30.19% | $42.5 | $3.21 |
| 2018 | 10.17 | -67.23% | $41.31 | $4.06 |
| 2017 | 31.03 | 80.09% | $48.1 | $1.55 |
| 2016 | 17.23 | 25.31% | $36.35 | $2.11 |
| 2015 | 13.75 | -13.52% | $27.5 | $2 |
| 2014 | 15.9 | -12.97% | $27.66 | $1.74 |
| 2013 | 18.27 | 45.46% | $34.17 | $1.87 |
| 2012 | 12.56 | 32.77% | $29.89 | $2.38 |
| 2011 | 9.46 | 17.66% | $22.7 | $2.4 |
| 2010 | 8.04 | -42.98% | $22.5 | $2.8 |
| 2009 | 14.1 | 63.57% | $20.45 | $1.45 |
Chemung Financial PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Sep 2024 | 10.62 | 9.26% | $48.02 | $4.52 |
| Jun 2024 | 9.72 | 19.41% | $48 | $4.94 |
| Mar 2024 | 8.14 | -13.68% | $42.48 | $5.22 |
| Dec 2023 | 9.43 | 44.19% | $49.8 | $5.28 |
| Sep 2023 | 6.54 | -0.91% | $39.61 | $6.06 |
| Jun 2023 | 6.6 | -1.2% | $38.41 | $5.82 |
| Mar 2023 | 6.68 | -10.7% | $41.5 | $6.21 |
| Dec 2022 | 7.48 | 5.95% | $45.87 | $6.13 |
| Sep 2022 | 7.06 | -10.18% | $41.87 | $5.93 |
| Jun 2022 | 7.86 | -3.91% | $47 | $5.98 |
| Mar 2022 | 8.18 | -0.73% | $46.69 | $5.71 |
| Dec 2021 | 8.24 | -2.37% | $46.45 | $5.64 |
| Sep 2021 | 8.44 | -2.09% | $45.3 | $5.37 |
| Jun 2021 | 8.62 | 0.82% | $44.31 | $5.14 |
| Mar 2021 | 8.55 | 0.94% | $41.82 | $4.89 |
CHMG average PE ratio chart
Currently, CHMG's PE ratio is higher than the 3 and 5-year averages, but it is lower than its 10-year average.
CHMG PE vs peers
CHMG's PE ratio stands lower than its peer stocks PNFP and WTFC, but it is higher than FISI's. Chemung Financial is currently trading at a lower PE ratio (11.33) than its peers average of 15.44.
| Stock name | PE ratio | Market cap |
|---|---|---|
| FISI Financial Institutions Inc | 8.93 | $443.49M |
| CHMG Chemung Financial Corp | 11.33 | $243.78M |
| WTFC Wintrust Financial Corp | 12.78 | $8.23B |
| FNB Fnb Corp | 13.56 | $5.31B |
| TMP Tompkins Financial Corp | 14.79 | $989.85M |
| NBTB Nbt Bancorp Inc | 16.33 | $2.21B |
| CBU Community Bank System Inc | 20.11 | $3.32B |
| PNFP Pinnacle Financial Partners Inc | 21.55 | $8.82B |
Frequently asked questions
What is Chemung Financial's PE ratio?
CHMG stock has a price to earnings ratio of 11.33 as of Feb 21, 2025.
What is the 3-year average PE ratio for Chemung Financial (CHMG)?
The average PE ratio for CHMG stock over the past 3 years is 8.03.
What is the 5-year average PE ratio for Chemung Financial (CHMG)?
The average PE ratio for CHMG stock over the past 5 years is 8.38.
What is the highest PE ratio for CHMG?
Over the last ten years, the quarterly PE ratio reached its highest level at 31.03 in the Dec 2017 quarter.
How does the current PE ratio for CHMG compare to its historical average?
CHMG's current price to earnings ratio is 9% below its 10-year historical average.
How is CHMG's PE ratio calculated (Chemung Financial PE ratio formula)?
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Feb 21, 2025), Chemung Financial's share price is $51.23. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $4.52. Therefore, Chemung Financial's PE ratio for today is 11.33. PE RATIO(11.33) = STOCK PRICE($51.23) / TTM EPS($4.52)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.