As of May 16, 2024, the Columbia Financial stock's PE ratio is 100.38. This takes into account the latest EPS of $0.16 and stock price of $16.06. The PE ratio has grown by 81% from its last 4 quarters average of 55.6.
The PE ratio of Columbia Financial has averaged 74.91 over the last six years. The current P/E ratio of 100.38 is 34% higher than the historical average. Looking back at the last six years, CLBK's PE ratio peaked in the Jun 2018 quarter at 827.5, when the price was $16.55 and the EPS was N/A. The lowest point was in the Sep 2021 quarter, when it reached 22.02 with a price of $18.5 and an EPS of $0.84.
Maximum annual increase: 108.91% in 2023
Maximum annual decrease: -54.78% in 2019
Year | PE ratio | Change |
---|---|---|
2023 | 55.09 | 108.91% |
2022 | 26.37 | 11.27% |
2021 | 23.7 | -20.79% |
2020 | 29.92 | -13.45% |
2019 | 34.57 | -54.78% |
2018 | 76.45 | N/A |
2017 | N/A | N/A |
2016 | N/A | N/A |
Currently, CLBK's PE ratio is higher than the 3 and 5-year averages.
In comparison to its peer stocks NFBK and NECB, CLBK's PE ratio is higher.
Stock name | PE ratio | Market cap |
---|---|---|
NECB NorthEast Community Bancorp Inc | 5.26 | $244.87M |
NFBK Northfield Bancorp Inc | 12.8 | $425.7M |
CLBK Columbia Financial Inc | 100.38 | $1.68B |
CLBK stock has a price to earnings ratio of 100.38 as of May 16, 2024.
Over the last 3 years, the average price to earnings ratio for CLBK stock is 34.56.
Over the last 5 years, the average price to earnings ratio for CLBK stock is 32.94.
Over the last six years, the quarterly PE ratio reached its highest level at 827.5 in the Jun 2018 quarter.
CLBK's price to earnings ratio is currently 34% above its 6-year historical average.
A company with a higher PE ratio may indicate that the market has higher growth expectations for the company's future earnings or profitability.
The P/E ratio is calculated by taking the latest stock price and dividing it by the EPS for the last 12 months. As of today (May 16, 2024), Columbia Financial's share price is $16.06. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $0.16. Therefore, Columbia Financial's PE ratio for today is 100.38. PE RATIO(100.38) = STOCK PRICE($16.06) / TTM EPS($0.16)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.