As of Nov 21, 2024, the Columbia Financial stock's PE ratio is 121.27. This takes into account the latest EPS of $0.15 and stock price of $18.19. The PE ratio has grown by 35% from its last 4 quarters average of 89.9.
The PE ratio of Columbia Financial has averaged 76.73 over the last seven years. The current P/E ratio of 121.27 is 58% higher than the historical average. Looking back at the last seven 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 | 7.9 | $412.21M |
NFBK Northfield Bancorp Inc | 20.78 | $570.62M |
CLBK Columbia Financial Inc | 121.27 | $1.9B |
CLBK stock has a price to earnings ratio of 121.27 as of Nov 21, 2024.
Over the last 3 years, the average price to earnings ratio for CLBK stock is 47.3.
Over the last 5 years, the average price to earnings ratio for CLBK stock is 39.6.
Over the last seven 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 58% above its 7-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 (Nov 21, 2024), Columbia Financial's share price is $18.19. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $0.15. Therefore, Columbia Financial's PE ratio for today is 121.27. PE RATIO(121.27) = STOCK PRICE($18.19) / TTM EPS($0.15)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.