CLBK Columbia Financial PE ratio, current and historical analysis
As of Oct 3, 2024, the Columbia Financial stock's PE ratio is 89.67. This takes into account the latest EPS of $0.18 and stock price of $16.14. The PE ratio has grown by 29% from its last 4 quarters average of 69.3.
CLBK PE ratio history
The PE ratio of Columbia Financial has averaged 75.24 over the last seven years. The current P/E ratio of 89.67 is 19% 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.
Columbia Financial PE ratio by year
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 |
CLBK average PE ratio chart
Currently, CLBK's PE ratio is higher than the 3 and 5-year averages.
CLBK PE vs peers
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 | 6.86 | $341.54M |
| NFBK Northfield Bancorp Inc | 16.48 | $476.78M |
| CLBK Columbia Financial Inc | 89.67 | $1.69B |
Frequently asked questions
What is Columbia Financial's PE ratio?
CLBK stock has a price to earnings ratio of 89.67 as of Oct 3, 2024.
What is the 3-year average PE ratio for Columbia Financial (CLBK)?
Over the last 3 years, the average price to earnings ratio for CLBK stock is 41.25.
What is the 5-year average PE ratio for Columbia Financial (CLBK)?
Over the last 5 years, the average price to earnings ratio for CLBK stock is 35.7.
What is the highest PE ratio for CLBK?
Over the last seven years, the quarterly PE ratio reached its highest level at 827.5 in the Jun 2018 quarter.
How does the current PE ratio for CLBK compare to its historical average?
CLBK's price to earnings ratio is currently 19% above its 7-year historical average.
Why is Columbia Financial's PE ratio so high?
A company with a higher PE ratio may indicate that the market has higher growth expectations for the company's future earnings or profitability.
How is CLBK's PE ratio calculated (Columbia Financial PE ratio formula)?
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 (Oct 3, 2024), Columbia Financial's share price is $16.14. The company's earnings per share for the trailing twelve months (TTM) ending Jun 2024 is $0.18. Therefore, Columbia Financial's PE ratio for today is 89.67. PE RATIO(89.67) = STOCK PRICE($16.14) / TTM EPS($0.18)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.