As of Jul 25, 2024, the ConnectOne Bancorp stock's PE ratio is 12.89. This results from the current EPS of $1.89 and stock price of $24.37. The P/E ratio has grown by 47% from the past four quarters average of 8.8.
The PE ratio of ConnectOne Bancorp has averaged 13.56 over the last ten years. The current PE ratio of 12.89 is 4.9% below the historical average. Over the past ten years, CNOB's PE ratio was at its highest in the Sep 2017 quarter at 26.17, when the stock price was $24.6 and the EPS was $0.94. The lowest value was in the Mar 2023 quarter, when it reached 6.16 with a price of $17.68 and an EPS of $2.87.
Maximum annual increase: 86.51% in 2016
Maximum annual decrease: -48.19% in 2018
Year | PE ratio | Change |
---|---|---|
2023 | 11.01 | 37.8% |
2022 | 7.99 | -20.89% |
2021 | 10.1 | -8.1% |
2020 | 10.99 | -11.16% |
2019 | 12.37 | 25.2% |
2018 | 9.88 | -48.19% |
2017 | 19.07 | -25.04% |
2016 | 25.44 | 86.51% |
2015 | 13.64 | -42.57% |
2014 | 23.75 | 53.23% |
Currently, CNOB's PE ratio is greater than its 3 and 5-year historical averages, but it is below the 10-year average.
CNOB's PE ratio is lower than its peer stock PGC, but it is greater than VLY's and UNTY's. ConnectOne Bancorp is presently trading at a higher PE ratio (12.89) than its peer group average of 10.38.
Stock name | PE ratio | Market cap |
---|---|---|
UNTY Unity Bancorp Inc | 9.21 | $356.99M |
VLY Valley National Bancorp | 9.68 | $4.19B |
PKBK Parke Bancorp Inc | 10.23 | $239.97M |
PGC Peapack Gladstone Financial Corp | 13.11 | $512.38M |
CNOB ConnectOne Bancorp Inc | 13.19 | $955.26M |
As of Jul 25, 2024, CNOB stock has a price to earnings ratio of 12.89.
The 3-year average PE ratio for CNOB stock is 8.59.
The 5-year average PE ratio for CNOB stock is 9.08.
Over the last ten years, the quarterly PE ratio reached a historic high of 26.17 in the Sep 2017 quarter.
CNOB's price to earnings ratio is currently 4.9% below its 10-year historical average.
The PE ratio is calculated by taking the latest stock price and dividing it by the EPS for the last 12 months. As of today (Jul 25, 2024), ConnectOne Bancorp's stock price is $24.37. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $1.89. Therefore, ConnectOne Bancorp's P/E ratio for today is 12.89. PE RATIO(12.89) = STOCK PRICE($24.37) / TTM EPS($1.89)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.