COFS Choiceone Financial Services PE ratio, current and historical analysis

As at Apr 1, 2025, the COFS stock has a PE ratio of 8.68. This is based on the current EPS of $3.27 and the stock price of $28.38 per share. A decrease of 13% has been seen in the P/E ratio compared to the average of 10.0 of the last 4 quarters.

COFS PE ratio history

How has COFS's PE ratio performed in the past

The mean historical PE ratio of Choiceone Financial Services over the last ten years is 11.97. The current 8.68 PE ratio is 27% below the historical average. Over the past ten years, COFS's PE ratio was at its highest in the Dec 2019 quarter at 20.23, with a price of $31.96 and an EPS of $1.58. The Sep 2023 quarter recorded the bottom point at 6.52, with a price of $19.64 and an EPS of $3.01.

Today
8.68
Average
11.97
Median
12.32
Minimum
6.52
Maximum
20.23

Choiceone Financial Services PE ratio by year

Maximum annual increase: 64.2% in 2019

Maximum annual decrease: -37.68% in 2021

Year PE ratio PE change Price EPS
2024 10.9 4.91% $35.64 $3.27
2023 10.39 12.81% $29.3 $2.82
2022 9.21 -0.22% $29 $3.15
2021 9.23 -37.68% $26.49 $2.87
2020 14.81 -26.79% $30.81 $2.08
2019 20.23 64.2% $31.96 $1.58
2018 12.32 -7.58% $25 $2.03
2017 13.33 3.98% $22.67 $1.7
2016 12.82 -5.6% $21.54 $1.68
2015 13.58 2.18% $21.59 $1.59
2014 13.29 20.93% $20.86 $1.57
2013 10.99 -1.79% $15.5 $1.41
2012 11.19 -2.27% $13.1 $1.17
2011 11.45 -21.09% $11.11 $0.97
2010 14.51 -27.12% $10.88 $0.75

Choiceone Financial Services PE ratio by quarter (TTM)

Year PE ratio PE change Price EPS
Dec 2024 10.9 12.14% $35.64 $3.27
Sep 2024 9.72 1.78% $30.91 $3.18
Jun 2024 9.55 -1.55% $28.65 $3
Mar 2024 9.7 -6.64% $27.35 $2.82
Dec 2023 10.39 59.36% $29.3 $2.82
Sep 2023 6.52 -12.13% $19.64 $3.01
Jun 2023 7.42 -7.13% $23 $3.1
Mar 2023 7.99 -13.25% $25.24 $3.16
Dec 2022 9.21 24.29% $29 $3.15
Sep 2022 7.41 7.08% $21.72 $2.93
Jun 2022 6.92 -22.42% $20.14 $2.91
Mar 2022 8.92 -3.36% $25.06 $2.81
Dec 2021 9.23 1.76% $26.49 $2.87
Sep 2021 9.07 -7.54% $24.75 $2.73
Jun 2021 9.81 -0.91% $24.22 $2.47

COFS average PE ratio chart

What is the average PE ratio of COFS for the past years

Currently, COFS's PE ratio is below the 3, 5 and 10-year averages.

3-year avg
8.7
5-year avg
9.85
10-year avg
11.97
15-year avg
12.29

COFS PE vs peers

What is COFS's PE ratio compared to its peers

COFS's PE ratio is lower than its peer stocks FBMS and FMBH. Choiceone Financial Services's current PE ratio of 8.68 is below the average of its peers, which is 11.37.

Stock name PE ratio Market cap
COFS Choiceone Financial Services, Inc. 8.68 $254.53M
FUNC First United Corp 9.43 $192.32M
FMBH First Mid Bancshares Inc 10.5 $833.39M
ACNB Acnb Corp 11.03 $436.05M
ASRV Ameriserv Financial Inc 11.62 $40.31M
CZNC Citizens & Northern Corp 11.81 $308.7M
FBMS First Bancshares Inc 13.82 $1.06B
FISI Financial Institutions Inc N/A $498.73M

Frequently asked questions

What is Choiceone Financial Services's PE ratio?

The price to earnings ratio for COFS stock is 8.68 as of Apr 1, 2025.

What is the 3-year average PE ratio for Choiceone Financial Services (COFS)?

As an average over the last 3 years, COFS stock has a PE ratio of 8.7.

What is the 5-year average PE ratio for Choiceone Financial Services (COFS)?

As an average over the last 5 years, COFS stock has a PE ratio of 9.85.

What is the highest PE ratio for COFS?

The highest quarterly PE ratio in the last ten years has been 20.23 and it was in the Dec 2019 quarter.

How does the current PE ratio for COFS compare to its historical average?

COFS's current price to earnings ratio is 27% below its 10-year historical average.

Why is Choiceone Financial Services's PE ratio so low?

COFS's stock price is trading at a lower multiple of earnings, which is why its PE ratio of 8.68 is considered low.

How is COFS's PE ratio calculated (Choiceone Financial Services PE ratio formula)?

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 (Apr 1, 2025), Choiceone Financial Services's stock price is $28.38. The earnings per share for the trailing twelve months (TTM) ending Dec 2024 is $3.27. Therefore, Choiceone Financial Services's P/E ratio for today is 8.68. PE RATIO(8.68) = STOCK PRICE($28.38) / TTM EPS($3.27)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.