COFS Choiceone Financial Services PE ratio, current and historical analysis
As at Mar 20, 2025, the COFS stock has a PE ratio of 8.85. This is based on the current EPS of $3.27 and the stock price of $28.95 per share. A decrease of 11% has been seen in the P/E ratio compared to the average of 10.0 of the last 4 quarters.
COFS PE ratio history
The mean historical PE ratio of Choiceone Financial Services over the last ten years is 11.99. The current 8.85 PE ratio is 26% 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.
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
Currently, COFS's PE ratio is above the 3-year historical average, but it is below the 5 and 10-year averages.
COFS PE vs peers
COFS's PE ratio is lower than its peer stocks FBMS and FMBH. Choiceone Financial Services's current PE ratio of 8.85 is below the average of its peers, which is 12.16.
| Stock name | PE ratio | Market cap |
|---|---|---|
| COFS Choiceone Financial Services, Inc. | 8.76 | $256.96M |
| FMBH First Mid Bancshares Inc | 10.58 | $839.86M |
| ACNB Acnb Corp | 11.24 | $444.38M |
| ASRV Ameriserv Financial Inc | 11.43 | $39.65M |
| CZNC Citizens & Northern Corp | 12.12 | $316.75M |
| FUNC First United Corp | 12.57 | $200.01M |
| FBMS First Bancshares Inc | 14.21 | $1.09B |
| FISI Financial Institutions Inc | N/A | $510.28M |
Frequently asked questions
What is Choiceone Financial Services's PE ratio?
The price to earnings ratio for COFS stock is 8.85 as of Mar 20, 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 8.72.
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 10.16.
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 26% 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 8.85 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 (Mar 20, 2025), Choiceone Financial Services's stock price is $28.95. 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 8.85. PE RATIO(8.85) = STOCK PRICE($28.95) / TTM EPS($3.27)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.