COFS Choiceone Financial Services PE ratio, current and historical analysis
As at Nov 21, 2024, the COFS stock has a PE ratio of 11.48. This is based on the current EPS of $3.18 and the stock price of $36.5 per share. An increase of 17% has been seen in the P/E ratio compared to the average of 9.8 of the last 4 quarters.
COFS PE ratio history
The mean historical PE ratio of Choiceone Financial Services over the last ten years is 12.05. The current 11.48 PE ratio is 4.7% 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 | Change |
|---|---|---|
| 2023 | 10.39 | 12.81% |
| 2022 | 9.21 | -0.22% |
| 2021 | 9.23 | -37.68% |
| 2020 | 14.81 | -26.79% |
| 2019 | 20.23 | 64.2% |
| 2018 | 12.32 | -7.58% |
| 2017 | 13.33 | 3.98% |
| 2016 | 12.82 | -5.6% |
| 2015 | 13.58 | 2.18% |
| 2014 | 13.29 | 20.93% |
COFS average PE ratio chart
Currently, COFS's PE ratio is above the 3 and 5-year historical averages, but it is below the 10-year average.
COFS PE vs peers
COFS's PE ratio is lower than its peer stocks FBMS and FMBH, but it is greater than FISI's. Choiceone Financial Services's current PE ratio of 11.48 is below the average of its peers, which is 13.29.
| Stock name | PE ratio | Market cap |
|---|---|---|
| FISI Financial Institutions Inc | 8.55 | $424.92M |
| COFS Choiceone Financial Services, Inc. | 11.48 | $326.95M |
| FMBH First Mid Bancshares Inc | 12.89 | $1B |
| ACNB Acnb Corp | 13.8 | $407.09M |
| CZNC Citizens & Northern Corp | 13.94 | $309.52M |
| FUNC First United Corp | 13.99 | $222.59M |
| FBMS First Bancshares Inc | 16.54 | $1.15B |
| ASRV Ameriserv Financial Inc | N/A | $50.22M |
Frequently asked questions
What is Choiceone Financial Services's PE ratio?
The price to earnings ratio for COFS stock is 11.48 as of Nov 21, 2024.
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 8.58.
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 10.63.
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 4.7% below its 10-year historical average.
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 (Nov 21, 2024), Choiceone Financial Services's stock price is $36.5. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $3.18. Therefore, Choiceone Financial Services's P/E ratio for today is 11.48. PE RATIO(11.48) = STOCK PRICE($36.5) / TTM EPS($3.18)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.