The current PE ratio for Columbia Banking System stock as of May 3, 2024 is 11.27. This is calculated based on the current EPS of $1.79 and the stock price of $20.17 per share. The P/E ratio has decreased by 8% from the past four quarters average of 12.2.
The average historical PE ratio of Columbia Banking System for the last ten years is 15.91. The current PE ratio of 11.27 is 29% below the historical average. In the past ten years, COLB's PE ratio was at its highest in the Dec 2016 quarter at 24.69, when the stock price was $44.68 and the EPS was $1.81. The lowest value was in the Jun 2022 quarter, when it reached 9.42 with a price of $28.65 and an EPS of $3.04.
Maximum annual increase: 29.88% in 2016
Maximum annual decrease: -38.57% in 2021
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 14.91 | 28.65% |
| 2022 | 11.59 | 14.07% |
| 2021 | 10.16 | -38.57% |
| 2020 | 16.54 | 8.96% |
| 2019 | 15.18 | -1.3% |
| 2018 | 15.38 | -34.13% |
| 2017 | 23.35 | -5.43% |
| 2016 | 24.69 | 29.88% |
| 2015 | 19.01 | 5.32% |
| 2014 | 18.05 | -18.58% |
The current PE ratio of COLB is lower than the 3, 5 and 10-year averages.
COLB's PE ratio is lower than its peer stocks BOH and BMRC, but it is greater than EWBC's and BANR's. Columbia Banking System's current PE ratio of 11.27 is comparable to the average of its peer group, which is 11.28.
| Stock name | PE ratio | Market cap |
|---|---|---|
| BANR Banner Corp | 8.64 | $1.59B |
| EWBC East West Bancorp Inc | 9.31 | $10.73B |
| HFWA Heritage Financial Corp | 10.73 | $659.38M |
| COLB Columbia Banking System Inc | 11.27 | $4.21B |
| BMRC Bank of Marin Bancorp | 12.55 | $251.97M |
| BOH Bank Of Hawaii Corp | 15.17 | $2.34B |
As of May 3, 2024, COLB stock has a price to earnings ratio of 11.27.
The 3-year average PE ratio for COLB stock is 11.39.
The 5-year average PE ratio for COLB stock is 12.56.
In the last ten years, the Dec 2016 quarter recorded the highest quarterly PE ratio at 24.69.
The current price to earnings ratio of COLB is 29% lower than the 10-year historical average.
To determine the PE ratio, divide the most recent stock price by the TTM earnings per share (EPS). As of today (May 3, 2024), Columbia Banking System's stock price is $20.17. The earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $1.79. Therefore, Columbia Banking System's P/E ratio for today is 11.27. PE RATIO(11.27) = STOCK PRICE($20.17) / TTM EPS($1.79)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.