The current PE ratio for Columbia Banking System stock as of Sep 28, 2023 is 8.69. This is calculated based on the current EPS of $2.26 and the stock price of $19.63 per share. The P/E ratio has decreased by 10% from the past four quarters average of 9.7.
The average historical PE ratio of Columbia Banking System for the last ten years is 16.46. The current PE ratio of 8.69 is 47% 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 2023 quarter, when it reached 8.97 with a price of $20.28 and an EPS of $2.26.
Maximum annual increase: 43.31% in 2013
Maximum annual decrease: -34.13% in 2018
| Year | PE ratio | Change |
|---|---|---|
| 2022 | 9.42 | -19.69% |
| 2021 | 11.73 | -29.08% |
| 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% |
| 2013 | 22.17 | 43.31% |
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 stock BOH, but it is greater than EWBC's and BANR's. Columbia Banking System is presently trading at a higher PE ratio (8.69) than its peer group average of 7.44.
| Stock name | PE ratio | Market cap |
|---|---|---|
| EWBC East West Bancorp Inc | 5.94 | $7.55B |
| HFWA Heritage Financial Corp | 7.18 | $578.64M |
| BANR Banner Corp | 7.36 | $1.46B |
| BMRC Bank of Marin Bancorp | 7.55 | $296.93M |
| COLB Columbia Banking System Inc | 9.07 | $4.27B |
| BOH Bank Of Hawaii Corp | 10.04 | $2.01B |
As of Sep 28, 2023, COLB stock has a price to earnings ratio of 8.69.
The 3-year average PE ratio for COLB stock is 11.92.
The 5-year average PE ratio for COLB stock is 13.03.
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 47% lower than the 10-year historical average.
COLB's stock price is trading at a lower multiple of earnings, which is why its PE ratio of 8.69 is considered low.
To determine the PE ratio, divide the most recent stock price by the TTM earnings per share (EPS). As of today (Sep 28, 2023), Columbia Banking System's stock price is $19.63. The earnings per share for the trailing twelve months (TTM) ending Jun 2023 is $2.26. Therefore, Columbia Banking System's P/E ratio for today is 8.69. PE RATIO(8.69) = STOCK PRICE($19.63) / TTM EPS($2.26)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.