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COLB Columbia Banking System PE ratio, current and historical analysis

The current PE ratio for Columbia Banking System stock as of Jun 20, 2024 is 7.9. This is calculated based on the current EPS of $2.34 and the stock price of $18.48 per share. The P/E ratio has decreased by 30% from the past four quarters average of 11.3.

COLB PE ratio history

How has COLB's PE ratio performed in the past

The average historical PE ratio of Columbia Banking System for the last ten years is 15.72. The current PE ratio of 7.9 is 50% 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 Mar 2024 quarter, when it reached 8.27 with a price of $19.35 and an EPS of $2.34.

Average
15.72
Median
15.49
Minimum
8.27
Maximum
24.69

Columbia Banking System PE ratio by year

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%

COLB average PE ratio chart

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

The current PE ratio of COLB is lower than the 3, 5 and 10-year averages.

3-year avg
11.13
5-year avg
12.34
10-year avg
15.72
15-year avg
17.86

COLB PE vs peers

What is COLB's PE ratio compared to its peers

COLB's PE ratio is lower than its peer stocks EWBC and BOH. Columbia Banking System is presently trading at a lower PE ratio (7.9) than its peer group average of 12.72.

Stock name PE ratio Market cap
COLB Columbia Banking System Inc 7.9 $3.87B
EWBC East West Bancorp Inc 8.9 $9.9B
BANR Banner Corp 9.71 $1.61B
HFWA Heritage Financial Corp 12.49 $584.87M
BOH Bank Of Hawaii Corp 14.55 $2.24B
BMRC Bank of Marin Bancorp 17.96 $242.82M

Frequently asked questions

What is Columbia Banking System's PE ratio?

As of Jun 20, 2024, COLB stock has a price to earnings ratio of 7.9.

What is the 3-year average PE ratio for Columbia Banking System (COLB)?

The 3-year average PE ratio for COLB stock is 11.13.

What is the 5-year average PE ratio for Columbia Banking System (COLB)?

The 5-year average PE ratio for COLB stock is 12.34.

What is the highest PE ratio for COLB?

In the last ten years, the Dec 2016 quarter recorded the highest quarterly PE ratio at 24.69.

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

The current price to earnings ratio of COLB is 50% lower than the 10-year historical average.

Why is Columbia Banking System's PE ratio so low?

COLB's stock price is trading at a lower multiple of earnings, which is why its PE ratio of 7.9 is considered low.

How is COLB's PE ratio calculated (Columbia Banking System PE ratio formula)?

To determine the PE ratio, divide the most recent stock price by the TTM earnings per share (EPS). As of today (Jun 20, 2024), Columbia Banking System's stock price is $18.48. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $2.34. Therefore, Columbia Banking System's P/E ratio for today is 7.9. PE RATIO(7.9) = STOCK PRICE($18.48) / TTM EPS($2.34)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.