The current PE ratio for Columbia Banking System stock as of Jul 25, 2024 is 10.34. This is calculated based on the current EPS of $2.34 and the stock price of $24.19 per share. The P/E ratio has decreased by 9% from the past four quarters average of 11.3.
The average historical PE ratio of Columbia Banking System for the last ten years is 15.66. The current PE ratio of 10.34 is 34% 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.
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 EWBC and BOH. Columbia Banking System is presently trading at a lower PE ratio (10.34) than its peer group average of 17.23.
| Stock name | PE ratio | Market cap |
|---|---|---|
| EWBC East West Bancorp Inc | 11.01 | $12.24B |
| COLB Columbia Banking System Inc | 11.54 | $5.65B |
| BANR Banner Corp | 12.78 | $2.12B |
| HFWA Heritage Financial Corp | 17.13 | $802.03M |
| BOH Bank Of Hawaii Corp | 19.36 | $2.75B |
| BMRC Bank of Marin Bancorp | 26.95 | $364.31M |
As of Jul 25, 2024, COLB stock has a price to earnings ratio of 10.34.
The 3-year average PE ratio for COLB stock is 10.96.
The 5-year average PE ratio for COLB stock is 12.25.
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 34% 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 (Jul 25, 2024), Columbia Banking System's stock price is $24.19. 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 10.34. PE RATIO(10.34) = STOCK PRICE($24.19) / TTM EPS($2.34)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.