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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 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.

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 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.


Columbia Banking System PE ratio by year

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%

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
5-year avg
10-year avg
15-year avg

COLB PE vs peers

What is COLB's PE ratio compared to its peers

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

Frequently asked questions

What is Columbia Banking System's PE ratio?

As of Sep 28, 2023, COLB stock has a price to earnings ratio of 8.69.

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

The 3-year average PE ratio for COLB stock is 11.92.

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

The 5-year average PE ratio for COLB stock is 13.03.

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 47% 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 8.69 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 (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.