As of May 3, 2024, the Community Trust Bancorp stock's PE ratio is 10.0. This takes into account the latest EPS of $4.36 and stock price of $43.62. The PE ratio has grown by 19% from its last 4 quarters average of 8.4.
The PE ratio of Community Trust Bancorp has averaged 12.1 over the last ten years. The current P/E ratio of 10.0 is 17% lower than the historical average. Looking back at the last ten years, CTBI's PE ratio peaked in the Dec 2016 quarter at 18.37, when the price was $49.6 and the EPS was $2.7. The lowest point was in the Sep 2023 quarter, when it reached 7.48 with a price of $34.26 and an EPS of $4.58.
Maximum annual increase: 39.8% in 2016
Maximum annual decrease: -26.72% in 2018
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 10.06 | 0.5% |
| 2022 | 10.01 | 13.36% |
| 2021 | 8.83 | -20.16% |
| 2020 | 11.06 | -13.66% |
| 2019 | 12.81 | 8.38% |
| 2018 | 11.82 | -26.72% |
| 2017 | 16.13 | -12.19% |
| 2016 | 18.37 | 39.8% |
| 2015 | 13.14 | -10.25% |
| 2014 | 14.64 | -6.21% |
CTBI's current PE ratio is higher than the 3 and 5-year averages, but it is lower than its 10-year average.
CTBI's PE ratio stands lower than its peer stocks RNST and SYBT.
| Stock name | PE ratio | Market cap |
|---|---|---|
| CTBI Community Trust Bancorp Inc | 10 | $786.07M |
| RNST Renasant Corp | 11.66 | $1.69B |
| SYBT Stock Yards Bancorp Inc | 12.73 | $1.38B |
The price to earnings ratio for CTBI stock as of May 3, 2024, stands at 10.
Over the last 3 years, the average price to earnings ratio for CTBI stock is 8.83.
Over the last 5 years, the average price to earnings ratio for CTBI stock is 9.63.
The highest quarterly PE ratio in the last ten years has been 18.37 and it was in the Dec 2016 quarter.
CTBI's price to earnings ratio is currently 17% below its 10-year historical average.
The P/E ratio is obtained by dividing the latest price of a stock by its trailing twelve months EPS. As of today (May 3, 2024), Community Trust Bancorp's share price is $43.62. The company's earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $4.36. Therefore, Community Trust Bancorp's PE ratio for today is 10. PE RATIO(10) = STOCK PRICE($43.62) / TTM EPS($4.36)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.