The current PE ratio for Cvb Financial stock as of Nov 21, 2024 is 16.22. This is calculated based on the current EPS of $1.43 and the stock price of $23.19 per share. The P/E ratio has grown by 34% from the past four quarters average of 12.1.
The average historical PE ratio of Cvb Financial for the last ten years is 16.36. The current PE ratio of 16.22 is comparable to the historical average. Over the past ten years, CVBF's PE ratio was at its highest in the Dec 2017 quarter at 24.8, when the stock price was $23.56 and the EPS was $0.95. The lowest value was in the Jun 2023 quarter, when it reached 7.59 with a price of $13.28 and an EPS of $1.75.
Maximum annual increase: 34.08% in 2016
Maximum annual decrease: -34.76% in 2018
Year | PE ratio | Change |
---|---|---|
2023 | 12.7 | -17.64% |
2022 | 15.42 | 13.05% |
2021 | 13.64 | -9.07% |
2020 | 15 | 2.88% |
2019 | 14.58 | -9.89% |
2018 | 16.18 | -34.76% |
2017 | 24.8 | 1.68% |
2016 | 24.39 | 34.08% |
2015 | 18.19 | 11.25% |
2014 | 16.35 | -12.85% |
The current PE ratio of CVBF is above the 3 and 5-year historical averages, but it is below the 10-year average.
CVBF's PE ratio is higher than its peer stocks CATY and SRCE. Cvb Financial is presently trading at a higher PE ratio (16.22) than its peer group average of 12.96.
Stock name | PE ratio | Market cap |
---|---|---|
SRCE 1St Source Corp | 12.38 | $1.59B |
BSRR Sierra Bancorp | 12.44 | $456.56M |
CATY Cathay General Bancorp | 12.94 | $3.67B |
TCBK Trico Bancshares | 14.07 | $1.57B |
CVBF Cvb Financial Corp | 16.22 | $3.24B |
PPBI Pacific Premier Bancorp Inc | N/A | $2.69B |
The price to earnings ratio for CVBF stock as of Nov 21, 2024, stands at 16.22.
Over the last 3 years, the average price to earnings ratio for CVBF stock is 12.83.
Over the last 5 years, the average price to earnings ratio for CVBF stock is 13.3.
The highest quarterly PE ratio in the last ten years has been 24.8 and it was in the Dec 2017 quarter.
The current price to earnings ratio of CVBF is 0.9% lower than the 10-year historical average.
The PE ratio is calculated by dividing the most recent price of a stock by its trailing twelve months EPS. As of today (Nov 21, 2024), Cvb Financial's stock price is $23.19. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $1.43. Therefore, Cvb Financial's P/E ratio for today is 16.22. PE RATIO(16.22) = STOCK PRICE($23.19) / TTM EPS($1.43)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.