The current PE ratio for Cvb Financial stock as of Jul 25, 2024 is 13.0. This is calculated based on the current EPS of $1.52 and the stock price of $19.76 per share. The P/E ratio has grown by 25% from the past four quarters average of 10.4.
The average historical PE ratio of Cvb Financial for the last ten years is 16.53. The current PE ratio of 13.0 is 21% below 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-year historical average, but it is below the 5 and 10-year averages.
CVBF's PE ratio is lower than its peer stocks PPBI and TCBK, but it is greater than CATY's and SRCE's. Cvb Financial is presently trading at a higher PE ratio (13.0) than its peer group average of 12.37.
| Stock name | PE ratio | Market cap |
|---|---|---|
| CATY Cathay General Bancorp | 9.94 | $3.29B |
| BSRR Sierra Bancorp | 12.23 | $433.64M |
| SRCE 1St Source Corp | 13.17 | $1.6B |
| CVBF Cvb Financial Corp | 13.18 | $2.8B |
| TCBK Trico Bancshares | 14.52 | $1.58B |
| PPBI Pacific Premier Bancorp Inc | 195.29 | $2.64B |
The price to earnings ratio for CVBF stock as of Jul 25, 2024, stands at 13.
Over the last 3 years, the average price to earnings ratio for CVBF stock is 12.97.
Over the last 5 years, the average price to earnings ratio for CVBF stock is 13.5.
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 21% 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 (Jul 25, 2024), Cvb Financial's stock price is $19.76. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $1.52. Therefore, Cvb Financial's P/E ratio for today is 13. PE RATIO(13) = STOCK PRICE($19.76) / TTM EPS($1.52)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.