The PE ratio for Dime Community Bancshares stock stands at 23.33 as of Nov 21, 2024. The calculation is based on the latest EPS of $1.5 and the stock price of $35 per share. An increase of 70% has been observed in the PE ratio compared to its average of 13.7 of the past four quarters.
Over the last ten years, the average PE ratio of Dime Community Bancshares has been 17.51. The current 23.33 price-to-earnings ratio is 33% more than the historical average. Analyzing the last ten years, DCOM's PE ratio reached its highest point in the Mar 2021 quarter at 41.86, with a price of $30.14 and an EPS of $0.72. The Jun 2023 quarter saw the lowest point at 4.97, with a price of $17.63 and an EPS of $3.55.
Maximum annual increase: 78.42% in 2017
Maximum annual decrease: -61.55% in 2018
Year | PE ratio | Change |
---|---|---|
2023 | 11.76 | 37.87% |
2022 | 8.53 | -40.56% |
2021 | 14.35 | 3.24% |
2020 | 13.9 | -35.32% |
2019 | 21.49 | 66.07% |
2018 | 12.94 | -61.55% |
2017 | 33.65 | 78.42% |
2016 | 18.86 | -11.37% |
2015 | 21.28 | -6.13% |
2014 | 22.67 | 18.57% |
The current PE ratio of DCOM is above its 3, 5 and 10-year averages.
When compared to its peer stocks UBSI and FULT, DCOM's PE ratio is higher. Dime Community Bancshares's PE ratio is trading above the peer average of 14.79.
Stock name | PE ratio | Market cap |
---|---|---|
OCFC Oceanfirst Financial Corp | 11.51 | $1.18B |
FULT Fulton Financial Corp | 13.28 | $3.87B |
WSFS Wsfs Financial Corp | 13.37 | $3.46B |
TRST Trustco Bank Corp N Y | 14.77 | $699.01M |
UBSI United Bankshares Inc | 15.81 | $5.64B |
FFIC Flushing Financial Corp | 20.02 | $506.38M |
DCOM Dime Community Bancshares Inc | 23.33 | $1.37B |
EGBN Eagle Bancorp Inc | N/A | $868.29M |
FLG Flagstar Financial Inc. | N/A | $4.47B |
DCOM's price to earnings ratio is 23.33 as of Nov 21, 2024.
The 3-year average PE ratio for DCOM stock is 10.13.
The 5-year average PE ratio for DCOM stock is 14.6.
Over the last ten years, the Mar 2021 quarter recorded the highest quarterly PE ratio at 41.86.
DCOM's current price to earnings ratio is 33% above its 10-year historical average.
The P/E ratio is calculated by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Nov 21, 2024), Dime Community Bancshares's share price is $35. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $1.5. Therefore, Dime Community Bancshares's price to earnings ratio for today is 23.33. PE RATIO(23.33) = STOCK PRICE($35) / TTM EPS($1.5)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.