EBTC Enterprise Bancorp PE ratio, current and historical analysis
The current PE ratio for Enterprise Bancorp stock as of Oct 17, 2024 is 11.71. This is calculated based on the TTM EPS of $2.89 and the stock price of $33.84 per share. The PE ratio marks an increase of 31% from its last 4 quarters average of 8.9.
EBTC PE ratio history
The average historical PE ratio of Enterprise Bancorp for the last ten years is 13.15. The current P/E ratio of 11.71 is 11% lower than the historical average. Looking back at the last ten years, EBTC's PE ratio peaked in the Dec 2016 quarter at 21.96, when the price was $37.56 and the EPS was $1.71. The lowest point was in the Jun 2023 quarter, when it reached 7.84 with a price of $28.94 and an EPS of $3.69.
Enterprise Bancorp PE ratio by year
Maximum annual increase: 49.9% in 2016
Maximum annual decrease: -35.77% in 2018
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 10.37 | 3.7% |
| 2022 | 10 | -21.88% |
| 2021 | 12.8 | 32.23% |
| 2020 | 9.68 | -17.12% |
| 2019 | 11.68 | -10.29% |
| 2018 | 13.02 | -35.77% |
| 2017 | 20.27 | -7.7% |
| 2016 | 21.96 | 49.9% |
| 2015 | 14.65 | -15.85% |
| 2014 | 17.41 | 12.69% |
EBTC average PE ratio chart
EBTC's current PE ratio is higher than the 3 and 5-year averages, but it is lower than its 10-year average.
EBTC PE vs peers
EBTC's PE ratio stands lower than its peer stocks WBS and INDB. Enterprise Bancorp is currently trading at a lower PE ratio (11.71) than its peers average of 12.74.
| Stock name | PE ratio | Market cap |
|---|---|---|
| EBTC Enterprise Bancorp Inc | 11.71 | $420.44M |
| WBS Webster Financial Corp | 11.77 | $9.3B |
| UNB Union Bankshares Inc | 12.03 | $120.79M |
| WASH Washington Trust Bancorp Inc | 12.57 | $574.87M |
| BRKL Brookline Bancorp Inc | 12.62 | $964.69M |
| INDB Independent Bank Corp | 13.1 | $2.77B |
| CAC Camden National Corp | 14.37 | $626.41M |
Frequently asked questions
What is Enterprise Bancorp's PE ratio?
EBTC stock has a price to earnings ratio of 11.71 as of Oct 17, 2024.
What is the 3-year average PE ratio for Enterprise Bancorp (EBTC)?
The average PE ratio for EBTC stock over the past 3 years is 9.58.
What is the 5-year average PE ratio for Enterprise Bancorp (EBTC)?
The average PE ratio for EBTC stock over the past 5 years is 9.77.
What is the highest PE ratio for EBTC?
Over the last ten years, the quarterly PE ratio reached its highest level at 21.96 in the Dec 2016 quarter.
How does the current PE ratio for EBTC compare to its historical average?
The current PE ratio of EBTC is 11% lower than the 10-year historical average.
How is EBTC's PE ratio calculated (Enterprise Bancorp PE ratio formula)?
The P/E ratio is obtained by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Oct 17, 2024), Enterprise Bancorp's share price is $33.84. The company's earnings per share for the trailing twelve months (TTM) ending Jun 2024 is $2.89. Therefore, Enterprise Bancorp's PE ratio for today is 11.71. PE RATIO(11.71) = STOCK PRICE($33.84) / TTM EPS($2.89)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.