EBTC Enterprise Bancorp PE ratio, current and historical analysis
The current PE ratio for Enterprise Bancorp stock as of Feb 21, 2025 is 14.64. This is calculated based on the TTM EPS of $2.9 and the stock price of $42.45 per share. The PE ratio marks an increase of 50% from its last 4 quarters average of 9.7.
EBTC PE ratio history
The average historical PE ratio of Enterprise Bancorp for the last ten years is 12.99. The current P/E ratio of 14.64 is 13% higher 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 | PE change | Price | EPS |
|---|---|---|---|---|
| 2023 | 10.37 | 3.7% | $32.26 | $3.11 |
| 2022 | 10 | -21.88% | $35.3 | $3.53 |
| 2021 | 12.8 | 32.23% | $44.92 | $3.51 |
| 2020 | 9.68 | -17.12% | $25.55 | $2.64 |
| 2019 | 11.68 | -10.29% | $33.87 | $2.9 |
| 2018 | 13.02 | -35.77% | $32.16 | $2.47 |
| 2017 | 20.27 | -7.7% | $34.05 | $1.68 |
| 2016 | 21.96 | 49.9% | $37.56 | $1.71 |
| 2015 | 14.65 | -15.85% | $22.85 | $1.56 |
| 2014 | 17.41 | 12.69% | $25.25 | $1.45 |
| 2013 | 15.45 | 20.61% | $21.17 | $1.37 |
| 2012 | 12.81 | 3.89% | $16.52 | $1.29 |
| 2011 | 12.33 | 4.23% | $14.3 | $1.16 |
| 2010 | 11.83 | 3.68% | $13.6 | $1.15 |
| 2009 | 11.41 | -29.31% | $10.95 | $0.96 |
Enterprise Bancorp PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Sep 2024 | 11.02 | 27.99% | $31.96 | $2.9 |
| Jun 2024 | 8.61 | -3.48% | $24.88 | $2.89 |
| Mar 2024 | 8.92 | -13.98% | $25.97 | $2.91 |
| Dec 2023 | 10.37 | 32.1% | $32.26 | $3.11 |
| Sep 2023 | 7.85 | 0.13% | $27.38 | $3.49 |
| Jun 2023 | 7.84 | -11.01% | $28.94 | $3.69 |
| Mar 2023 | 8.81 | -11.9% | $31.46 | $3.57 |
| Dec 2022 | 10 | 14.03% | $35.3 | $3.53 |
| Sep 2022 | 8.77 | -11.77% | $29.91 | $3.41 |
| Jun 2022 | 9.94 | -13.26% | $32.19 | $3.24 |
| Mar 2022 | 11.46 | -10.47% | $40.12 | $3.5 |
| Dec 2021 | 12.8 | 22.49% | $44.92 | $3.51 |
| Sep 2021 | 10.45 | 11.41% | $35.95 | $3.44 |
| Jun 2021 | 9.38 | -8.58% | $32.75 | $3.49 |
| Mar 2021 | 10.26 | 5.99% | $32.52 | $3.17 |
EBTC average PE ratio chart
EBTC's current PE ratio is higher than the 3, 5 and 10-year averages.
EBTC PE vs peers
EBTC's PE ratio stands lower than its peer stocks INDB and UNB, but it is higher than WBS's and BRKL's. Enterprise Bancorp is currently trading at a higher PE ratio (14.64) than its peers average of 13.57.
| Stock name | PE ratio | Market cap |
|---|---|---|
| WASH Washington Trust Bancorp Inc | 11.8 | $537.54M |
| WBS Webster Financial Corp | 12.62 | $9.56B |
| CAC Camden National Corp | 13.38 | $628.13M |
| BRKL Brookline Bancorp Inc | 14.05 | $1.04B |
| EBTC Enterprise Bancorp Inc | 14.64 | $527.62M |
| INDB Independent Bank Corp | 14.76 | $2.89B |
| UNB Union Bankshares Inc | 14.82 | $130.76M |
Frequently asked questions
What is Enterprise Bancorp's PE ratio?
EBTC stock has a price to earnings ratio of 14.64 as of Feb 21, 2025.
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 9.42.
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 9.73.
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 13% higher 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 (Feb 21, 2025), Enterprise Bancorp's share price is $42.45. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $2.9. Therefore, Enterprise Bancorp's PE ratio for today is 14.64. PE RATIO(14.64) = STOCK PRICE($42.45) / TTM EPS($2.9)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.