As of May 2, 2024, the Eagle Bancorp stock's price-to-earnings ratio is 5.98. This results from the current EPS of $3.31 and stock price of $19.79. The PE ratio has decreased by 16% from the past four quarters average of 7.1.
The PE ratio of Eagle Bancorp has averaged 13.72 over the last ten years. The current P/E ratio of 5.98 is 56% lower than the historical average. In the past ten years, EGBN's PE ratio peaked in the Dec 2016 quarter at 20.95, when the stock price was $60.95 and the EPS was $2.91. The lowest point was in the Jun 2023 quarter, when it reached 5.04 with a price of $21.16 and an EPS of $4.2.
Maximum annual increase: 12.45% in 2015
Maximum annual decrease: -44.29% in 2018
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 9.11 | -9.08% |
| 2022 | 10.02 | -5.02% |
| 2021 | 10.55 | 4.46% |
| 2020 | 10.1 | -13.16% |
| 2019 | 11.63 | 6.02% |
| 2018 | 10.97 | -44.29% |
| 2017 | 19.69 | -6.01% |
| 2016 | 20.95 | 5.44% |
| 2015 | 19.87 | 12.45% |
| 2014 | 17.67 | 4.43% |
The current PE ratio of EGBN is lower than the 3, 5 and 10-year averages.
In comparison to its peer stocks MTB and SASR, EGBN's PE ratio is lower. Eagle Bancorp's PE ratio is trading below the peer group average of 12.57.
| Stock name | PE ratio | Market cap |
|---|---|---|
| EGBN Eagle Bancorp Inc | 5.98 | $592.29M |
| ORRF Orrstown Financial Services Inc | 7.63 | $281.97M |
| SASR Sandy Spring Bancorp Inc | 7.93 | $976.1M |
| MTB M&T Bank Corp | 9.23 | $24.37B |
| SHBI Shore Bancshares Inc | 25.48 | $355.35M |
The price to earnings ratio for EGBN stock as of May 2, 2024, stands at 5.98.
The average PE ratio for EGBN stock over the past 3 years is 9.18.
The average PE ratio for EGBN stock over the past 5 years is 9.47.
The highest quarterly PE ratio in the last ten years has been 20.95 and it was in the Dec 2016 quarter.
EGBN's price to earnings ratio is currently 56% below its 10-year historical average.
EGBN's PE ratio is low because its earnings per share (EPS) is high relative to its stock price.
The P/E ratio is calculated by taking the latest stock price and dividing it by the EPS for the last 12 months. As of today (May 2, 2024), Eagle Bancorp's stock price is $19.79. The earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $3.31. Therefore, Eagle Bancorp's PE ratio for today is 5.98. PE RATIO(5.98) = STOCK PRICE($19.79) / TTM EPS($3.31)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.