The price-to-earnings ratio for East West Bancorp stock stands at 9.41 as of May 7, 2024. This is based on the current EPS of $8.23 and the stock price of $77.44 per share. An increase of 39% has been recorded in the P/E ratio compared to the average of 6.7 of the last 4 quarters.
Over the last ten years, the average PE ratio of East West Bancorp has been 12.41. The current 9.41 PE ratio is 24% below the historical average. In the past ten years, EWBC's PE ratio was at its highest in the Dec 2017 quarter at 17.38, with a price of $60.83 and an EPS of $3.5. The Mar 2020 quarter recorded the bottom point at 5.72, with a price of $25.74 and an EPS of $4.5.
Maximum annual increase: 20.82% in 2020
Maximum annual decrease: -48.45% in 2018
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 8.74 | 5.81% |
| 2022 | 8.26 | -35.32% |
| 2021 | 12.77 | 0.47% |
| 2020 | 12.71 | 20.82% |
| 2019 | 10.52 | 17.41% |
| 2018 | 8.96 | -48.45% |
| 2017 | 17.38 | 2.6% |
| 2016 | 16.94 | 8.8% |
| 2015 | 15.57 | -2.69% |
| 2014 | 16 | -3.9% |
The current PE ratio of EWBC is lower than the 3, 5 and 10-year averages.
EWBC's PE ratio is lower than its peer stocks PPBI and TCBK, but it is greater than CATY's and CWBC's. East West Bancorp's current PE ratio of 9.41 is below the average of its peers, which is 9.7.
| Stock name | PE ratio | Market cap |
|---|---|---|
| CATY Cathay General Bancorp | 7.55 | $2.68B |
| CWBC Community West Bancshares. | 7.98 | $204.87M |
| EWBC East West Bancorp Inc | 9.36 | $10.79B |
| TCBK Trico Bancshares | 10.63 | $1.25B |
| BMRC Bank of Marin Bancorp | 12.6 | $252.94M |
| PPBI Pacific Premier Bancorp Inc | 164.21 | $2.22B |
As of May 7, 2024, EWBC stock has a price to earnings ratio of 9.41.
The average PE ratio for EWBC stock over the past 3 years is 9.68.
The average PE ratio for EWBC stock over the past 5 years is 9.93.
Over the last ten years, the quarterly PE ratio reached a historic high of 17.38 in the Dec 2017 quarter.
EWBC's current price to earnings ratio is 24% below its 10-year historical average.
EWBC's PE ratio is low because the stock price is relatively cheap compared to the earnings generated by the company.
The PE ratio is calculated by dividing the most recent price of a stock by its trailing twelve months EPS. As of today (May 7, 2024), East West Bancorp's stock price is $77.44. The earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $8.23. Therefore, East West Bancorp's P/E ratio for today is 9.41. PE RATIO(9.41) = STOCK PRICE($77.44) / TTM EPS($8.23)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.