The price-to-earnings ratio for East West Bancorp stock stands at 5.83 as of Sep 28, 2023. This is based on the current EPS of $8.98 and the stock price of $52.38 per share. A decrease of 22% has been recorded in the P/E ratio compared to the average of 7.5 of the last 4 quarters.
Over the last ten years, the average PE ratio of East West Bancorp has been 12.97. The current 5.83 PE ratio is 55% 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: 48.79% in 2013
Maximum annual decrease: -48.45% in 2018
Year | PE ratio | Change |
---|---|---|
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% |
2013 | 16.65 | 48.79% |
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 CATY and PPBI. East West Bancorp's current PE ratio of 5.83 is below the average of its peers, which is 7.35.
Stock name | PE ratio | Market cap |
---|---|---|
EWBC East West Bancorp Inc | 5.9 | $7.49B |
CATY Cathay General Bancorp | 6.57 | $2.52B |
BMRC Bank of Marin Bancorp | 7.48 | $294.03M |
PPBI Pacific Premier Bancorp Inc | 7.78 | $2.09B |
TCBK Trico Bancshares | 7.99 | $1.07B |
As of Sep 28, 2023, EWBC stock has a price to earnings ratio of 5.83.
The average PE ratio for EWBC stock over the past 3 years is 10.76.
The average PE ratio for EWBC stock over the past 5 years is 10.37.
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 55% 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 (Sep 28, 2023), East West Bancorp's stock price is $52.38. The earnings per share for the trailing twelve months (TTM) ending Jun 2023 is $8.98. Therefore, East West Bancorp's P/E ratio for today is 5.83. PE RATIO(5.83) = STOCK PRICE($52.38) / TTM EPS($8.98)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.