The PE ratio for German American Bancorp stock stands at 11.09 as of May 6, 2024. This is calculated based on the current EPS of $2.91 and the stock price of $32.26 per share. An increase of 13% has been seen in the P/E ratio compared to the average of 9.8 of the last 4 quarters.
Over the last ten years, the average PE ratio of German American Bancorp has been 14.65. The current 11.09 PE ratio is 24% below the historical average. Over the past ten years, GABC's PE ratio was at its highest in the Dec 2016 quarter at 22.34, with a price of $35.07 and an EPS of $1.57. The Jun 2023 quarter recorded the bottom point at 8.71, with a price of $27.18 and an EPS of $3.12.
Maximum annual increase: 51.87% in 2016
Maximum annual decrease: -30.11% in 2018
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 11.14 | -16.99% |
| 2022 | 13.42 | 9.11% |
| 2021 | 12.3 | -13.01% |
| 2020 | 14.14 | -9.07% |
| 2019 | 15.55 | 11.47% |
| 2018 | 13.95 | -30.11% |
| 2017 | 19.96 | -10.65% |
| 2016 | 22.34 | 51.87% |
| 2015 | 14.71 | 3.37% |
| 2014 | 14.23 | -0.14% |
The current PE ratio of GABC is below the 3, 5 and 10-year averages.
Compared to its peers LKFN and HBNC, GABC's PE ratio stands lower, however it is higher than ONB's and FRME's. German American Bancorp's PE ratio is trading below the peer group average of 12.3.
| Stock name | PE ratio | Market cap |
|---|---|---|
| THFF First Financial Corp | 7.5 | $450.24M |
| ONB Old National Bancorp | 9.3 | $5.52B |
| FRME First Merchants Corp | 10.08 | $2.05B |
| SRCE 1St Source Corp | 10.4 | $1.27B |
| GABC German American Bancorp Inc | 11.09 | $954.4M |
| LKFN Lakeland Financial Corp | 17.04 | $1.58B |
| HBNC Horizon Bancorp Inc | 19.45 | $549.18M |
GABC's price to earnings ratio is 11.09 as of May 6, 2024.
The average PE ratio for GABC stock over the past 3 years is 11.79.
The average PE ratio for GABC stock over the past 5 years is 12.94.
In the last ten years, the Dec 2016 quarter recorded the highest quarterly PE ratio at 22.34.
The current price to earnings ratio of GABC is 24% lower than the 10-year historical average.
The PE ratio is calculated by taking the latest stock price and dividing it by the EPS for the last 12 months. As of today (May 6, 2024), German American Bancorp's stock price is $32.26. The earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $2.91. Therefore, German American Bancorp's P/E ratio for today is 11.09. PE RATIO(11.09) = STOCK PRICE($32.26) / TTM EPS($2.91)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.