As at May 1, 2024, the GBCI stock has a PE ratio of 18.36. This is based on the current EPS of $2.01 and the stock price of $36.9 per share. An increase of 19% has been seen in the P/E ratio compared to the average of 15.4 of the last 4 quarters.
The mean historical PE ratio of Glacier Bancorp over the last ten years is 18.46. The current 18.36 PE ratio is comparable to the historical average. Over the past ten years, GBCI's PE ratio was at its highest in the Dec 2017 quarter at 26.26, with a price of $39.39 and an EPS of $1.5. The Sep 2020 quarter recorded the bottom point at 12.47, with a price of $32.05 and an EPS of $2.57.
Maximum annual increase: 32.27% in 2016
Maximum annual decrease: -30.81% in 2018
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 20.56 | 13.97% |
| 2022 | 18.04 | -8.7% |
| 2021 | 19.76 | 20.71% |
| 2020 | 16.37 | -14.92% |
| 2019 | 19.24 | 5.89% |
| 2018 | 18.17 | -30.81% |
| 2017 | 26.26 | 15.23% |
| 2016 | 22.79 | 32.27% |
| 2015 | 17.23 | -6.31% |
| 2014 | 18.39 | -19.13% |
The current PE ratio of GBCI is greater than its 3 and 5-year historical averages, but it is below the 10-year average.
Compared to its peer stocks WFC and USB, GBCI's PE ratio stands higher. Glacier Bancorp's PE ratio is trading above the peer group average of 10.56.
| Stock name | PE ratio | Market cap |
|---|---|---|
| WAL Western Alliance Bancorporation | 8.97 | $6.48B |
| NBHC National Bank Holdings Corp | 9.55 | $1.26B |
| ZION Zions Bancorporation National Association | 9.62 | $6.2B |
| FIBK First Interstate Bancsystem Inc | 11.07 | $2.85B |
| WFC Wells Fargo & Company | 12.2 | $212.93B |
| USB Us Bancorp | 13.64 | $64.06B |
| GBCI Glacier Bancorp Inc | 18.36 | $4.18B |
GBCI stock has a price to earnings ratio of 18.36 as of May 1, 2024.
As an average over the last 3 years, GBCI stock has a PE ratio of 17.34.
As an average over the last 5 years, GBCI stock has a PE ratio of 16.9.
The highest quarterly PE ratio in the last ten years has been 26.26 and it was in the Dec 2017 quarter.
GBCI's current price to earnings ratio is 0.5% below its 10-year historical average.
To determine the PE ratio, divide the most recent stock price by the TTM earnings per share (EPS). As of today (May 1, 2024), Glacier Bancorp's stock price is $36.9. The earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $2.01. Therefore, Glacier Bancorp's P/E ratio for today is 18.36. PE RATIO(18.36) = STOCK PRICE($36.9) / TTM EPS($2.01)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.