HBNC Horizon Bancorp PE ratio, current and historical analysis
The current PE ratio for Horizon Bancorp stock as of Oct 22, 2024 is 35.21. This is calculated based on the current EPS of $0.43 and the stock price of $15.14 per share. The P/E ratio has an increase of 74% from the past four quarters average of 20.3.
HBNC PE ratio history
The average historical PE ratio of Horizon Bancorp for the last ten years is 13.23. The current PE ratio of 35.21 is 166% above the historical average. Over the past ten years, HBNC's PE ratio was at its highest in the Jun 2024 quarter at 28.77, when the stock price was $12.37 and the EPS was $0.43. The lowest value was in the Mar 2023 quarter, when it reached 5.48 with a price of $11.06 and an EPS of $2.02.
Horizon Bancorp PE ratio by year
Maximum annual increase: 217.16% in 2023
Maximum annual decrease: -41.22% in 2018
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 22.36 | 217.16% |
| 2022 | 7.05 | -32.73% |
| 2021 | 10.48 | 3.05% |
| 2020 | 10.17 | -18.12% |
| 2019 | 12.42 | 9.43% |
| 2018 | 11.35 | -41.22% |
| 2017 | 19.31 | -17.23% |
| 2016 | 23.33 | 63.38% |
| 2015 | 14.28 | 8.18% |
| 2014 | 13.2 | 17.23% |
HBNC average PE ratio chart
The current PE ratio of HBNC is greater than its 3, 5 and 10-year historical averages.
HBNC PE vs peers
Compared to its peer stocks ONB and FRME, HBNC's PE ratio stands higher. Horizon Bancorp's PE ratio is trading above the peer group average of 12.56.
| Stock name | PE ratio | Market cap |
|---|---|---|
| THFF First Financial Corp | 9.86 | $503.4M |
| ONB Old National Bancorp | 11.06 | $6.03B |
| SRCE 1St Source Corp | 11.57 | $1.46B |
| FRME First Merchants Corp | 11.94 | $2.19B |
| GABC German American Bancorp Inc | 14.37 | $1.19B |
| LKFN Lakeland Financial Corp | 16.6 | $1.67B |
| HBNC Horizon Bancorp Inc | 35.14 | $660.49M |
Frequently asked questions
What is Horizon Bancorp's PE ratio?
The price to earnings ratio for HBNC stock as of Oct 22, 2024, stands at 35.21.
What is the 3-year average PE ratio for Horizon Bancorp (HBNC)?
As an average over the last 3 years, HBNC stock has a PE ratio of 12.3.
What is the 5-year average PE ratio for Horizon Bancorp (HBNC)?
As an average over the last 5 years, HBNC stock has a PE ratio of 10.92.
What is the highest PE ratio for HBNC?
The current P/E of 35.21 represents the highest historical value in the last ten years.
How does the current PE ratio for HBNC compare to its historical average?
The current price to earnings ratio of HBNC is 166% higher than the 10-year historical average.
How is HBNC's PE ratio calculated (Horizon Bancorp PE ratio formula)?
To determine the PE ratio, divide the most recent stock price by the TTM earnings per share (EPS). As of today (Oct 22, 2024), Horizon Bancorp's stock price is $15.14. The earnings per share for the trailing twelve months (TTM) ending Jun 2024 is $0.43. Therefore, Horizon Bancorp's P/E ratio for today is 35.21. PE RATIO(35.21) = STOCK PRICE($15.14) / TTM EPS($0.43)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.