HBNC Horizon Bancorp PE ratio, current and historical analysis
The current PE ratio for Horizon Bancorp stock as of Nov 21, 2024 is 38.08. This is calculated based on the current EPS of $0.48 and the stock price of $18.28 per share. The P/E ratio has an increase of 42% from the past four quarters average of 26.8.
HBNC PE ratio history
The average historical PE ratio of Horizon Bancorp for the last ten years is 13.71. The current PE ratio of 38.08 is 178% above the historical average. Over the past ten years, HBNC's PE ratio was at its highest in the Sep 2024 quarter at 32.4, when the stock price was $15.55 and the EPS was $0.48. 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 14.69.
| Stock name | PE ratio | Market cap |
|---|---|---|
| SRCE 1St Source Corp | 12.38 | $1.59B |
| ONB Old National Bancorp | 12.75 | $6.75B |
| THFF First Financial Corp | 13.26 | $577.66M |
| FRME First Merchants Corp | 14.37 | $2.55B |
| GABC German American Bancorp Inc | 16.33 | $1.34B |
| LKFN Lakeland Financial Corp | 19.07 | $1.88B |
| HBNC Horizon Bancorp Inc | 38.08 | $799.11M |
Frequently asked questions
What is Horizon Bancorp's PE ratio?
The price to earnings ratio for HBNC stock as of Nov 21, 2024, stands at 38.08.
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 13.98.
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 12.0.
What is the highest PE ratio for HBNC?
The current P/E of 38.08 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 178% 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 (Nov 21, 2024), Horizon Bancorp's stock price is $18.28. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $0.48. Therefore, Horizon Bancorp's P/E ratio for today is 38.08. PE RATIO(38.08) = STOCK PRICE($18.28) / TTM EPS($0.48)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.