The PE ratio for International Bancshares stock stands at 8.47 as of Apr 26, 2024. The calculation is based on the latest EPS of $6.63 and the stock price of $56.15 per share. An increase of 15% has been observed in the PE ratio compared to its average of 7.4 of the past four quarters.
Over the last ten years, the average PE ratio of International Bancshares has been 12.33. The current 8.47 price-to-earnings ratio is 31% less than the historical average. Analyzing the last ten years, IBOC's PE ratio reached its highest point in the Dec 2016 quarter at 20.1, with a price of $40.8 and an EPS of $2.03. The Sep 2023 quarter saw the lowest point at 6.56, with a price of $43.34 and an EPS of $6.61.
Maximum annual increase: 61.06% in 2016
Maximum annual decrease: -36.93% in 2018
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 8.19 | -14.24% |
| 2022 | 9.55 | -9.65% |
| 2021 | 10.57 | -25.77% |
| 2020 | 14.24 | 3.49% |
| 2019 | 13.76 | 30.8% |
| 2018 | 10.52 | -36.93% |
| 2017 | 16.68 | -17.01% |
| 2016 | 20.1 | 61.06% |
| 2015 | 12.48 | 7.68% |
| 2014 | 11.59 | -17.33% |
IBOC's current PE ratio is under its 3, 5 and 10-year averages.
IBOC's PE ratio is below its peer stocks CFR and PB. International Bancshares's current PE ratio of 8.47 is less than the average of its peers, which is 14.71.
| Stock name | PE ratio | Market cap |
|---|---|---|
| IBOC International Bancshares Corp | 8.47 | $3.49B |
| SBSI Southside Bancshares Inc | 10.14 | $825.86M |
| BOKF Bok Financial Corp | 11.33 | $5.91B |
| CFR Cullen/Frost Bankers Inc | 12.66 | $6.88B |
| PB Prosperity Bancshares Inc | 14.09 | $5.94B |
| IBTX Independent Bank Group Inc | 15.55 | $1.63B |
| TCBI Texas Capital Bancshares Inc | 17.36 | $2.7B |
| FFIN First Financial Bankshares Inc | 21.84 | $4.33B |
The price to earnings ratio for IBOC stock is 8.47 as of Apr 26, 2024.
As an average over the last 3 years, IBOC stock has a PE ratio of 9.49.
As an average over the last 5 years, IBOC stock has a PE ratio of 10.67.
The highest quarterly PE ratio in the last ten years has been 20.1 and it was in the Dec 2016 quarter.
IBOC's current price to earnings ratio is 31% below its 10-year historical average.
IBOC's PE ratio is low because its earnings per share (EPS) is high relative to its stock price.
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Apr 26, 2024), International Bancshares's share price is $56.15. The company's earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $6.63. Therefore, International Bancshares's price to earnings ratio for today is 8.47. PE RATIO(8.47) = STOCK PRICE($56.15) / TTM EPS($6.63)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.