The PE ratio for Kearny Financial stock stands at 28.64 as of Jul 26, 2024. This is calculated based on the current EPS of $0.25 and the stock price of $7.16 per share. An increase of 42% has been seen in the P/E ratio compared to the average of 20.2 of the last 4 quarters.
Over the last ten years, the average PE ratio of Kearny Financial has been 53.26. The current 28.64 PE ratio is 46% below the historical average. Over the past ten years, KRNY's PE ratio was at its highest in the Sep 2015 quarter at 229.4, with a price of $11.47 and an EPS of $0.05. The Jun 2023 quarter recorded the bottom point at 11.19, with a price of $7.05 and an EPS of $0.63.
Maximum annual increase: 86.48% in 2015
Maximum annual decrease: -62.42% in 2016
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 11.19 | -4.28% |
| 2022 | 11.69 | -24.68% |
| 2021 | 15.52 | 4.37% |
| 2020 | 14.87 | -48.53% |
| 2019 | 28.89 | -48.45% |
| 2018 | 56.04 | -16.98% |
| 2017 | 67.5 | -3.42% |
| 2016 | 69.89 | -62.42% |
| 2015 | 186 | 86.48% |
| 2014 | 99.74 | -8.15% |
Currently, KRNY's PE ratio is greater than its 3 and 5-year historical averages, but it is below the 10-year average.
KRNY's PE ratio is higher than its peer stocks PFS and OCFC.
| Stock name | PE ratio | Market cap |
|---|---|---|
| OCFC Oceanfirst Financial Corp | 10.87 | $1.09B |
| PFS Provident Financial Services Inc | 11.81 | $1.44B |
| NFBK Northfield Bancorp Inc | 17 | $565.39M |
| KRNY Kearny Financial Corp | 28.64 | $461.37M |
The price to earnings ratio for KRNY stock is 28.64 as of Jul 26, 2024.
The average PE ratio for KRNY stock over the past 3 years is 15.64.
The average PE ratio for KRNY stock over the past 5 years is 17.05.
The highest quarterly PE ratio in the last ten years has been 229.4 and it was in the Sep 2015 quarter.
The current price to earnings ratio of KRNY is 46% lower than the 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 (Jul 26, 2024), Kearny Financial's stock price is $7.16. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $0.25. Therefore, Kearny Financial's P/E ratio for today is 28.64. PE RATIO(28.64) = STOCK PRICE($7.16) / TTM EPS($0.25)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.