As at May 3, 2024, the LOB stock has a PE ratio of 21.15. This is based on the current EPS of $1.67 and the stock price of $35.32 per share. An increase of 13% has been seen in the P/E ratio compared to the average of 18.7 of the last 4 quarters.
The mean historical PE ratio of Live Oak Bancshares over the last nine years is 25.54. The current 21.15 PE ratio is 17% below the historical average. Over the past nine years, LOB's PE ratio was at its highest in the Jun 2020 quarter at 85.35, with a price of $14.51 and an EPS of $0.17. The Sep 2022 quarter recorded the bottom point at 6.55, with a price of $30.6 and an EPS of $4.67.
Maximum annual increase: 265.08% in 2019
Maximum annual decrease: -81.25% in 2017
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 27.25 | 262.85% |
| 2022 | 7.51 | -66.71% |
| 2021 | 22.56 | -30.61% |
| 2020 | 32.51 | -23.04% |
| 2019 | 42.24 | 265.08% |
| 2018 | 11.57 | 33.45% |
| 2017 | 8.67 | -81.25% |
| 2016 | 46.25 | 114.92% |
| 2015 | 21.52 | N/A |
| 2014 | N/A | N/A |
Currently, LOB's PE ratio is greater than its 3-year historical average, but it is below the 5-year average.
Compared to its peer stocks NRIM and NKSH, LOB's PE ratio stands higher.
| Stock name | PE ratio | Market cap |
|---|---|---|
| NRIM Northrim Bancorp Inc | 9.55 | $271.4M |
| NKSH National Bankshares Inc | 10.36 | $162.49M |
| LOB Live Oak Bancshares Inc | 21.15 | $1.58B |
LOB's price to earnings ratio is 21.15 as of May 3, 2024.
As an average over the last 3 years, LOB stock has a PE ratio of 14.9.
As an average over the last 5 years, LOB stock has a PE ratio of 26.12.
In the last nine years, the Jun 2020 quarter recorded the highest quarterly PE ratio at 85.35.
LOB's current price to earnings ratio is 17% below its 9-year historical average.
You can calculate the PE ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (May 3, 2024), Live Oak Bancshares's stock price is $35.32. The earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $1.67. Therefore, Live Oak Bancshares's P/E ratio for today is 21.15. PE RATIO(21.15) = STOCK PRICE($35.32) / TTM EPS($1.67)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.