The PE ratio for MetroCity Bankshares stock stands at 14.54 as of Nov 21, 2024. The calculation is based on the latest EPS of $2.36 and the stock price of $34.32 per share. An increase of 18% has been observed in the PE ratio compared to its average of 12.4 of the last four quarters.
Over the last five years, the average PE ratio of MetroCity Bankshares has been 9.6. The current 14.54 P/E ratio is 51% higher than the historical average. Looking back at the last five years, MCBS's PE ratio peaked in the Sep 2024 quarter at 12.97, with a price of $30.62 and an EPS of $2.36. The Mar 2020 quarter marked the lowest point at 6.35, with a price of $11.74 and an EPS of $1.85.
Maximum annual increase: 33.33% in 2023
Maximum annual decrease: -23.03% in 2022
Year | PE ratio | Change |
---|---|---|
2023 | 11.72 | 33.33% |
2022 | 8.79 | -23.03% |
2021 | 11.42 | 12.51% |
2020 | 10.15 | 5.51% |
2019 | 9.62 | N/A |
2018 | N/A | N/A |
2017 | N/A | N/A |
Currently, MCBS's PE ratio is higher than its 3 and 5-year averages.
In comparison to its peers CFR and PB, MCBS's PE ratio is lower, but it is higher than WAL's and CUBI's. MetroCity Bankshares's PE ratio is trading below the peer average of 17.63.
Stock name | PE ratio | Market cap |
---|---|---|
CUBI Customers Bancorp Inc | 8.64 | $1.73B |
WAL Western Alliance Bancorporation | 14.04 | $10.05B |
MCBS MetroCity Bankshares Inc | 14.54 | $869.39M |
FIBK First Interstate Bancsystem Inc | 14.84 | $3.54B |
HOMB Home Bancshares Inc | 15.85 | $6.11B |
CFR Cullen/Frost Bankers Inc | 17.31 | $8.95B |
PB Prosperity Bancshares Inc | 17.52 | $7.84B |
GBCI Glacier Bancorp Inc | 35.24 | $6.47B |
TCBI Texas Capital Bancshares Inc | 472.67 | $3.93B |
As of Nov 21, 2024, MCBS stock has a price to earnings ratio of 14.54.
The average PE ratio for MCBS stock over the past 3 years is 9.87.
The average PE ratio for MCBS stock over the past 5 years is 9.6.
Within the last five years, the current PE ratio is at its peak with a value of 14.54.
MCBS's current price to earnings ratio is 51% above its 5-year historical average.
You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (Nov 21, 2024), MetroCity Bankshares's share price is $34.32. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $2.36. Therefore, MetroCity Bankshares's PE ratio for today is 14.54. PE RATIO(14.54) = STOCK PRICE($34.32) / TTM EPS($2.36)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.