MOFG MidWestOne Financial Group PE ratio, current and historical analysis
The PE ratio for MidWestOne Financial Group stock stands at 14.91 as of Oct 24, 2024. This is calculated based on the TTM EPS of $1.96 and the stock price of $29.23 per share. An increase of 4.1% has been observed in the PE ratio compared to its average of 14.3 of the last four quarters.
MOFG PE ratio history
Over the last ten years, the average PE ratio of MidWestOne Financial Group has been 16.13. The current 14.91 P/E ratio is 8% lower than the historical average. Looking back at the last ten years, MOFG's PE ratio peaked in the Sep 2020 quarter at 85.1, with a price of $17.87 and an EPS of $0.21. The Sep 2021 quarter marked the lowest point at 6.7, with a price of $30.16 and an EPS of $4.5.
MidWestOne Financial Group PE ratio by year
Maximum annual increase: 383.1% in 2020
Maximum annual decrease: -87.63% in 2021
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 20.23 | 147.92% |
| 2022 | 8.16 | 10.42% |
| 2021 | 7.39 | -87.63% |
| 2020 | 59.76 | 383.1% |
| 2019 | 12.37 | 23.58% |
| 2018 | 10.01 | -53.72% |
| 2017 | 21.63 | 2.41% |
| 2016 | 21.12 | 68.02% |
| 2015 | 12.57 | -4.05% |
| 2014 | 13.1 | 5.48% |
MOFG average PE ratio chart
MOFG's current PE ratio is higher than the 3-year average, but it is lower than its 5 and 10-year averages.
MOFG PE vs peers
In comparison to its peers CBSH and WTBA, MOFG's PE ratio is lower, but it is higher than WFC's and UMBF's. MidWestOne Financial Group's current PE ratio of 14.91 is higher than the average of its peers, which is 13.94.
| Stock name | PE ratio | Market cap |
|---|---|---|
| GSBC Great Southern Bancorp Inc | 11.45 | $674.97M |
| QCRH Qcr Holdings Inc | 11.54 | $1.32B |
| EFSC Enterprise Financial Services Corp | 11.58 | $1.98B |
| WFC Wells Fargo & Company | 13.28 | $223.37B |
| UMBF Umb Financial Corp | 13.59 | $5.17B |
| MOFG MidWestOne Financial Group Inc | 14.48 | $447.81M |
| ATLO Ames National Corp | 15.85 | $151.07M |
| WTBA West Bancorporation Inc | 16.66 | $358.87M |
| CBSH Commerce Bancshares Inc | 17.15 | $7.96B |
| HWBK Hawthorn Bancshares Inc | 42.47 | $178.02M |
Frequently asked questions
What is MidWestOne Financial Group's PE ratio?
As of Oct 24, 2024, MOFG stock has a price to earnings ratio of 14.91.
What is the 3-year average PE ratio for MidWestOne Financial Group (MOFG)?
The average PE ratio for MOFG stock over the past 3 years is 10.21.
What is the 5-year average PE ratio for MidWestOne Financial Group (MOFG)?
The average PE ratio for MOFG stock over the past 5 years is 17.06.
What is the highest PE ratio for MOFG?
Over the last ten years, the quarterly PE ratio reached its highest level at 85.1 in the Sep 2020 quarter.
How does the current PE ratio for MOFG compare to its historical average?
The current PE ratio of MOFG is 8% lower than the 10-year historical average.
How is MOFG's PE ratio calculated (MidWestOne Financial Group PE ratio formula)?
The P/E ratio is calculated by taking the latest stock price and dividing it by the EPS for the last 12 months. As of today (Oct 24, 2024), MidWestOne Financial Group's share price is $29.23. The company's earnings per share for the trailing twelve months (TTM) ending Jun 2024 is $1.96. Therefore, MidWestOne Financial Group's PE ratio for today is 14.91. PE RATIO(14.91) = STOCK PRICE($29.23) / TTM EPS($1.96)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.