NKSH
National Bankshares
PE ratio, current and historical analysis
- Stocks
- Financial Services
- NASDAQ: NKSH
- PE Ratio
The PE ratio for National Bankshares stock stands at 13.24 as of Jul 2, 2026. This is calculated based on the current EPS of $2.76 and the stock price of $36.55 per share. A decrease of 6% has been seen in the P/E ratio compared to the average of 14.1 of the last 4 quarters.
NKSH PE ratio history
Over the last ten years, the average PE ratio of National Bankshares has been 15.01. The current 13.24 PE ratio is 12% below the historical average. Over the past ten years, NKSH's PE ratio was at its highest in the Dec 2024 quarter at 23.15, with a price of $28.71 and an EPS of $1.24. The Sep 2023 quarter recorded the bottom point at 7.13, with a price of $25.04 and an EPS of $3.51.
National Bankshares PE ratio by year
Maximum annual increase: 90.38% in 2024
Maximum annual decrease: -41.81% in 2025
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2025 | 13.47 | -41.81% | $33.53 | $2.49 |
| 2024 | 23.15 | 90.38% | $28.71 | $1.24 |
| 2023 | 12.16 | 30.61% | $32.35 | $2.66 |
| 2022 | 9.31 | -14.82% | $40.3 | $4.33 |
| 2021 | 10.93 | -13.46% | $35.84 | $3.28 |
| 2020 | 12.63 | -25.49% | $31.31 | $2.48 |
| 2019 | 16.95 | 7.96% | $44.93 | $2.65 |
| 2018 | 15.7 | -29.88% | $36.43 | $2.32 |
| 2017 | 22.39 | 10.79% | $45.45 | $2.03 |
| 2016 | 20.21 | 29.63% | $43.45 | $2.15 |
| 2015 | 15.59 | 24.62% | $35.54 | $2.28 |
| 2014 | 12.51 | -13.19% | $30.39 | $2.43 |
| 2013 | 14.41 | 13.91% | $36.89 | $2.56 |
| 2012 | 12.65 | 15.1% | $32.39 | $2.56 |
| 2011 | 10.99 | -21.5% | $27.92 | $2.54 |
National Bankshares PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Mar 2026 | 13.19 | -2.08% | $36.41 | $2.76 |
| Dec 2025 | 13.47 | -6.2% | $33.53 | $2.49 |
| Sep 2025 | 14.36 | -5.53% | $29.44 | $2.05 |
| Jun 2025 | 15.2 | -21.24% | $27.2 | $1.79 |
| Mar 2025 | 19.3 | -16.63% | $26.63 | $1.38 |
| Dec 2024 | 23.15 | 13.04% | $28.71 | $1.24 |
| Sep 2024 | 20.48 | 12.22% | $29.9 | $1.46 |
| Jun 2024 | 18.25 | 23.48% | $28.28 | $1.55 |
| Mar 2024 | 14.78 | 21.55% | $33.41 | $2.26 |
| Dec 2023 | 12.16 | 70.55% | $32.35 | $2.66 |
| Sep 2023 | 7.13 | -1.79% | $25.04 | $3.51 |
| Jun 2023 | 7.26 | -0.95% | $29.19 | $4.02 |
| Mar 2023 | 7.33 | -21.27% | $31.46 | $4.29 |
| Dec 2022 | 9.31 | 0.11% | $40.3 | $4.33 |
| Sep 2022 | 9.3 | 4.49% | $33.76 | $3.63 |
NKSH Price vs fair value
NKSH average PE ratio chart
What this chart measures
The Historical Valuation Regime chart shows where the stock's current valuation sits relative to its own historical valuation range over the selected lookback period.
This is a history-relative tool, not a market-relative percentile. It does not compare the stock to other companies. Instead, it compares each historical valuation reading to the stock's own past readings.
Percentile logic
The threshold lines are calculated them from the stock's real historical values using percentile interpolation. That is why some colored bands are narrow while others are wide: the band widths reflect how the stock actually traded through time.
Regime map
| Historical percentile | Regime | Chart meaning |
|---|---|---|
| 0-10 | Historically Low | Deep cheap zone |
| >10-25 | Below Average | Cheap relative to history |
| >25-75 | Average | Within the normal historical range |
| >75-90 | Above Average | Expensive relative to history |
| >90-100 | Historically High | Extreme or stretched valuation |
How to read each part
| Chart element | What it tells you |
|---|---|
| Main line | The actual historical valuation values over time for the selected metric. |
| Dashed horizontal lines | The stock's computed P10, P25, Median, P75, and P90 thresholds for the selected period. |
| Colored bands | The historical valuation zones between those thresholds. |
| Metric boxes | Current ratio, historical median, current percentile, and current regime. |
| Timeline strip | A condensed regime history showing how the stock moved between cheap, fair, and expensive states across each observation. |
Important metric definitions
Current Percentile is the percentile rank of the latest valid historical observation within the selected lookback range.
Current Regime is assigned directly from the latest observation's percentile bucket using the fixed 10 / 25 / 75 / 90 cutoffs shown above.
How to use it well
This chart is most useful for answering a narrow question: Is this stock trading high, low, or normal relative to its own history? It works best alongside growth, profitability, and forward-looking business analysis, because a stock can deserve a higher or lower regime if its business quality has changed.
NKSH's current P/E ratio is above the 5-year historical average, but it is below the 3 and 10-year averages.
PE comparison
National Bankshares's P/E of 13.24 is below the Financial Services sector and the industry average. But compared to its Financial Services sector average of 13.27, National Bankshares's P/E is only 0.2% lower.
NKSH PE vs peers
Compared to its peer CBSH, NKSH's PE ratio stands lower, however it is higher than FNLC's.
| Stock name | PE ratio | Market cap |
|---|---|---|
| FNLC First Bancorp Inc | 10.72 | $395.1M |
| NKSH National Bankshares Inc | 13.24 | $232.77M |
| CBSH Commerce Bancshares Inc | 14.26 | $8.46B |
Frequently asked questions
What is National Bankshares's PE ratio?
As of Jul 2, 2026, NKSH stock has a price to earnings ratio of 13.24.
What is the 3-year average PE ratio for National Bankshares (NKSH)?
The average PE ratio for NKSH stock over the past 3 years is 15.59.
What is the 5-year average PE ratio for National Bankshares (NKSH)?
The average PE ratio for NKSH stock over the past 5 years is 13.0.
What is the highest PE ratio for NKSH?
Over the last ten years, the quarterly PE ratio reached a historic high of 23.15 in the Dec 2024 quarter.
How does the current PE ratio for NKSH compare to its historical average?
The current price to earnings ratio of NKSH is 12% lower than the 10-year historical average.
How is NKSH's PE ratio calculated (National Bankshares PE ratio formula)?
To determine the PE ratio, divide the most recent stock price by the TTM earnings per share (EPS). As of today (Jul 2, 2026), National Bankshares's stock price is $36.55. The earnings per share for the trailing twelve months (TTM) ending Mar 2026 is $2.76. Therefore, National Bankshares's P/E ratio for today is 13.24. PE RATIO(13.24) = STOCK PRICE($36.55) / TTM EPS($2.76)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.