The PE ratio for National Bankshares stock stands at 16.54 as of Nov 5, 2025. This is calculated based on the current EPS of $1.79 and the stock price of $29.61 per share. A decrease of 15% has been seen in the P/E ratio compared to the average of 19.5 of the last 4 quarters.
Over the last ten years, the average PE ratio of National Bankshares has been 15.15. The current 16.54 PE ratio is 9% above 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.
Maximum annual increase: 90.38% in 2024
Maximum annual decrease: -29.88% in 2018
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 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 |
| 2010 | 14 | 2.41% | $31.49 | $2.25 |
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 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 |
| Jun 2022 | 8.9 | -19.82% | $31.4 | $3.53 |
| Mar 2022 | 11.1 | 1.56% | $37.2 | $3.35 |
| Dec 2021 | 10.93 | -3.95% | $35.84 | $3.28 |
NKSH's current P/E ratio is above the 3, 5 and 10-year historical averages.
National Bankshares's P/E of 16.54 is above the Financial Services sector and the industry average. Compared to its Financial Services sector average of 13.73, National Bankshares's P/E is 20% higher.
Compared to its peer stocks CBSH and FNLC, NKSH's PE ratio stands higher.
| Stock name | PE ratio | Market cap |
|---|---|---|
| FNLC First Bancorp Inc | 9.36 | $285.42M |
| CBSH Commerce Bancshares Inc | 12.95 | $7.17B |
| NKSH National Bankshares Inc | 16.54 | $188.5M |
As of Nov 5, 2025, NKSH stock has a price to earnings ratio of 16.54.
The average PE ratio for NKSH stock over the past 3 years is 14.03.
The average PE ratio for NKSH stock over the past 5 years is 12.86.
Over the last ten years, the quarterly PE ratio reached a historic high of 23.15 in the Dec 2024 quarter.
The current price to earnings ratio of NKSH is 9% higher 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 (Nov 5, 2025), National Bankshares's stock price is $29.61. The earnings per share for the trailing twelve months (TTM) ending Jun 2025 is $1.79. Therefore, National Bankshares's P/E ratio for today is 16.54. PE RATIO(16.54) = STOCK PRICE($29.61) / TTM EPS($1.79)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.