As of Apr 26, 2024, the NWBI stock has a P/E ratio of 10.21. The calculation is based on the latest EPS of $1.06 and the stock price of $10.82 per share. A decrease of 2.2% has been observed in the PE ratio compared to its average of 10.4 of the past four quarters.
The mean historical PE ratio of Northwest Bancshares over the last ten years is 17.72. The current 10.21 price-to-earnings ratio is 42% less than the historical average. Analyzing the last ten years, NWBI's PE ratio reached its highest point in the Sep 2016 quarter at 38.32, with a price of $15.71 and an EPS of $0.41. The Sep 2023 quarter saw the lowest point at 9.22, with a price of $10.23 and an EPS of $1.11.
Maximum annual increase: 72.37% in 2016
Maximum annual decrease: -50.64% in 2017
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 11.77 | -11.57% |
| 2022 | 13.31 | 14.64% |
| 2021 | 11.61 | -43.5% |
| 2020 | 20.55 | 29.73% |
| 2019 | 15.84 | -3.71% |
| 2018 | 16.45 | -7.58% |
| 2017 | 17.8 | -50.64% |
| 2016 | 36.06 | 72.37% |
| 2015 | 20.92 | 13.51% |
| 2014 | 18.43 | -8.99% |
The current PE ratio of NWBI is under its 3, 5 and 10-year averages.
| Stock name | PE ratio | Market cap |
|---|---|---|
| NWBI Northwest Bancshares Inc | 10.21 | $1.38B |
| NYCB New York Community Bancorp Inc | N/A | $2.37B |
| THRD Third Harmonic Bio Inc | N/A | $440.94M |
NWBI's price to earnings ratio is 10.21 as of Apr 26, 2024.
As an average over the last 3 years, NWBI stock has a PE ratio of 11.46.
As an average over the last 5 years, NWBI stock has a PE ratio of 13.62.
Over the last ten years, the Sep 2016 quarter recorded the highest quarterly PE ratio at 38.32.
NWBI's current price to earnings ratio is 42% below its 10-year historical average.
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Apr 26, 2024), Northwest Bancshares's share price is $10.82. The company's earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $1.06. Therefore, Northwest Bancshares's price to earnings ratio for today is 10.21. PE RATIO(10.21) = STOCK PRICE($10.82) / TTM EPS($1.06)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.