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OCFC Oceanfirst Financial PE ratio, current and historical analysis

As at Dec 24, 2024, the OCFC stock has a price-to-earnings ratio of 10.27. This is based on the current EPS of $1.75 and the stock price of $17.98 per share. An increase of 2.7% has been recorded in the PE ratio compared to the average of 10.0 of the last four quarters.

OCFC PE ratio history

How has OCFC's PE ratio performed in the past

The mean historical PE ratio of Oceanfirst Financial over the last ten years is 14.98. The current 10.27 P/E ratio is 31% lower than the historical average. In the past ten years, OCFC's PE ratio peaked in the Dec 2016 quarter at 30.03, with a price of $30.03 and an EPS of $1. The Jun 2023 quarter marked the lowest point at 6.4, with a price of $15.62 and an EPS of $2.44.

Average
14.98
Median
14.25
Minimum
6.4
Maximum
30.03

Oceanfirst Financial PE ratio by year

Maximum annual increase: 82.89% in 2016

Maximum annual decrease: -33.77% in 2017

Year PE ratio Change
2023 10.21 16.82%
2022 8.74 -29.52%
2021 12.4 -32.09%
2020 18.26 26.54%
2019 14.43 -1.3%
2018 14.62 -26.5%
2017 19.89 -33.77%
2016 30.03 82.89%
2015 16.42 14.03%
2014 14.4 -19.28%

OCFC average PE ratio chart

What is the average PE ratio of OCFC for the past years

OCFC's current P/E ratio is above the 3-year average, but it is lower than the 5 and 10-year averages.

3-year avg
9.58
5-year avg
11.36
10-year avg
14.98
15-year avg
14.45

OCFC PE vs peers

What is OCFC's PE ratio compared to its peers

In comparison to its peer stocks PFS and NFBK, OCFC's PE ratio is lower.

Stock name PE ratio Market cap
OCFC Oceanfirst Financial Corp 10.27 $1.05B
PFS Provident Financial Services Inc 18.23 $2.5B
NFBK Northfield Bancorp Inc 18.52 $508.41M
KRNY Kearny Financial Corp N/A $470.14M
THRD Third Harmonic Bio Inc N/A $465M

Frequently asked questions

What is Oceanfirst Financial's PE ratio?

OCFC's price to earnings ratio is 10.27 as of Dec 24, 2024.

What is the 3-year average PE ratio for Oceanfirst Financial (OCFC)?

The average PE ratio for OCFC stock over the past 3 years is 9.58.

What is the 5-year average PE ratio for Oceanfirst Financial (OCFC)?

The average PE ratio for OCFC stock over the past 5 years is 11.36.

What is the highest PE ratio for OCFC?

In the last ten years, the Dec 2016 quarter recorded the highest quarterly PE ratio at 30.03.

How does the current PE ratio for OCFC compare to its historical average?

OCFC's current price to earnings ratio is 31% below its 10-year historical average.

How is OCFC's PE ratio calculated (Oceanfirst Financial PE ratio formula)?

You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (Dec 24, 2024), Oceanfirst Financial's stock price is $17.98. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $1.75. Therefore, Oceanfirst Financial's PE ratio for today is 10.27. PE RATIO(10.27) = STOCK PRICE($17.98) / TTM EPS($1.75)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.