OCFC Oceanfirst Financial PE ratio, current and historical analysis
As at Apr 21, 2025, the OCFC stock has a price-to-earnings ratio of 9.53. This is based on the current EPS of $1.65 and the stock price of $15.73 per share. A decrease of 6% has been recorded in the PE ratio compared to the average of 10.2 of the last four quarters.
OCFC PE ratio history
The mean historical PE ratio of Oceanfirst Financial over the last ten years is 14.92. The current 9.53 P/E ratio is 36% 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.
Oceanfirst Financial PE ratio by year
Maximum annual increase: 82.89% in 2016
Maximum annual decrease: -33.77% in 2017
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2024 | 10.97 | 7.44% | $18.1 | $1.65 |
| 2023 | 10.21 | 16.82% | $17.36 | $1.7 |
| 2022 | 8.74 | -29.52% | $21.25 | $2.43 |
| 2021 | 12.4 | -32.09% | $22.2 | $1.79 |
| 2020 | 18.26 | 26.54% | $18.63 | $1.02 |
| 2019 | 14.43 | -1.3% | $25.54 | $1.77 |
| 2018 | 14.62 | -26.5% | $22.51 | $1.54 |
| 2017 | 19.89 | -33.77% | $26.25 | $1.32 |
| 2016 | 30.03 | 82.89% | $30.03 | $1 |
| 2015 | 16.42 | 14.03% | $20.03 | $1.22 |
| 2014 | 14.4 | -19.28% | $17.14 | $1.19 |
| 2013 | 17.84 | 46.59% | $17.13 | $0.96 |
| 2012 | 12.17 | 6.2% | $13.75 | $1.13 |
| 2011 | 11.46 | -0.26% | $13.07 | $1.14 |
| 2010 | 11.49 | -0.26% | $12.87 | $1.12 |
Oceanfirst Financial PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Dec 2024 | 10.97 | 3.3% | $18.1 | $1.65 |
| Sep 2024 | 10.62 | 10.97% | $18.59 | $1.75 |
| Jun 2024 | 9.57 | -0.31% | $15.89 | $1.66 |
| Mar 2024 | 9.6 | -5.97% | $16.41 | $1.71 |
| Dec 2023 | 10.21 | 50.37% | $17.36 | $1.7 |
| Sep 2023 | 6.79 | 6.09% | $14.47 | $2.13 |
| Jun 2023 | 6.4 | -14.44% | $15.62 | $2.44 |
| Mar 2023 | 7.48 | -14.42% | $18.48 | $2.47 |
| Dec 2022 | 8.74 | -10.45% | $21.25 | $2.43 |
| Sep 2022 | 9.76 | -14.83% | $18.64 | $1.91 |
| Jun 2022 | 11.46 | -4.18% | $19.13 | $1.67 |
| Mar 2022 | 11.96 | -3.55% | $20.1 | $1.68 |
| Dec 2021 | 12.4 | 12.93% | $22.2 | $1.79 |
| Sep 2021 | 10.98 | -23.59% | $21.41 | $1.95 |
| Jun 2021 | 14.37 | -23.77% | $20.84 | $1.45 |
OCFC average PE ratio chart
OCFC's current P/E ratio is above the 3-year average, but it is lower than the 5 and 10-year averages.
OCFC PE vs 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 | 9.82 | $948.92M |
| NFBK Northfield Bancorp Inc | 13.82 | $429.01M |
| PFS Provident Financial Services Inc | 15.25 | $2.09B |
| KRNY Kearny Financial Corp | N/A | $393.94M |
| THRD Third Harmonic Bio Inc | N/A | $232.51M |
Frequently asked questions
What is Oceanfirst Financial's PE ratio?
OCFC's price to earnings ratio is 9.53 as of Apr 21, 2025.
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 9.24.
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 11.26.
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 36% below its 10-year historical average.
Why is Oceanfirst Financial's PE ratio so low?
A company with a lower PE ratio may indicate that the market has lower growth expectations for the company's future earnings.
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 (Apr 21, 2025), Oceanfirst Financial's stock price is $15.73. The earnings per share for the trailing twelve months (TTM) ending Dec 2024 is $1.65. Therefore, Oceanfirst Financial's PE ratio for today is 9.53. PE RATIO(9.53) = STOCK PRICE($15.73) / TTM EPS($1.65)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.