The current price-to-earnings ratio for Premier Financial stock as of May 17, 2024 is 6.87. This is calculated based on the current EPS of $3.1 and the stock price of $21.3 per share. The P/E ratio has increased by 13% from the past four quarters average of 6.1.
The average historical PE ratio of Premier Financial for the last ten years is 11.82. The current PE ratio of 6.87 is 42% below the historical average. In the past ten years, PFC's PE ratio was at its highest in the Jun 2017 quarter at 17.68, when the stock price was $26.34 and the EPS was $1.49. The lowest value was in the Jun 2023 quarter, when it reached 4.77 with a price of $16.02 and an EPS of $3.36.
Maximum annual increase: 20.12% in 2016
Maximum annual decrease: -32.67% in 2018
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 7.75 | -17.82% |
| 2022 | 9.43 | 3.4% |
| 2021 | 9.12 | -30.59% |
| 2020 | 13.14 | 3.87% |
| 2019 | 12.65 | 17.13% |
| 2018 | 10.8 | -32.67% |
| 2017 | 16.04 | 1.78% |
| 2016 | 15.76 | 20.12% |
| 2015 | 13.12 | -1.35% |
| 2014 | 13.3 | 16.77% |
PFC's current P/E ratio is lower than the 3, 5 and 10-year averages.
Compared to its peer NFBK, PFC's PE ratio stands lower, however it is higher than NECB's.
| Stock name | PE ratio | Market cap |
|---|---|---|
| NECB NorthEast Community Bancorp Inc | 5.26 | $245.15M |
| PFC Premier Financial Corp | 6.87 | $762.82M |
| NFBK Northfield Bancorp Inc | 13 | $432.36M |
PFC stock has a price to earnings ratio of 6.87 as of May 17, 2024.
Over the last 3 years, the average price to earnings ratio for PFC stock is 8.0.
Over the last 5 years, the average price to earnings ratio for PFC stock is 9.6.
In the last ten years, the Jun 2017 quarter recorded the highest quarterly PE ratio at 17.68.
The current price to earnings ratio of PFC is 42% lower than the 10-year historical average.
PFC's stock price is trading at a lower multiple of earnings, which is why its PE ratio of 6.87 is considered low.
The PE ratio is calculated by dividing the most recent price of a stock by its trailing twelve months EPS. As of today (May 17, 2024), Premier Financial's stock price is $21.3. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $3.1. Therefore, Premier Financial's P/E ratio for today is 6.87. PE RATIO(6.87) = STOCK PRICE($21.3) / TTM EPS($3.1)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.