The current price-to-earnings ratio for Pacific Premier Bancorp stock as of Apr 26, 2024 is 157.0. This is calculated based on the current EPS of $0.14 and the stock price of $21.98 per share. The PE ratio has increased by 123% from the past four quarters average of 70.3.
The average historical PE ratio of Pacific Premier Bancorp for the last ten years is 24.4. The current price-to-earnings ratio of 157.0 is in line with the historical average. In the past ten years, PPBI's PE ratio reached its highest point in the Mar 2024 quarter at 171.43, when the stock price was $24 and the EPS was $0.14. The lowest point was recorded in the Jun 2023 quarter, when it reached 7.39 with a price of $20.68 and an EPS of $2.8.
Maximum annual increase: 789.2% in 2023
Maximum annual decrease: -73.38% in 2021
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 93.9 | 789.2% |
| 2022 | 10.56 | -5.04% |
| 2021 | 11.12 | -73.38% |
| 2020 | 41.77 | 235.77% |
| 2019 | 12.44 | 11.67% |
| 2018 | 11.14 | -55.72% |
| 2017 | 25.16 | 6.07% |
| 2016 | 23.72 | 35.08% |
| 2015 | 17.56 | -1.73% |
| 2014 | 17.87 | -35.28% |
The current PE ratio of PPBI is above its 3, 5 and 10-year historical averages.
PPBI's PE ratio is above its peer stocks EWBC and CATY. Pacific Premier Bancorp's current PE ratio of 157.0 is in line with the average of its peer group, which is 9.57.
| Stock name | PE ratio | Market cap |
|---|---|---|
| CATY Cathay General Bancorp | 7.16 | $2.54B |
| BSRR Sierra Bancorp | 8.64 | $302.79M |
| EWBC East West Bancorp Inc | 9.29 | $10.71B |
| CVBF Cvb Financial Corp | 10.42 | $2.31B |
| BMRC Bank of Marin Bancorp | 11.67 | $234.24M |
| PPBI Pacific Premier Bancorp Inc | 157.86 | $2.13B |
As of Apr 26, 2024, PPBI stock has a price to earnings ratio of 157.
As an average over the last 3 years, PPBI stock has a PE ratio of 30.36.
As an average over the last 5 years, PPBI stock has a PE ratio of 30.15.
Over the last ten years, the quarterly PE ratio reached a historic high of 171.43 in the Mar 2024 quarter.
The current price to earnings ratio of PPBI is 543% higher than the 10-year historical average.
PPBI's PE ratio is high because the stock price is relatively expensive compared to the earnings generated by the company.
You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months earnings per share(EPS). As of today (Apr 26, 2024), Pacific Premier Bancorp's stock price is $21.98. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $0.14. Therefore, Pacific Premier Bancorp's price to earnings ratio for today is 157. PE RATIO(157) = STOCK PRICE($21.98) / TTM EPS($0.14)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.