The P/E ratio for Red River Bancshares stock stands at 12.45 as of Nov 22, 2024. This takes into account the latest EPS of $4.77 and stock price of $59.4. An increase of 15% has been observed in the PE ratio compared to its average of 10.9 of the past four quarters.
Over the last six years, the average PE ratio of Red River Bancshares has been 11.45. The current 12.45 price-to-earnings ratio is 9% more than the historical average. Analyzing the last six years, RRBI's PE ratio reached its highest point in the Dec 2019 quarter at 15.97, with a price of $56.06 and an EPS of $3.51. The Mar 2023 quarter saw the lowest point at 8.83, with a price of $48.11 and an EPS of $5.45.
Maximum annual increase: 16.01% in 2023
Maximum annual decrease: -19.22% in 2020
Year | PE ratio | Change |
---|---|---|
2023 | 11.52 | 16.01% |
2022 | 9.93 | -15.92% |
2021 | 11.81 | -8.45% |
2020 | 12.9 | -19.22% |
2019 | 15.97 | N/A |
2018 | N/A | N/A |
2017 | N/A | N/A |
RRBI's current PE ratio is higher than the 3 and 5-year averages.
When compared to its peer stocks NRIM and NKSH, RRBI's PE ratio is lower.
Stock name | PE ratio | Market cap |
---|---|---|
RRBI Red River Bancshares Inc | 12.45 | $405.47M |
NRIM Northrim Bancorp Inc | 14.95 | $486.92M |
NKSH National Bankshares Inc | 21.95 | $203.81M |
As of Nov 22, 2024, RRBI stock has a price to earnings ratio of 12.45.
As an average over the last 3 years, RRBI stock has a PE ratio of 10.48.
As an average over the last 5 years, RRBI stock has a PE ratio of 11.28.
Over the last six years, the Dec 2019 quarter recorded the highest quarterly PE ratio at 15.97.
RRBI's price to earnings ratio is currently 9% above its 6-year historical average.
The P/E ratio is calculated by taking the latest stock price and dividing it by the earnings per share(EPS) for the last 12 months. As of today (Nov 22, 2024), Red River Bancshares's share price is $59.4. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $4.77. Therefore, Red River Bancshares's price to earnings ratio for today is 12.45. PE RATIO(12.45) = STOCK PRICE($59.4) / TTM EPS($4.77)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.