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SASR Sandy Spring Bancorp PE ratio, current and historical analysis

As at Jun 18, 2024, the SASR stock has a price-to-earnings ratio of 11.14. This is based on the current EPS of $2.04 and the stock price of $22.72 per share. An increase of 25% has been recorded in the P/E ratio compared to the average of 8.9 of the last 4 quarters.

SASR PE ratio history

How has SASR's PE ratio performed in the past

The mean historical PE ratio of Sandy Spring Bancorp over the last ten years is 13.18. The current 11.14 PE ratio is 15% below the historical average. In the past ten years, SASR's PE ratio was at its highest in the Dec 2016 quarter at 20, with a price of $39.99 and an EPS of $2. The Mar 2023 quarter recorded the bottom point at 6.73, with a price of $25.98 and an EPS of $3.86.

Average
13.18
Median
14.08
Minimum
6.73
Maximum
20

Sandy Spring Bancorp PE ratio by year

Maximum annual increase: 36.52% in 2016

Maximum annual decrease: -37.37% in 2018

Year PE ratio Change
2023 9.94 4.08%
2022 9.55 -0.73%
2021 9.62 -34.56%
2020 14.7 26.07%
2019 11.66 4.95%
2018 11.11 -37.37%
2017 17.74 -11.3%
2016 20 36.52%
2015 14.65 -14.08%
2014 17.05 7.64%

SASR average PE ratio chart

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

The current PE ratio of SASR is above the 3 and 5-year historical averages, but it is lower than the 10-year average.

3-year avg
8.94
5-year avg
10.27
10-year avg
13.18
15-year avg
14.52

SASR PE vs peers

What is SASR's PE ratio compared to its peers

Compared to its peer SHBI, SASR's PE ratio stands lower, however it is higher than FNB's and FULT's. Sandy Spring Bancorp's current PE ratio of 11.14 is comparable to the average of its peer group, which is 11.14.

Stock name PE ratio Market cap
EGBN Eagle Bancorp Inc 6.73 $511.71M
FUNC First United Corp 9.17 $131.11M
FULT Fulton Financial Corp 10.04 $2.96B
FNB Fnb Corp 10.53 $4.7B
SASR Sandy Spring Bancorp Inc 11.15 $1.03B
SHBI Shore Bancshares Inc 19.4 $354.36M

Frequently asked questions

What is Sandy Spring Bancorp's PE ratio?

SASR stock has a price to earnings ratio of 11.14 as of Jun 18, 2024.

What is the 3-year average PE ratio for Sandy Spring Bancorp (SASR)?

The average PE ratio for SASR stock over the past 3 years is 8.94.

What is the 5-year average PE ratio for Sandy Spring Bancorp (SASR)?

The average PE ratio for SASR stock over the past 5 years is 10.27.

What is the highest PE ratio for SASR?

Over the last ten years, the quarterly PE ratio reached a historic high of 20 in the Dec 2016 quarter.

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

SASR's current price to earnings ratio is 15% below its 10-year historical average.

How is SASR's PE ratio calculated (Sandy Spring Bancorp PE ratio formula)?

The PE ratio is calculated by taking the latest stock price and dividing it by the EPS for the last 12 months. As of today (Jun 18, 2024), Sandy Spring Bancorp's stock price is $22.72. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $2.04. Therefore, Sandy Spring Bancorp's P/E ratio for today is 11.14. PE RATIO(11.14) = STOCK PRICE($22.72) / TTM EPS($2.04)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.