As at Jul 25, 2024, the SASR stock has a price-to-earnings ratio of 15.16. This is based on the current EPS of $2.04 and the stock price of $30.92 per share. An increase of 70% has been recorded in the P/E ratio compared to the average of 8.9 of the last 4 quarters.
The mean historical PE ratio of Sandy Spring Bancorp over the last ten years is 13.11. The current 15.16 PE ratio is 16% above 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.
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% |
The current PE ratio of SASR is above the 3, 5 and 10-year historical averages.
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 15.16 is above the average of its peers, which is 14.53.
| Stock name | PE ratio | Market cap |
|---|---|---|
| EGBN Eagle Bancorp Inc | 8.97 | $682.29M |
| FULT Fulton Financial Corp | 12.4 | $3.65B |
| FNB Fnb Corp | 12.54 | $5.59B |
| FUNC First United Corp | 12.87 | $183.9M |
| SASR Sandy Spring Bancorp Inc | 15.37 | $1.41B |
| SHBI Shore Bancshares Inc | 26.62 | $486.2M |
SASR stock has a price to earnings ratio of 15.16 as of Jul 25, 2024.
The average PE ratio for SASR stock over the past 3 years is 8.95.
The average PE ratio for SASR stock over the past 5 years is 10.23.
Over the last ten years, the quarterly PE ratio reached a historic high of 20 in the Dec 2016 quarter.
SASR's current price to earnings ratio is 16% above its 10-year historical average.
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 (Jul 25, 2024), Sandy Spring Bancorp's stock price is $30.92. 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 15.16. PE RATIO(15.16) = STOCK PRICE($30.92) / TTM EPS($2.04)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.