The current PE ratio for Southside Bancshares stock as of May 2, 2024 is 10.25. This is calculated based on the current EPS of $2.69 and the stock price of $27.57 per share. The PE ratio has grown by 5% from the past four quarters average of 9.8.
The average historical PE ratio of Southside Bancshares for the last ten years is 15.68. The current P/E ratio of 10.25 is 35% lower than the historical average. In the past ten years, SBSI's PE ratio peaked in the Jun 2015 quarter at 31.95, when the stock price was $27.16 and the EPS was $0.85. The lowest point was in the Jun 2023 quarter, when it reached 7.81 with a price of $26.16 and an EPS of $3.35.
Maximum annual increase: 121.97% in 2014
Maximum annual decrease: -47.44% in 2015
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 11.11 | 0.91% |
| 2022 | 11.01 | -8.4% |
| 2021 | 12.02 | -4.3% |
| 2020 | 12.56 | -25.28% |
| 2019 | 16.81 | 12.22% |
| 2018 | 14.98 | -19.07% |
| 2017 | 18.51 | -8.32% |
| 2016 | 20.19 | 45.67% |
| 2015 | 13.86 | -47.44% |
| 2014 | 26.37 | 121.97% |
Currently, SBSI's PE ratio is lower than the 3, 5 and 10-year averages.
In comparison to its peers CFR and BOKF, SBSI's PE ratio is lower, but it is higher than IBOC's. Southside Bancshares's PE ratio is trading below the peer group average of 14.74.
| Stock name | PE ratio | Market cap |
|---|---|---|
| IBOC International Bancshares Corp | 8.9 | $3.63B |
| SBSI Southside Bancshares Inc | 10.25 | $834.95M |
| CFR Cullen/Frost Bankers Inc | 12.58 | $6.84B |
| BOKF Bok Financial Corp | 13.35 | $5.93B |
| PB Prosperity Bancshares Inc | 13.86 | $5.85B |
| APOG Apogee Enterprises Inc | 13.98 | $1.41B |
| IBTX Independent Bank Group Inc | 15.35 | $1.61B |
| TCBI Texas Capital Bancshares Inc | 17.98 | $2.79B |
| FFIN First Financial Bankshares Inc | 22.01 | $4.37B |
The price to earnings ratio for SBSI stock as of May 2, 2024, stands at 10.25.
As an average over the last 3 years, SBSI stock has a PE ratio of 10.75.
As an average over the last 5 years, SBSI stock has a PE ratio of 12.18.
In the last ten years, the Jun 2015 quarter recorded the highest quarterly PE ratio at 31.95.
The current price to earnings ratio of SBSI is 35% lower than the 10-year historical average.
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (May 2, 2024), Southside Bancshares's stock price is $27.57. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $2.69. Therefore, Southside Bancshares's PE ratio for today is 10.25. PE RATIO(10.25) = STOCK PRICE($27.57) / TTM EPS($2.69)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.