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SBSI Southside Bancshares PE ratio, current and historical analysis

The current PE ratio for Southside Bancshares stock as of Jun 14, 2024 is 9.49. This is calculated based on the current EPS of $2.69 and the stock price of $25.53 per share. The PE ratio has decreased by 2.7% from the past four quarters average of 9.8.

SBSI PE ratio history

How has SBSI's PE ratio performed in the past

The average historical PE ratio of Southside Bancshares for the last ten years is 15.68. The current P/E ratio of 9.49 is 39% 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.

Average
15.68
Median
14.9
Minimum
7.81
Maximum
31.95

Southside Bancshares PE ratio by year

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%

SBSI average PE ratio chart

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

Currently, SBSI's PE ratio is lower than the 3, 5 and 10-year averages.

3-year avg
10.75
5-year avg
12.18
10-year avg
15.68
15-year avg
13.62

SBSI PE vs peers

What is SBSI's PE ratio compared to its peers

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 14.08.

Stock name PE ratio Market cap
IBOC International Bancshares Corp 8.22 $3.35B
SBSI Southside Bancshares Inc 9.49 $773.17M
CFR Cullen/Frost Bankers Inc 11.23 $6.11B
BOKF Bok Financial Corp 12.69 $5.63B
PB Prosperity Bancshares Inc 13.28 $5.52B
APOG Apogee Enterprises Inc 13.58 $1.37B
IBTX Independent Bank Group Inc 16.63 $1.74B
TCBI Texas Capital Bancshares Inc 17.13 $2.66B
FFIN First Financial Bankshares Inc 19.87 $3.97B

Frequently asked questions

What is Southside Bancshares's PE ratio?

The price to earnings ratio for SBSI stock as of Jun 14, 2024, stands at 9.49.

What is the 3-year average PE ratio for Southside Bancshares (SBSI)?

As an average over the last 3 years, SBSI stock has a PE ratio of 10.75.

What is the 5-year average PE ratio for Southside Bancshares (SBSI)?

As an average over the last 5 years, SBSI stock has a PE ratio of 12.18.

What is the highest PE ratio for SBSI?

In the last ten years, the Jun 2015 quarter recorded the highest quarterly PE ratio at 31.95.

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

The current price to earnings ratio of SBSI is 39% lower than the 10-year historical average.

Why is Southside Bancshares's PE ratio so low?

SBSI's PE ratio is low because its earnings per share (EPS) is high relative to its stock price.

How is SBSI's PE ratio calculated (Southside Bancshares PE ratio formula)?

To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Jun 14, 2024), Southside Bancshares's stock price is $25.53. 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 9.49. PE RATIO(9.49) = STOCK PRICE($25.53) / TTM EPS($2.69)

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