The price-to-earnings ratio for Shore Bancshares stock stands at 10.3 as of Apr 1, 2025. This is calculated based on the current EPS of $1.32 and the stock price of $13.59 per share. A decrease of 31% has been recorded in the PE ratio compared to the average of 15.0 of the last four quarters.
Over the last ten years, the average PE ratio of Shore Bancshares has been 15.11. The current 10.3 P/E ratio is 32% lower than the historical average. In the past ten years, SHBI's PE ratio peaked in the Dec 2023 quarter at 33.93, with a price of $14.25 and an EPS of $0.42. The Dec 2018 quarter marked the lowest point at 7.42, with a price of $14.54 and an EPS of $1.96.
Maximum annual increase: 205.68% in 2023
Maximum annual decrease: -64.6% in 2024
Year | PE ratio | PE change | Price | EPS |
---|---|---|---|---|
2024 | 12.01 | -64.6% | $15.85 | $1.32 |
2023 | 33.93 | 205.68% | $14.25 | $0.42 |
2022 | 11.1 | -37.71% | $17.43 | $1.57 |
2021 | 17.82 | 54.96% | $20.85 | $1.17 |
2020 | 11.5 | -15.87% | $14.6 | $1.27 |
2019 | 13.67 | 84.23% | $17.36 | $1.27 |
2018 | 7.42 | -60.45% | $14.54 | $1.96 |
2017 | 18.76 | -6.53% | $16.7 | $0.89 |
2016 | 20.07 | 3.29% | $15.25 | $0.76 |
2015 | 19.43 | -4.33% | $10.88 | $0.56 |
2014 | 20.31 | N/A | $9.34 | $0.46 |
2013 | N/A | N/A | $9.22 | -$1.14 |
2012 | N/A | N/A | $5.39 | -$1.14 |
2011 | N/A | N/A | $5.15 | -$0.11 |
2010 | N/A | N/A | $10.54 | -$0.2 |
Year | PE ratio | PE change | Price | EPS |
---|---|---|---|---|
Dec 2024 | 12.01 | 13.3% | $15.85 | $1.32 |
Sep 2024 | 10.6 | -36.11% | $13.99 | $1.32 |
Jun 2024 | 16.59 | -20.66% | $11.45 | $0.69 |
Mar 2024 | 20.91 | -38.37% | $11.5 | $0.55 |
Dec 2023 | 33.93 | 109.7% | $14.25 | $0.42 |
Sep 2023 | 16.18 | 100.25% | $10.52 | $0.65 |
Jun 2023 | 8.08 | -8.91% | $11.56 | $1.43 |
Mar 2023 | 8.87 | -20.09% | $14.28 | $1.61 |
Dec 2022 | 11.1 | -20.54% | $17.43 | $1.57 |
Sep 2022 | 13.97 | -13.92% | $17.32 | $1.24 |
Jun 2022 | 16.23 | -12.84% | $18.5 | $1.14 |
Mar 2022 | 18.62 | 4.49% | $20.48 | $1.1 |
Dec 2021 | 17.82 | 39.66% | $20.85 | $1.17 |
Sep 2021 | 12.76 | -3.26% | $17.73 | $1.39 |
Jun 2021 | 13.19 | 5.44% | $16.75 | $1.27 |
SHBI's current P/E ratio is lower than the 3, 5 and 10-year averages.
In comparison to its peers WFC and PNC, SHBI's PE ratio is lower, but it is higher than FUNC's. Shore Bancshares's current PE ratio of 10.3 is lower than the average of its peers, which is 11.81.
Stock name | PE ratio | Market cap |
---|---|---|
FUNC First United Corp | 9.43 | $192.32M |
SHBI Shore Bancshares Inc | 10.3 | $453.26M |
MTB M&T Bank Corp | 11.99 | $28.98B |
PNC Pnc Financial Services Group Inc | 12.69 | $69.11B |
WFC Wells Fargo & Company | 13.13 | $234.48B |
SASR Sandy Spring Bancorp Inc | 63.2 | $1.26B |
The price to earnings ratio for SHBI stock is 10.3 as of Apr 1, 2025.
The 3-year average price to earnings ratio for SHBI stock is 15.32.
The 5-year average price to earnings ratio for SHBI stock is 14.31.
The highest quarterly PE ratio in the last ten years has been 33.93 and it was in the Dec 2023 quarter.
The current price to earnings ratio of SHBI is 32% lower than the 10-year historical average.
The P/E ratio is calculated by taking the latest stock price and dividing it by the EPS for the last 12 months. As of today (Apr 1, 2025), Shore Bancshares's stock price is $13.59. The earnings per share for the trailing twelve months (TTM) ending Dec 2024 is $1.32. Therefore, Shore Bancshares's PE ratio for today is 10.3. PE RATIO(10.3) = STOCK PRICE($13.59) / TTM EPS($1.32)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.