SHBI Shore Bancshares PE ratio, current and historical analysis
The price-to-earnings ratio for Shore Bancshares stock stands at 11.59 as of Feb 21, 2025. This is calculated based on the current EPS of $1.32 and the stock price of $15.3 per share. A decrease of 43% has been recorded in the PE ratio compared to the average of 20.5 of the last four quarters.
SHBI PE ratio history
Over the last ten years, the average PE ratio of Shore Bancshares has been 15.35. The current 11.59 P/E ratio is 24% 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.
Shore Bancshares PE ratio by year
Maximum annual increase: 205.68% in 2023
Maximum annual decrease: -60.45% in 2018
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 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 |
| 2009 | 22.66 | 29.41% | $14.5 | $0.64 |
Shore Bancshares PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 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 |
| Mar 2021 | 12.51 | 8.78% | $17.02 | $1.36 |
SHBI average PE ratio chart
SHBI's current P/E ratio is lower than the 3, 5 and 10-year averages.
SHBI PE vs peers
In comparison to its peer stocks WFC and PNC, SHBI's PE ratio is lower. Shore Bancshares's current PE ratio of 11.59 is lower than the average of its peers, which is 14.5.
| Stock name | PE ratio | Market cap |
|---|---|---|
| SHBI Shore Bancshares Inc | 11.59 | $509.9M |
| MTB M&T Bank Corp | 13.16 | $31.8B |
| PNC Pnc Financial Services Group Inc | 13.67 | $74.42B |
| FUNC First United Corp | 15.3 | $243.48M |
| WFC Wells Fargo & Company | 15.88 | $258.04B |
| SASR Sandy Spring Bancorp Inc | 71.86 | $1.43B |
Frequently asked questions
What is Shore Bancshares's PE ratio?
The price to earnings ratio for SHBI stock is 11.59 as of Feb 21, 2025.
What is the 3-year average PE ratio for Shore Bancshares (SHBI)?
The 3-year average price to earnings ratio for SHBI stock is 15.92.
What is the 5-year average PE ratio for Shore Bancshares (SHBI)?
The 5-year average price to earnings ratio for SHBI stock is 14.14.
What is the highest PE ratio for SHBI?
The highest quarterly PE ratio in the last ten years has been 33.93 and it was in the Dec 2023 quarter.
How does the current PE ratio for SHBI compare to its historical average?
The current price to earnings ratio of SHBI is 24% lower than the 10-year historical average.
How is SHBI's PE ratio calculated (Shore Bancshares PE ratio formula)?
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 (Feb 21, 2025), Shore Bancshares's stock price is $15.3. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $1.32. Therefore, Shore Bancshares's PE ratio for today is 11.59. PE RATIO(11.59) = STOCK PRICE($15.3) / TTM EPS($1.32)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.