SPFI South Plains Financial PE ratio, current and historical analysis
As of Feb 4, 2025, the South Plains Financial stock's PE ratio is 13.54. This takes into account the latest EPS of $2.66 and stock price of $36.02. The PE ratio has increased by 46% from its last 4 quarters average of 9.3.
SPFI PE ratio history
The PE ratio of South Plains Financial has averaged 8.32 over the last six years. The current price-to-earnings ratio of 13.54 is 63% more than the historical average. Analyzing the last six years, SPFI's PE ratio reached its highest point in the Sep 2024 quarter at 12.75, when the price was $33.92 and the EPS was $2.66. The lowest point was recorded in the Sep 2020 quarter, when it reached 5.62 with a price of $12.41 and an EPS of $2.21.
South Plains Financial PE ratio by year
Maximum annual increase: 12.98% in 2021
Maximum annual decrease: -37.03% in 2020
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2023 | 7.76 | -5.6% | $28.96 | $3.73 |
| 2022 | 8.22 | -3.63% | $27.53 | $3.35 |
| 2021 | 8.53 | 12.98% | $27.81 | $3.26 |
| 2020 | 7.55 | -37.03% | $18.95 | $2.51 |
| 2019 | 11.99 | N/A | $20.87 | $1.74 |
| 2018 | N/A | N/A | N/A | $1.98 |
| 2017 | N/A | N/A | N/A | $1.6 |
South Plains Financial PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Sep 2024 | 12.75 | 31.31% | $33.92 | $2.66 |
| Jun 2024 | 9.71 | 39.31% | $27 | $2.78 |
| Mar 2024 | 6.97 | -10.18% | $26.76 | $3.84 |
| Dec 2023 | 7.76 | 12.14% | $28.96 | $3.73 |
| Sep 2023 | 6.92 | 20.14% | $26.44 | $3.82 |
| Jun 2023 | 5.76 | -17.12% | $22.51 | $3.91 |
| Mar 2023 | 6.95 | -15.45% | $21.41 | $3.08 |
| Dec 2022 | 8.22 | 2.37% | $27.53 | $3.35 |
| Sep 2022 | 8.03 | 12.78% | $27.56 | $3.43 |
| Jun 2022 | 7.12 | -13.17% | $24.14 | $3.39 |
| Mar 2022 | 8.2 | -3.87% | $26.58 | $3.24 |
| Dec 2021 | 8.53 | 16.53% | $27.81 | $3.26 |
| Sep 2021 | 7.32 | 7.96% | $24.38 | $3.33 |
| Jun 2021 | 6.78 | -11.72% | $23.13 | $3.41 |
| Mar 2021 | 7.68 | 1.72% | $22.72 | $2.96 |
SPFI average PE ratio chart
SPFI's current PE ratio is higher than the 3 and 5-year averages.
SPFI PE vs peers
When compared to its peer stocks NRIM and NKSH, SPFI's PE ratio is lower.
| Stock name | PE ratio | Market cap |
|---|---|---|
| SPFI South Plains Financial Inc | 13.58 | $592.16M |
| NRIM Northrim Bancorp Inc | 14.95 | $486.81M |
| NKSH National Bankshares Inc | 19.84 | $184.28M |
Frequently asked questions
What is South Plains Financial's PE ratio?
The price to earnings ratio for SPFI stock as of Feb 4, 2025, stands at 13.54.
What is the 3-year average PE ratio for South Plains Financial (SPFI)?
As an average over the last 3 years, SPFI stock has a PE ratio of 8.04.
What is the 5-year average PE ratio for South Plains Financial (SPFI)?
As an average over the last 5 years, SPFI stock has a PE ratio of 7.82.
What is the highest PE ratio for SPFI?
The current PE of 13.54 represents the highest historical value in the last six years.
How does the current PE ratio for SPFI compare to its historical average?
SPFI's price to earnings ratio is currently 63% above its 6-year historical average.
How is SPFI's PE ratio calculated (South Plains Financial PE ratio formula)?
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Feb 4, 2025), South Plains Financial's share price is $36.02. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $2.66. Therefore, South Plains Financial's price to earnings ratio for today is 13.54. PE RATIO(13.54) = STOCK PRICE($36.02) / TTM EPS($2.66)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.