The current PE ratio for SOUTH STATE stock as of Sep 17, 2024 is 15.72. This is calculated based on the current EPS of $6.28 and the stock price of $98.72 per share. The PE ratio has grown by 29% from the past four quarters average of 12.2.
The average historical PE ratio of SOUTH STATE for the last ten years is 17.83. The current P/E ratio of 15.72 is 12% lower than the historical average. In the past ten years, SSB's PE ratio peaked in the Dec 2020 quarter at 32.86, when the stock price was $72.3 and the EPS was $2.2. The lowest point was in the Jun 2023 quarter, when it reached 9.24 with a price of $65.8 and an EPS of $7.12.
Maximum annual increase: 104.61% in 2020
Maximum annual decrease: -63.94% in 2021
Year | PE ratio | Change |
---|---|---|
2023 | 12.99 | 13.15% |
2022 | 11.48 | -3.12% |
2021 | 11.85 | -63.94% |
2020 | 32.86 | 104.61% |
2019 | 16.06 | 31.32% |
2018 | 12.23 | -58.6% |
2017 | 29.54 | 42.64% |
2016 | 20.71 | 19.43% |
2015 | 17.34 | -19.61% |
2014 | 21.57 | -21.85% |
SSB's current P/E ratio is above the 3 and 5-year averages, but it is lower than the 10-year average.
In comparison to its peers GBCI and BHLB, SSB's PE ratio is lower, but it is higher than BUSE's.
Stock name | PE ratio | Market cap |
---|---|---|
BUSE First Busey Corp | 13.46 | $1.5B |
SSB SOUTH STATE Corp | 15.55 | $7.44B |
FFIC Flushing Financial Corp | 17.24 | $415.98M |
GBCI Glacier Bancorp Inc | 27.23 | $5.06B |
BHLB Berkshire Hills Bancorp Inc | 51.5 | $1.15B |
As of Sep 17, 2024, SSB stock has a price to earnings ratio of 15.72.
The 3-year average price to earnings ratio for SSB stock is 11.72.
The 5-year average price to earnings ratio for SSB stock is 15.69.
Over the last ten years, the quarterly PE ratio reached a historic high of 32.86 in the Dec 2020 quarter.
The current price to earnings ratio of SSB is 12% lower than the 10-year historical average.
You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (Sep 17, 2024), SOUTH STATE's stock price is $98.72. The earnings per share for the trailing twelve months (TTM) ending Jun 2024 is $6.28. Therefore, SOUTH STATE's PE ratio for today is 15.72. PE RATIO(15.72) = STOCK PRICE($98.72) / TTM EPS($6.28)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.