SSB SOUTH STATE PE ratio, current and historical analysis
The current PE ratio for SOUTH STATE stock as of Nov 21, 2024 is 16.36. This is calculated based on the current EPS of $6.53 and the stock price of $106.83 per share. The PE ratio has grown by 22% from the past four quarters average of 13.5.
SSB PE ratio history
The average historical PE ratio of SOUTH STATE for the last ten years is 17.69. The current P/E ratio of 16.36 is 8% 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.
SOUTH STATE PE ratio by year
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 average PE ratio chart
SSB's current P/E ratio is above the 3 and 5-year averages, but it is lower than the 10-year average.
SSB PE vs peers
In comparison to its peers GBCI and BHLB, SSB's PE ratio is lower, but it is higher than BUSE's. SOUTH STATE is presently trading at a lower PE ratio (16.36) than its peer group average of 25.14.
| Stock name | PE ratio | Market cap |
|---|---|---|
| BUSE First Busey Corp | 13.63 | $1.53B |
| SSB SOUTH STATE Corp | 16.36 | $8.15B |
| FFIC Flushing Financial Corp | 20.02 | $506.38M |
| BHLB Berkshire Hills Bancorp Inc | 31.67 | $1.31B |
| GBCI Glacier Bancorp Inc | 35.24 | $6.47B |
Frequently asked questions
What is SOUTH STATE's PE ratio?
As of Nov 21, 2024, SSB stock has a price to earnings ratio of 16.36.
What is the 3-year average PE ratio for SOUTH STATE (SSB)?
The 3-year average price to earnings ratio for SSB stock is 12.03.
What is the 5-year average PE ratio for SOUTH STATE (SSB)?
The 5-year average price to earnings ratio for SSB stock is 15.72.
What is the highest PE ratio for SSB?
Over the last ten years, the quarterly PE ratio reached a historic high of 32.86 in the Dec 2020 quarter.
How does the current PE ratio for SSB compare to its historical average?
The current price to earnings ratio of SSB is 8% lower than the 10-year historical average.
How is SSB's PE ratio calculated (SOUTH STATE PE ratio formula)?
You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (Nov 21, 2024), SOUTH STATE's stock price is $106.83. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $6.53. Therefore, SOUTH STATE's PE ratio for today is 16.36. PE RATIO(16.36) = STOCK PRICE($106.83) / TTM EPS($6.53)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.