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SSB SOUTH STATE PE ratio, current and historical analysis

The current PE ratio for SOUTH STATE stock as of Feb 23, 2024 is 11.82. This is calculated based on the current EPS of $6.99 and the stock price of $82.59 per share. The PE ratio has grown by 17% from the past four quarters average of 10.1.

SSB PE ratio history

How has SSB's PE ratio performed in the past

The average historical PE ratio of SOUTH STATE for the last ten years is 18.56. The current P/E ratio of 11.82 is 36% 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.

Average
18.56
Median
17.57
Minimum
9.24
Maximum
32.86

SOUTH STATE PE ratio by year

Maximum annual increase: 104.61% in 2020

Maximum annual decrease: -63.94% in 2021

Year PE ratio Change
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%
2013 27.6 40.1%

SSB average PE ratio chart

What is the average PE ratio of SSB for the past years

SSB's current P/E ratio is lower than the 3, 5 and 10-year averages.

3-year avg
12.84
5-year avg
15.95
10-year avg
18.56
15-year avg
20.22

SSB PE vs peers

What is SSB's PE ratio compared to its peers

In comparison to its peers GBCI and FFIC, SSB's PE ratio is lower, but it is higher than BUSE's and BHLB's. SOUTH STATE is presently trading at a lower PE ratio (11.82) than its peer group average of 12.66.

Stock name PE ratio Market cap
BHLB Berkshire Hills Bancorp Inc 9.55 $963.8M
BUSE First Busey Corp 10.33 $1.26B
SSB SOUTH STATE Corp 11.75 $6.25B
FFIC Flushing Financial Corp 12.45 $370.56M
GBCI Glacier Bancorp Inc 18.03 $4.11B

Frequently asked questions

What is SOUTH STATE's PE ratio?

As of Feb 23, 2024, SSB stock has a price to earnings ratio of 11.82.

What is the 3-year average PE ratio for SOUTH STATE (SSB)?

The 3-year average price to earnings ratio for SSB stock is 12.84.

What is the 5-year average PE ratio for SOUTH STATE (SSB)?

The 5-year average price to earnings ratio for SSB stock is 15.95.

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 36% 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 (Feb 23, 2024), SOUTH STATE's stock price is $82.59. The earnings per share for the trailing twelve months (TTM) ending Sep 2023 is $6.99. Therefore, SOUTH STATE's PE ratio for today is 11.82. PE RATIO(11.82) = STOCK PRICE($82.59) / TTM EPS($6.99)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.