The current PE ratio for Stellar Bancorp stock as of May 2, 2024 is 10.27. This is calculated based on the current EPS of $2.24 and the stock price of $23 per share. The PE ratio has decreased by 16% from the past four quarters average of 12.2.
The average historical PE ratio of Stellar Bancorp for the last seven years is 15.05. The current price-to-earnings ratio of 10.27 is 32% less than the historical average. In the past seven years, STEL's PE ratio reached its highest point in the Sep 2018 quarter at 25.39, when the stock price was $35.54 and the EPS was $1.4. The lowest point was recorded in the Jun 2022 quarter, when it reached 8.36 with a price of $26.59 and an EPS of $3.18.
Maximum annual increase: 95.58% in 2022
Maximum annual decrease: -42.94% in 2023
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 11.36 | -42.94% |
| 2022 | 19.91 | 95.58% |
| 2021 | 10.18 | -37.35% |
| 2020 | 16.25 | 6% |
| 2019 | 15.33 | -0.9% |
| 2018 | 15.47 | -35.84% |
| 2017 | 24.11 | N/A |
| 2016 | N/A | N/A |
| 2015 | N/A | N/A |
STEL's current P/E ratio is lower than the 3 and 5-year averages.
STEL's PE ratio is below its peer stocks NRIM and NKSH.
| Stock name | PE ratio | Market cap |
|---|---|---|
| STEL Stellar Bancorp Inc | 10.27 | $1.23B |
| NKSH National Bankshares Inc | 10.33 | $162.02M |
| NRIM Northrim Bancorp Inc | 11.01 | $274.37M |
The price to earnings ratio for STEL stock as of May 2, 2024, stands at 10.27.
The 3-year average PE ratio for STEL stock is 12.24.
The 5-year average PE ratio for STEL stock is 13.1.
The highest quarterly PE ratio in the last seven years has been 25.39 and it was in the Sep 2018 quarter.
The current price to earnings ratio of STEL is 32% lower than the 7-year historical average.
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (May 2, 2024), Stellar Bancorp's stock price is $23. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $2.24. Therefore, Stellar Bancorp's price to earnings ratio for today is 10.27. PE RATIO(10.27) = STOCK PRICE($23) / TTM EPS($2.24)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.