The P/E ratio for Stock Yards Bancorp stock stands at 17.72 as of Jul 25, 2024. This is calculated based on the TTM EPS of $3.59 and the stock price of $63.6 per share. An increase of 44% has been observed in the PE ratio compared to its average of 12.3 of the past four quarters.
Over the last ten years, the average PE ratio of Stock Yards Bancorp has been 16.67. The current 17.72 price-to-earnings ratio is 6% more than the historical average. Analyzing the last ten years, SYBT's PE ratio reached its highest point in the Dec 2016 quarter at 25.52, with a price of $46.95 and an EPS of $1.84. The Sep 2023 quarter saw the lowest point at 10.07, with a price of $39.29 and an EPS of $3.9.
Maximum annual increase: 70.13% in 2016
Maximum annual decrease: -39.98% in 2018
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 13.95 | -30.46% |
| 2022 | 20.06 | -5.78% |
| 2021 | 21.29 | 37.27% |
| 2020 | 15.51 | 10.31% |
| 2019 | 14.06 | 5% |
| 2018 | 13.39 | -39.98% |
| 2017 | 22.31 | -12.58% |
| 2016 | 25.52 | 70.13% |
| 2015 | 15 | 7.3% |
| 2014 | 13.98 | -16.59% |
SYBT's current PE ratio is higher than the 3, 5 and 10-year averages.
SYBT's PE ratio is above its peer stocks RNST and CTBI.
| Stock name | PE ratio | Market cap |
|---|---|---|
| CTBI Community Trust Bancorp Inc | 12.03 | $937.18M |
| RNST Renasant Corp | 15.08 | $2.09B |
| SYBT Stock Yards Bancorp Inc | 17.6 | $1.86B |
SYBT stock has a price to earnings ratio of 17.72 as of Jul 25, 2024.
The average PE ratio for SYBT stock over the past 3 years is 17.26.
The average PE ratio for SYBT stock over the past 5 years is 16.18.
Over the last ten years, the quarterly PE ratio reached its highest level at 25.52 in the Dec 2016 quarter.
The current PE ratio of SYBT is 6% higher than the 10-year historical average.
The P/E ratio is calculated by taking the latest stock price and dividing it by the earnings per share(EPS) for the last 12 months. As of today (Jul 25, 2024), Stock Yards Bancorp's share price is $63.6. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $3.59. Therefore, Stock Yards Bancorp's price to earnings ratio for today is 17.72. PE RATIO(17.72) = STOCK PRICE($63.6) / TTM EPS($3.59)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.