As of Apr 30, 2024, the Bancorp stock's PE ratio is 8.51. This takes into account the latest EPS of $3.52 and stock price of $29.94. The PE ratio has decreased by 19% from its last 4 quarters average of 10.5.
The PE ratio of Bancorp has averaged 20.04 over the last ten years. The current price-to-earnings ratio of 8.51 is 58% less than the historical average. Analyzing the last ten years, TBBK's PE ratio reached its highest point in the Mar 2016 quarter at 114.4, when the price was $5.72 and the EPS was $0.05. The lowest point was recorded in the Mar 2019 quarter, when it reached 4.93 with a price of $8.08 and an EPS of $1.64.
Maximum annual increase: 181.07% in 2019
Maximum annual decrease: -79.98% in 2018
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 10.95 | -11.26% |
| 2022 | 12.34 | -5.87% |
| 2021 | 13.11 | 33.5% |
| 2020 | 9.82 | -31.09% |
| 2019 | 14.25 | 181.07% |
| 2018 | 5.07 | -79.98% |
| 2017 | 25.33 | N/A |
| 2016 | N/A | N/A |
| 2015 | 18.2 | 154.19% |
| 2014 | 7.16 | N/A |
Currently, TBBK's PE ratio is under its 3, 5 and 10-year averages.
TBBK's PE ratio is below its peer stocks COF and MTB. Bancorp is currently trading at a lower PE ratio (8.51) than its peers average of 17.67.
| Stock name | PE ratio | Market cap |
|---|---|---|
| TBBK Bancorp Inc | 8.88 | $1.65B |
| MTB M&T Bank Corp | 9.22 | $24.35B |
| FULT Fulton Financial Corp | 10.18 | $2.74B |
| COF Capital One Financial Corp | 11.82 | $53.85B |
| SHBI Shore Bancshares Inc | 25.12 | $350.37M |
| INBK First Internet Bancorp | 32.75 | $269.28M |
| EVER EverQuote Inc | N/A | $699.31M |
The price to earnings ratio for TBBK stock as of Apr 30, 2024, stands at 8.51.
Over the last 3 years, the average PE ratio for TBBK stock is 11.71.
Over the last 5 years, the average PE ratio for TBBK stock is 10.88.
The highest quarterly PE ratio in the last ten years has been 114.4 and it was in the Mar 2016 quarter.
TBBK's price to earnings ratio is currently 58% below its 10-year historical average.
TBBK's PE ratio of 8.51 is considered low because the company's stock price is trading at a lower multiple of earnings.
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 (Apr 30, 2024), Bancorp's share price is $29.94. The company's earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $3.52. Therefore, Bancorp's price to earnings ratio for today is 8.51. PE RATIO(8.51) = STOCK PRICE($29.94) / TTM EPS($3.52)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.