The PE ratio for Texas Capital Bancshares stock stands at 23.73 as of Jul 25, 2024. This is calculated based on the current EPS of $2.79 and the stock price of $66.2 per share. An increase of 43% has been seen in the P/E ratio compared to the average of 16.6 of the last 4 quarters.
Over the last ten years, the average PE ratio of Texas Capital Bancshares has been 17.07. The current 23.73 PE ratio is 39% above the historical average. Over the past ten years, TCBI's PE ratio was at its highest in the Dec 2020 quarter at 53.13, with a price of $59.5 and an EPS of $1.12. The Mar 2020 quarter recorded the bottom point at 5.47, with a price of $22.17 and an EPS of $4.05.
Maximum annual increase: 462.22% in 2020
Maximum annual decrease: -75.61% in 2021
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 18.05 | 87.05% |
| 2022 | 9.65 | -25.54% |
| 2021 | 12.96 | -75.61% |
| 2020 | 53.13 | 462.22% |
| 2019 | 9.45 | 5.12% |
| 2018 | 8.99 | -61.78% |
| 2017 | 23.52 | -5.81% |
| 2016 | 24.97 | 49.07% |
| 2015 | 16.75 | -9.65% |
| 2014 | 18.54 | -17.12% |
The current PE ratio of TCBI is greater than its 3, 5 and 10-year historical averages.
Compared to its peer FFIN, TCBI's PE ratio stands lower, however it is higher than CFR's and PB's. Texas Capital Bancshares's current PE ratio of 23.73 is above the average of its peers, which is 17.39.
| Stock name | PE ratio | Market cap |
|---|---|---|
| IBOC International Bancshares Corp | 10.56 | $4.31B |
| SBSI Southside Bancshares Inc | 12.66 | $1.03B |
| CFR Cullen/Frost Bankers Inc | 14.6 | $7.67B |
| PB Prosperity Bancshares Inc | 16.81 | $6.98B |
| IBTX Independent Bank Group Inc | 23.55 | $2.47B |
| TCBI Texas Capital Bancshares Inc | 24.11 | $3.11B |
| FFIN First Financial Bankshares Inc | 28.19 | $5.64B |
TCBI stock has a price to earnings ratio of 23.73 as of Jul 25, 2024.
As an average over the last 3 years, TCBI stock has a PE ratio of 13.83.
As an average over the last 5 years, TCBI stock has a PE ratio of 16.2.
The highest quarterly PE ratio in the last ten years has been 53.13 and it was in the Dec 2020 quarter.
The current price to earnings ratio of TCBI is 39% higher than the 10-year historical average.
You can calculate the PE ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (Jul 25, 2024), Texas Capital Bancshares's stock price is $66.2. The earnings per share for the trailing twelve months (TTM) ending Jun 2024 is $2.79. Therefore, Texas Capital Bancshares's P/E ratio for today is 23.73. PE RATIO(23.73) = STOCK PRICE($66.2) / TTM EPS($2.79)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.