The current PE ratio for Trico Bancshares stock as of May 3, 2024 is 10.61. This is calculated based on the current EPS of $3.53 and the stock price of $37.47 per share. The P/E ratio has an increase of 10% from the past four quarters average of 9.6.
The average historical PE ratio of Trico Bancshares for the last ten years is 14.29. The current PE ratio of 10.61 is 26% below the historical average. Over the past ten years, TCBK's PE ratio was at its highest in the Dec 2017 quarter at 21.39, when the stock price was $37.86 and the EPS was $1.77. The lowest value was in the Jun 2023 quarter, when it reached 8.22 with a price of $33.2 and an EPS of $4.04.
Maximum annual increase: 22.65% in 2017
Maximum annual decrease: -38.52% in 2018
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 12.17 | -8.08% |
| 2022 | 13.24 | 22.03% |
| 2021 | 10.85 | -33.27% |
| 2020 | 16.26 | 20.36% |
| 2019 | 13.51 | 2.74% |
| 2018 | 13.15 | -38.52% |
| 2017 | 21.39 | 22.65% |
| 2016 | 17.44 | 22.64% |
| 2015 | 14.22 | -15.36% |
| 2014 | 16.8 | 1.27% |
The current PE ratio of TCBK is below the 3, 5 and 10-year averages.
TCBK's PE ratio is lower than its peer stocks CVBF and BMRC, but it is greater than EWBC's and CATY's. Trico Bancshares's current PE ratio of 10.61 is above the average of its peers, which is 9.13.
| Stock name | PE ratio | Market cap |
|---|---|---|
| OVLY Oak Valley Bancorp | 6.41 | $199.78M |
| CATY Cathay General Bancorp | 7.59 | $2.69B |
| CWBC Community West Bancshares. | 8.03 | $206.29M |
| EWBC East West Bancorp Inc | 9.44 | $10.87B |
| TCBK Trico Bancshares | 10.56 | $1.24B |
| CVBF Cvb Financial Corp | 10.9 | $2.42B |
| BMRC Bank of Marin Bancorp | 12.88 | $258.61M |
As of May 3, 2024, TCBK stock has a price to earnings ratio of 10.61.
As an average over the last 3 years, TCBK stock has a PE ratio of 11.19.
As an average over the last 5 years, TCBK stock has a PE ratio of 12.13.
Over the last ten years, the quarterly PE ratio reached a historic high of 21.39 in the Dec 2017 quarter.
The current price to earnings ratio of TCBK is 26% lower than the 10-year historical average.
The PE ratio is calculated by taking the latest stock price and dividing it by the EPS for the last 12 months. As of today (May 3, 2024), Trico Bancshares's stock price is $37.47. The earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $3.53. Therefore, Trico Bancshares's P/E ratio for today is 10.61. PE RATIO(10.61) = STOCK PRICE($37.47) / TTM EPS($3.53)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.