The PE ratio for Trustco Bank Corp N Y stock stands at 8.96 as of May 2, 2024. This is based on the current EPS of $3.08 and the stock price of $27.61 per share. An increase of 9% has been recorded in the PE ratio compared to the average of 8.2 of the past four quarters.
Over the last ten years, the average PE ratio of Trustco Bank Corp N Y has been 13.04. The current 8.96 price-to-earnings ratio is 31% less than the historical average. In the past ten years, TRST's PE ratio reached its highest point in the Dec 2017 quarter at 20.44, with a price of $46 and an EPS of $2.25. The Jun 2023 quarter saw the lowest point at 7.35, with a price of $28.61 and an EPS of $3.89.
Maximum annual increase: 41.87% in 2016
Maximum annual decrease: -47.41% in 2018
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 10.08 | 5.44% |
| 2022 | 9.56 | -8.43% |
| 2021 | 10.44 | -14.85% |
| 2020 | 12.26 | -15.45% |
| 2019 | 14.5 | 34.88% |
| 2018 | 10.75 | -47.41% |
| 2017 | 20.44 | 4.18% |
| 2016 | 19.62 | 41.87% |
| 2015 | 13.83 | -10.83% |
| 2014 | 15.51 | -8.82% |
TRST's current P/E ratio is lower than the 3, 5 and 10-year averages.
When compared to its peers BHLB and GCBC, TRST's PE ratio is lower, but it is higher than NECB's. Trustco Bank Corp N Y's PE ratio is trading below the peer group average of 12.17.
| Stock name | PE ratio | Market cap |
|---|---|---|
| NECB NorthEast Community Bancorp Inc | 4.98 | $232.58M |
| TRST Trustco Bank Corp N Y | 9.07 | $531.73M |
| NFBK Northfield Bancorp Inc | 10.47 | $400.4M |
| BHLB Berkshire Hills Bancorp Inc | 14.02 | $984.39M |
| GCBC Greene County Bancorp Inc | 19.56 | $526.3M |
| NYCB New York Community Bancorp Inc | N/A | $2.83B |
As of May 2, 2024, TRST stock has a price to earnings ratio of 8.96.
As an average over the last 3 years, TRST stock has a PE ratio of 9.27.
As an average over the last 5 years, TRST stock has a PE ratio of 10.43.
Over the last ten years, the quarterly PE ratio reached a historic high of 20.44 in the Dec 2017 quarter.
TRST's current price to earnings ratio is 31% below its 10-year historical average.
A company with a lower PE ratio may indicate that the market has lower growth expectations for the company's future earnings.
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (May 2, 2024), Trustco Bank Corp N Y's stock price is $27.61. The earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $3.08. Therefore, Trustco Bank Corp N Y's price to earnings ratio for today is 8.96. PE RATIO(8.96) = STOCK PRICE($27.61) / TTM EPS($3.08)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.