The PE ratio for United Bankshares stock stands at 12.43 as of May 2, 2024. This is based on the current EPS of $2.72 and the stock price of $33.82 per share. An increase of 9% has been recorded in the PE ratio compared to the average of 11.4 of the last four quarters.
Over the last ten years, the average PE ratio of United Bankshares has been 16.01. The current 12.43 P/E ratio is 22% lower than the historical average. In the past ten years, UBSI's PE ratio peaked in the Dec 2016 quarter at 23.13, with a price of $46.25 and an EPS of $2. The Sep 2020 quarter marked the lowest point at 9.5, with a price of $21.47 and an EPS of $2.26.
Maximum annual increase: 24.42% in 2016
Maximum annual decrease: -43.93% in 2018
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 13.81 | -4.16% |
| 2022 | 14.41 | 12.84% |
| 2021 | 12.77 | -5.41% |
| 2020 | 13.5 | -10.95% |
| 2019 | 15.16 | 19.84% |
| 2018 | 12.65 | -43.93% |
| 2017 | 22.56 | -2.46% |
| 2016 | 23.13 | 24.42% |
| 2015 | 18.59 | -4.18% |
| 2014 | 19.4 | 4.86% |
The current PE ratio of UBSI is lower than the 3, 5 and 10-year averages.
UBSI's PE ratio stands lower than its peer stocks VMC and CHCO, but it is higher than FITB's and FCNCA's. United Bankshares is presently trading at a higher PE ratio (12.43) than its peer group average of 10.37.
| Stock name | PE ratio | Market cap |
|---|---|---|
| FCNCA First Citizens Bancshares Inc | 2.18 | $24.89B |
| MTB M&T Bank Corp | 9.23 | $24.37B |
| FNB Fnb Corp | 10.33 | $4.9B |
| FITB Fifth Third Bancorp | 11.42 | $25.13B |
| HBAN Huntington Bancshares Inc | 12.21 | $19.81B |
| UBSI United Bankshares Inc | 12.43 | $4.56B |
| SNV Synovus Financial Corp | 12.8 | $5.49B |
| FCBC First Community Bankshares Inc | 13.09 | $645.36M |
| CHCO City Holding Co | 13.75 | $1.55B |
| VMC Vulcan Materials CO | 38.32 | $34.97B |
The price to earnings ratio for UBSI stock is 12.43 as of May 2, 2024.
The 3-year average price to earnings ratio for UBSI stock is 12.49.
The 5-year average price to earnings ratio for UBSI stock is 12.74.
The highest quarterly PE ratio in the last ten years has been 23.13 and it was in the Dec 2016 quarter.
UBSI's current price to earnings ratio is 22% below its 10-year historical average.
You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (May 2, 2024), United Bankshares's stock price is $33.82. The earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $2.72. Therefore, United Bankshares's PE ratio for today is 12.43. PE RATIO(12.43) = STOCK PRICE($33.82) / TTM EPS($2.72)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.