The PE ratio for United Bankshares stock stands at 15.01 as of Jul 26, 2024. This is based on the current EPS of $2.62 and the stock price of $39.32 per share. An increase of 27% has been recorded in the PE ratio compared to the average of 11.8 of the last four quarters.
Over the last ten years, the average PE ratio of United Bankshares has been 15.9. The current 15.01 P/E ratio is 6% 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 higher than its 3 and 5-year historical averages, but it is lower than the 10-year average.
UBSI's PE ratio stands lower than its peer stocks VMC and SNV, but it is higher than FCNCA's and MTB's. United Bankshares is presently trading at a higher PE ratio (15.01) than its peer group average of 13.95.
| Stock name | PE ratio | Market cap |
|---|---|---|
| FCNCA First Citizens Bancshares Inc | 11.71 | $30.66B |
| MTB M&T Bank Corp | 11.76 | $29.18B |
| FNB Fnb Corp | 12.54 | $5.59B |
| FITB Fifth Third Bancorp | 13.42 | $28.91B |
| HBAN Huntington Bancshares Inc | 13.51 | $21.93B |
| UBSI United Bankshares Inc | 15.01 | $5.32B |
| CHCO City Holding Co | 15.49 | $1.82B |
| SNV Synovus Financial Corp | 16.25 | $6.97B |
| FCBC First Community Bankshares Inc | 16.91 | $822.42M |
| VMC Vulcan Materials CO | 37.93 | $34.61B |
The price to earnings ratio for UBSI stock is 15.01 as of Jul 26, 2024.
The 3-year average price to earnings ratio for UBSI stock is 12.66.
The 5-year average price to earnings ratio for UBSI stock is 12.68.
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 6% 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 (Jul 26, 2024), United Bankshares's stock price is $39.32. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $2.62. Therefore, United Bankshares's PE ratio for today is 15.01. PE RATIO(15.01) = STOCK PRICE($39.32) / TTM EPS($2.62)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.