As at Nov 21, 2024, the VBTX stock has a price-to-earnings ratio of 18.59. This is based on the current EPS of $1.58 and the stock price of $29.37 per share. An increase of 40% has been recorded in the P/E ratio compared to the average of 13.3 of the last 4 quarters.
The mean historical PE ratio of Veritex Holdings over the last ten years is 16.44. The current 18.59 PE ratio is 13% above the historical average. In the past ten years, VBTX's PE ratio was at its highest in the Dec 2017 quarter at 33.65, with a price of $27.59 and an EPS of $0.82. The Jun 2023 quarter recorded the bottom point at 6.25, with a price of $17.93 and an EPS of $2.87.
Maximum annual increase: 46.11% in 2017
Maximum annual decrease: -61.01% in 2018
Year | PE ratio | Change |
---|---|---|
2023 | 11.64 | 14.01% |
2022 | 10.21 | -27.38% |
2021 | 14.06 | -18.92% |
2020 | 17.34 | 1.76% |
2019 | 17.04 | 29.88% |
2018 | 13.12 | -61.01% |
2017 | 33.65 | 46.11% |
2016 | 23.03 | 22.18% |
2015 | 18.85 | -2.89% |
2014 | 19.41 | N/A |
VBTX's current P/E ratio is above the 3, 5 and 10-year historical averages.
Compared to its peer stocks HBAN and VLY, VBTX's PE ratio stands higher.
Stock name | PE ratio | Market cap |
---|---|---|
NECB NorthEast Community Bancorp Inc | 7.9 | $412.21M |
VLY Valley National Bancorp | 16.53 | $5.22B |
HBAN Huntington Bancshares Inc | 16.94 | $25.6B |
VBTX Veritex Holdings Inc | 18.59 | $1.6B |
The price to earnings ratio for VBTX stock is 18.59 as of Nov 21, 2024.
The 3-year average PE ratio for VBTX stock is 10.84.
The 5-year average PE ratio for VBTX stock is 12.15.
The highest quarterly PE ratio in the last ten years has been 33.65 and it was in the Dec 2017 quarter.
VBTX's current price to earnings ratio is 13% above its 10-year historical average.
The PE ratio is calculated by dividing the most recent price of a stock by its trailing twelve months EPS. As of today (Nov 21, 2024), Veritex Holdings's stock price is $29.37. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $1.58. Therefore, Veritex Holdings's P/E ratio for today is 18.59. PE RATIO(18.59) = STOCK PRICE($29.37) / TTM EPS($1.58)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.