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VLY Valley National Bancorp PE ratio, current and historical analysis

The current PE ratio for Valley National Bancorp stock as of May 22, 2024 is 9.01. This is calculated based on the current EPS of $0.85 and the stock price of $7.66 per share. The P/E ratio has increased by 4.7% from the past four quarters average of 8.6.

VLY PE ratio history

How has VLY's PE ratio performed in the past

The average historical PE ratio of Valley National Bancorp for the last ten years is 14.33. The current PE ratio of 9.01 is 37% below the historical average. Over the past ten years, VLY's PE ratio was at its highest in the Mar 2018 quarter at 23.51, when the stock price was $12.46 and the EPS was $0.53. The lowest value was in the Jun 2023 quarter, when it reached 6.25 with a price of $7.75 and an EPS of $1.24.

Average
14.33
Median
12.73
Minimum
6.25
Maximum
23.51

Valley National Bancorp PE ratio by year

Maximum annual increase: 35.24% in 2015

Maximum annual decrease: -38.78% in 2018

Year PE ratio Change
2023 11.43 15.22%
2022 9.92 -18.49%
2021 12.17 17.36%
2020 10.37 -20.29%
2019 13.01 9.88%
2018 11.84 -38.78%
2017 19.34 4.65%
2016 18.48 -21.19%
2015 23.45 35.24%
2014 17.34 13.11%

VLY average PE ratio chart

What is the average PE ratio of VLY for the past years

VLY's current P/E ratio is below the 3, 5 and 10-year averages.

3-year avg
10.07
5-year avg
10.41
10-year avg
14.33
15-year avg
15.24

VLY PE vs peers

What is VLY's PE ratio compared to its peers

Compared to its peers MTB and PGC, VLY's PE ratio stands lower, however it is higher than UNTY's and PKBK's. Valley National Bancorp's PE ratio is trading below the peer group average of 9.22.

Stock name PE ratio Market cap
UNTY Unity Bancorp Inc 7.16 $277.28M
PKBK Parke Bancorp Inc 8.61 $201.81M
VLY Valley National Bancorp 9.01 $3.9B
MTB M&T Bank Corp 10.29 $25.53B
PGC Peapack Gladstone Financial Corp 10.8 $421.95M
UEIC Universal Electronics Inc N/A $156.62M

Frequently asked questions

What is Valley National Bancorp's PE ratio?

VLY's price to earnings ratio is 9.01 as of May 22, 2024.

What is the 3-year average PE ratio for Valley National Bancorp (VLY)?

The 3-year average PE ratio for VLY stock is 10.07.

What is the 5-year average PE ratio for Valley National Bancorp (VLY)?

The 5-year average PE ratio for VLY stock is 10.41.

What is the highest PE ratio for VLY?

In the last ten years, the Mar 2018 quarter recorded the highest quarterly PE ratio at 23.51.

How does the current PE ratio for VLY compare to its historical average?

The current price to earnings ratio of VLY is 37% lower than the 10-year historical average.

Why is Valley National Bancorp's PE ratio so low?

VLY's PE ratio of 9.01 is considered low because the company's stock price is trading at a lower multiple of earnings.

How is VLY's PE ratio calculated (Valley National Bancorp PE ratio formula)?

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 22, 2024), Valley National Bancorp's stock price is $7.66. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $0.85. Therefore, Valley National Bancorp's P/E ratio for today is 9.01. PE RATIO(9.01) = STOCK PRICE($7.66) / TTM EPS($0.85)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.