As of May 1, 2024, the Westamerica Bancorporation stock's PE ratio is 7.87. This results from the current EPS of $6.06 and stock price of $47.67. The current PE ratio is nearly equal to the average from the previous four quarters.
The PE ratio of Westamerica Bancorporation has averaged 19.96 over the last ten years. The current P/E ratio of 7.87 is 61% lower than the historical average. In the past ten years, WABC's PE ratio peaked in the Dec 2017 quarter at 31.34, when the stock price was $59.55 and the EPS was $1.9. The lowest point was in the Jun 2023 quarter, when it reached 6.64 with a price of $38.3 and an EPS of $5.77.
Maximum annual increase: 34.58% in 2016
Maximum annual decrease: -33.95% in 2018
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 9.31 | -28.38% |
| 2022 | 13 | -27.5% |
| 2021 | 17.93 | -3.34% |
| 2020 | 18.55 | -18.43% |
| 2019 | 22.74 | 9.86% |
| 2018 | 20.7 | -33.95% |
| 2017 | 31.34 | 14.55% |
| 2016 | 27.36 | 34.58% |
| 2015 | 20.33 | -3.79% |
| 2014 | 21.13 | -6.42% |
The current PE ratio of WABC is lower than the 3, 5 and 10-year averages.
WABC's PE ratio stands lower than its peer stock BSRR, but it is higher than CATY's and HAFC's.
| Stock name | PE ratio | Market cap |
|---|---|---|
| HAFC Hanmi Financial Corp | 6.04 | $480.49M |
| CATY Cathay General Bancorp | 7.34 | $2.6B |
| WABC Westamerica Bancorporation | 8.03 | $1.3B |
| BSRR Sierra Bancorp | 8.78 | $307.59M |
WABC stock has a price to earnings ratio of 7.87 as of May 1, 2024.
The 3-year average price to earnings ratio for WABC stock is 13.26.
The 5-year average price to earnings ratio for WABC stock is 16.31.
The highest quarterly PE ratio in the last ten years has been 31.34 and it was in the Dec 2017 quarter.
WABC's price to earnings ratio is currently 61% below its 10-year historical average.
WABC's PE ratio is low because the stock price is relatively cheap compared to the earnings generated by the company.
The P/E ratio is calculated by taking the latest stock price and dividing it by the EPS for the last 12 months. As of today (May 1, 2024), Westamerica Bancorporation's stock price is $47.67. The earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $6.06. Therefore, Westamerica Bancorporation's PE ratio for today is 7.87. PE RATIO(7.87) = STOCK PRICE($47.67) / TTM EPS($6.06)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.