WAFD Washington Federal PE ratio, current and historical analysis
As of Nov 21, 2024, the Washington Federal stock's PE ratio is 14.54. This takes into account the latest EPS of $2.5 and stock price of $36.35. The PE ratio marks an increase of 26% from its last 4 quarters average of 11.5.
WAFD PE ratio history
The PE ratio of Washington Federal has averaged 12.82 over the last ten years. The current P/E ratio of 14.54 is 13% higher than the historical average. Looking back at the last ten years, WAFD's PE ratio peaked in the Dec 2016 quarter at 18.37, when the price was $34.35 and the EPS was $1.87. The lowest point was in the Jun 2023 quarter, when it reached 6.52 with a price of $26.52 and an EPS of $4.07.
Washington Federal PE ratio by year
Maximum annual increase: 102.32% in 2024
Maximum annual decrease: -38.58% in 2022
| Year | PE ratio | Change |
|---|---|---|
| 2024 | 13.94 | 102.32% |
| 2023 | 6.89 | -21.88% |
| 2022 | 8.82 | -38.58% |
| 2021 | 14.36 | 55.58% |
| 2020 | 9.23 | -34.86% |
| 2019 | 14.17 | 6.3% |
| 2018 | 13.33 | -22.77% |
| 2017 | 17.26 | 15.76% |
| 2016 | 14.91 | 10.12% |
| 2015 | 13.54 | 3.75% |
WAFD average PE ratio chart
WAFD's current PE ratio is higher than the 3, 5 and 10-year averages.
WAFD PE vs peers
In comparison to its peers SMPL and FFNW, WAFD's PE ratio is lower, but it is higher than FSBW's and TSBK's. Washington Federal's PE ratio is trading below the peer average of 18.27.
| Stock name | PE ratio | Market cap |
|---|---|---|
| FSBW FS Bancorp Inc | 9.63 | $360.45M |
| TSBK Timberland Bancorp Inc | 10.84 | $263.28M |
| WAFD Washington Federal Inc | 14.54 | $2.96B |
| BYFC Broadway Financial Corp | 24.45 | $64.61M |
| SMPL Simply Good Foods Co | 28.14 | $3.92B |
| RVSB Riverview Bancorp Inc | 108.4 | $114.19M |
| FFNW First Financial Northwest Inc | 204.27 | $207.4M |
| TBNK Territorial Bancorp Inc | N/A | $95.56M |
| BANC Banc Of California Inc | N/A | $2.6B |
Frequently asked questions
What is Washington Federal's PE ratio?
The price to earnings ratio for WAFD stock as of Nov 21, 2024, stands at 14.54.
What is the 3-year average PE ratio for Washington Federal (WAFD)?
The average PE ratio for WAFD stock over the past 3 years is 9.93.
What is the 5-year average PE ratio for Washington Federal (WAFD)?
The average PE ratio for WAFD stock over the past 5 years is 11.02.
What is the highest PE ratio for WAFD?
The highest quarterly PE ratio in the last ten years has been 18.37 and it was in the Dec 2016 quarter.
How does the current PE ratio for WAFD compare to its historical average?
WAFD's price to earnings ratio is currently 13% above its 10-year historical average.
How is WAFD's PE ratio calculated (Washington Federal PE ratio formula)?
The P/E ratio is obtained by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Nov 21, 2024), Washington Federal's share price is $36.35. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $2.5. Therefore, Washington Federal's PE ratio for today is 14.54. PE RATIO(14.54) = STOCK PRICE($36.35) / TTM EPS($2.5)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.