As of May 7, 2024, the Washington Federal stock's PE ratio is 10.94. This takes into account the latest EPS of $2.63 and stock price of $28.76. The PE ratio marks an increase of 28% from its last 4 quarters average of 8.5.
The PE ratio of Washington Federal has averaged 12.87 over the last ten years. The current P/E ratio of 10.94 is 15% lower 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.
Maximum annual increase: 55.58% in 2021
Maximum annual decrease: -38.58% in 2022
| Year | PE ratio | Change |
|---|---|---|
| 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% |
| 2014 | 13.05 | -8.49% |
WAFD's current PE ratio is higher than the 3-year average, but it is lower than its 5 and 10-year averages.
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 14.75.
| Stock name | PE ratio | Market cap |
|---|---|---|
| FSBW FS Bancorp Inc | 6.84 | $247.21M |
| TSBK Timberland Bancorp Inc | 7.97 | $206M |
| RVSB Riverview Bancorp Inc | 8.72 | $86.56M |
| BYFC Broadway Financial Corp | 9.81 | $43.7M |
| WAFD Washington Federal Inc | 10.94 | $2.34B |
| TBNK Territorial Bancorp Inc | 13.97 | $71.5M |
| SMPL Simply Good Foods Co | 26.45 | $3.73B |
| FFNW First Financial Northwest Inc | 29.52 | $186.88M |
| BANC Banc Of California Inc | N/A | $2.33B |
The price to earnings ratio for WAFD stock as of May 7, 2024, stands at 10.94.
The average PE ratio for WAFD stock over the past 3 years is 10.25.
The average PE ratio for WAFD stock over the past 5 years is 11.13.
The highest quarterly PE ratio in the last ten years has been 18.37 and it was in the Dec 2016 quarter.
WAFD's price to earnings ratio is currently 15% below its 10-year historical average.
The P/E ratio is obtained by dividing the latest price of a stock by its trailing twelve months EPS. As of today (May 7, 2024), Washington Federal's share price is $28.76. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $2.63. Therefore, Washington Federal's PE ratio for today is 10.94. PE RATIO(10.94) = STOCK PRICE($28.76) / TTM EPS($2.63)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.