As of Jul 25, 2024, the Washington Federal stock's PE ratio is 13.26. This takes into account the latest EPS of $2.63 and stock price of $34.87. The PE ratio marks an increase of 55% from its last 4 quarters average of 8.5.
The PE ratio of Washington Federal has averaged 12.84 over the last ten years. The current P/E ratio of 13.26 is 3.3% 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.
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, 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 16.79.
| Stock name | PE ratio | Market cap |
|---|---|---|
| FSBW FS Bancorp Inc | 9.39 | $339.83M |
| TSBK Timberland Bancorp Inc | 10.21 | $252.35M |
| WAFD Washington Federal Inc | 13.63 | $2.92B |
| BYFC Broadway Financial Corp | 17 | $46.57M |
| SMPL Simply Good Foods Co | 23.12 | $3.38B |
| RVSB Riverview Bancorp Inc | 24.72 | $93.94M |
| TBNK Territorial Bancorp Inc | 41.16 | $90.88M |
| FFNW First Financial Northwest Inc | 67.67 | $204.86M |
| BANC Banc Of California Inc | N/A | $2.28B |
The price to earnings ratio for WAFD stock as of Jul 25, 2024, stands at 13.26.
The average PE ratio for WAFD stock over the past 3 years is 9.83.
The average PE ratio for WAFD stock over the past 5 years is 11.01.
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 3.3% above 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 (Jul 25, 2024), Washington Federal's share price is $34.87. 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 13.26. PE RATIO(13.26) = STOCK PRICE($34.87) / TTM EPS($2.63)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.