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WASH Washington Trust Bancorp PE ratio, current and historical analysis

As of Jun 14, 2024, the Washington Trust Bancorp stock's price-to-earnings ratio is 9.32. This results from the current EPS of $2.71 and stock price of $25.26. The current PE ratio is nearly equal to the average from the previous four quarters.

WASH PE ratio history

How has WASH's PE ratio performed in the past

The PE ratio of Washington Trust Bancorp has averaged 13.52 over the last ten years. The current PE ratio of 9.32 is 31% below the historical average. In the past ten years, WASH's PE ratio was at its highest in the Dec 2016 quarter at 20.61, when the stock price was $56.05 and the EPS was $2.72. The lowest value was in the Jun 2023 quarter, when it reached 7.77 with a price of $26.81 and an EPS of $3.45.

Average
13.52
Median
12.9
Minimum
7.77
Maximum
20.61

Washington Trust Bancorp PE ratio by year

Maximum annual increase: 34.01% in 2016

Maximum annual decrease: -39.91% in 2018

Year PE ratio Change
2023 11.48 0.7%
2022 11.4 -10.38%
2021 12.72 14.39%
2020 11.12 -17.75%
2019 13.52 12.39%
2018 12.03 -39.91%
2017 20.02 -2.86%
2016 20.61 34.01%
2015 15.38 -6.62%
2014 16.47 -3.51%

WASH average PE ratio chart

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

WASH's current P/E ratio is lower than the 3, 5 and 10-year averages.

3-year avg
10.77
5-year avg
10.84
10-year avg
13.52
15-year avg
13.78

WASH PE vs peers

What is WASH's PE ratio compared to its peers

Compared to its peer stocks WBS and INDB, WASH's PE ratio stands higher. Washington Trust Bancorp is presently trading at a higher PE ratio (9.32) than its peer group average of 8.59.

Stock name PE ratio Market cap
EBTC Enterprise Bancorp Inc 7.97 $286.97M
WBS Webster Financial Corp 8.09 $6.8B
BRKL Brookline Bancorp Inc 8.76 $724.49M
INDB Independent Bank Corp 8.97 $1.97B
UNB Union Bankshares Inc 9.15 $97.98M
WASH Washington Trust Bancorp Inc 9.32 $430.79M

Frequently asked questions

What is Washington Trust Bancorp's PE ratio?

The price to earnings ratio for WASH stock as of Jun 14, 2024, stands at 9.32.

What is the 3-year average PE ratio for Washington Trust Bancorp (WASH)?

Over the last 3 years, the average price to earnings ratio for WASH stock is 10.77.

What is the 5-year average PE ratio for Washington Trust Bancorp (WASH)?

Over the last 5 years, the average price to earnings ratio for WASH stock is 10.84.

What is the highest PE ratio for WASH?

In the last ten years, the Dec 2016 quarter recorded the highest quarterly PE ratio at 20.61.

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

WASH's price to earnings ratio is currently 31% below its 10-year historical average.

Why is Washington Trust Bancorp's PE ratio so low?

WASH's PE ratio is low because the stock price is relatively cheap compared to the earnings generated by the company.

How is WASH's PE ratio calculated (Washington Trust 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 (Jun 14, 2024), Washington Trust Bancorp's stock price is $25.26. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $2.71. Therefore, Washington Trust Bancorp's P/E ratio for today is 9.32. PE RATIO(9.32) = STOCK PRICE($25.26) / TTM EPS($2.71)

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