As of Jul 25, 2024, the Washington Trust Bancorp stock's price-to-earnings ratio is 11.98. This results from the current EPS of $2.71 and stock price of $32.47. The P/E ratio has increased by 26% from the past four quarters average of 9.5.
The PE ratio of Washington Trust Bancorp has averaged 13.47 over the last ten years. The current PE ratio of 11.98 is 11% 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.
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's current P/E ratio is above the 3 and 5-year historical averages, but it is lower than the 10-year average.
Compared to its peer INDB, WASH's PE ratio stands lower, however it is higher than WBS's and BRKL's. Washington Trust Bancorp is presently trading at a higher PE ratio (11.98) than its peer group average of 10.79.
| Stock name | PE ratio | Market cap |
|---|---|---|
| WBS Webster Financial Corp | 10.04 | $8.44B |
| EBTC Enterprise Bancorp Inc | 10.16 | $365.92M |
| UNB Union Bankshares Inc | 11.03 | $118.09M |
| BRKL Brookline Bancorp Inc | 11.29 | $933.39M |
| WASH Washington Trust Bancorp Inc | 12.04 | $556.48M |
| INDB Independent Bank Corp | 12.38 | $2.72B |
The price to earnings ratio for WASH stock as of Jul 25, 2024, stands at 11.98.
Over the last 3 years, the average price to earnings ratio for WASH stock is 10.67.
Over the last 5 years, the average price to earnings ratio for WASH stock is 10.72.
In the last ten years, the Dec 2016 quarter recorded the highest quarterly PE ratio at 20.61.
WASH's price to earnings ratio is currently 11% below its 10-year historical average.
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 (Jul 25, 2024), Washington Trust Bancorp's stock price is $32.47. 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 11.98. PE RATIO(11.98) = STOCK PRICE($32.47) / TTM EPS($2.71)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.