As of Nov 21, 2024, the Washington Trust Bancorp stock's price-to-earnings ratio is 13.71. This results from the current EPS of $2.67 and stock price of $36.6. The P/E ratio has increased by 26% from the past four quarters average of 10.9.
The PE ratio of Washington Trust Bancorp has averaged 13.34 over the last ten years. The current PE ratio of 13.71 is 2.8% above 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, 5 and 10-year historical averages.
Compared to its peers INDB and BRKL, WASH's PE ratio stands lower, however it is higher than WBS's and EBTC's. Washington Trust Bancorp is presently trading at a lower PE ratio (13.71) than its peer group average of 14.52.
Stock name | PE ratio | Market cap |
---|---|---|
EBTC Enterprise Bancorp Inc | 12.56 | $452.8M |
WBS Webster Financial Corp | 13.69 | $10.37B |
WASH Washington Trust Bancorp Inc | 13.71 | $624.57M |
BRKL Brookline Bancorp Inc | 14.77 | $1.09B |
INDB Independent Bank Corp | 15.68 | $3.07B |
UNB Union Bankshares Inc | 15.92 | $140.42M |
The price to earnings ratio for WASH stock as of Nov 21, 2024, stands at 13.71.
Over the last 3 years, the average price to earnings ratio for WASH stock is 10.62.
Over the last 5 years, the average price to earnings ratio for WASH stock is 10.7.
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 2.8% above 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 (Nov 21, 2024), Washington Trust Bancorp's stock price is $36.6. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $2.67. Therefore, Washington Trust Bancorp's P/E ratio for today is 13.71. PE RATIO(13.71) = STOCK PRICE($36.6) / TTM EPS($2.67)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.