WTBA
West Bancorporation
PE ratio, current and historical analysis
- Stocks
- Financial Services
- NASDAQ: WTBA
- PE Ratio
As of Jun 22, 2026, the West Bancorporation stock's P/E ratio is 12.13. This takes into account the latest EPS of $2.07 and stock price of $25.11. The PE ratio has increased by 7% from its last 4 quarters average of 11.3.
WTBA PE ratio history
The PE ratio of West Bancorporation has averaged 12.21 over the last ten years. The current price-to-earnings ratio of 12.13 is in line with the historical average. Analyzing the last ten years, WTBA's PE ratio reached its highest point in the Dec 2017 quarter at 17.71, when the price was $25.15 and the EPS was $1.42. The lowest point was recorded in the Sep 2022 quarter, when it reached 6.98 with a price of $20.81 and an EPS of $2.98.
West Bancorporation PE ratio by year
Maximum annual increase: 60.7% in 2023
Maximum annual decrease: -38.4% in 2018
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2025 | 11.56 | -23.65% | $22.19 | $1.92 |
| 2024 | 15.14 | 2.85% | $21.65 | $1.43 |
| 2023 | 14.72 | 60.7% | $21.2 | $1.44 |
| 2022 | 9.16 | -11.58% | $25.55 | $2.79 |
| 2021 | 10.36 | 6.8% | $31.07 | $3 |
| 2020 | 9.7 | -33.79% | $19.3 | $1.99 |
| 2019 | 14.65 | 34.28% | $25.63 | $1.75 |
| 2018 | 10.91 | -38.4% | $19.09 | $1.75 |
| 2017 | 17.71 | 2.55% | $25.15 | $1.42 |
| 2016 | 17.27 | 18.05% | $24.7 | $1.43 |
| 2015 | 14.63 | 7.42% | $19.75 | $1.35 |
| 2014 | 13.62 | -12.19% | $17.02 | $1.25 |
| 2013 | 15.51 | 32.34% | $15.82 | $1.02 |
| 2012 | 11.72 | -9.5% | $10.78 | $0.92 |
| 2011 | 12.95 | 6.41% | $9.58 | $0.74 |
West Bancorporation PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Mar 2026 | 11.49 | -0.61% | $23.79 | $2.07 |
| Dec 2025 | 11.56 | 8.65% | $22.19 | $1.92 |
| Sep 2025 | 10.64 | -7.32% | $20.32 | $1.91 |
| Jun 2025 | 11.48 | -10.73% | $19.63 | $1.71 |
| Mar 2025 | 12.86 | -15.06% | $19.94 | $1.55 |
| Dec 2024 | 15.14 | 1.95% | $21.65 | $1.43 |
| Sep 2024 | 14.85 | 6.22% | $19.01 | $1.28 |
| Jun 2024 | 13.98 | 3.48% | $17.9 | $1.28 |
| Mar 2024 | 13.51 | -8.22% | $17.83 | $1.32 |
| Dec 2023 | 14.72 | 54.3% | $21.2 | $1.44 |
| Sep 2023 | 9.54 | 6.71% | $16.31 | $1.71 |
| Jun 2023 | 8.94 | 20.81% | $18.41 | $2.06 |
| Mar 2023 | 7.4 | -19.21% | $18.27 | $2.47 |
| Dec 2022 | 9.16 | 31.23% | $25.55 | $2.79 |
| Sep 2022 | 6.98 | -12.53% | $20.81 | $2.98 |
WTBA Price vs fair value
WTBA average PE ratio chart
What this chart measures
The Historical Valuation Regime chart shows where the stock's current valuation sits relative to its own historical valuation range over the selected lookback period.
This is a history-relative tool, not a market-relative percentile. It does not compare the stock to other companies. Instead, it compares each historical valuation reading to the stock's own past readings.
Percentile logic
The threshold lines are calculated them from the stock's real historical values using percentile interpolation. That is why some colored bands are narrow while others are wide: the band widths reflect how the stock actually traded through time.
Regime map
| Historical percentile | Regime | Chart meaning |
|---|---|---|
| 0-10 | Historically Low | Deep cheap zone |
| >10-25 | Below Average | Cheap relative to history |
| >25-75 | Average | Within the normal historical range |
| >75-90 | Above Average | Expensive relative to history |
| >90-100 | Historically High | Extreme or stretched valuation |
How to read each part
| Chart element | What it tells you |
|---|---|
| Main line | The actual historical valuation values over time for the selected metric. |
| Dashed horizontal lines | The stock's computed P10, P25, Median, P75, and P90 thresholds for the selected period. |
| Colored bands | The historical valuation zones between those thresholds. |
| Metric boxes | Current ratio, historical median, current percentile, and current regime. |
| Timeline strip | A condensed regime history showing how the stock moved between cheap, fair, and expensive states across each observation. |
Important metric definitions
Current Percentile is the percentile rank of the latest valid historical observation within the selected lookback range.
Current Regime is assigned directly from the latest observation's percentile bucket using the fixed 10 / 25 / 75 / 90 cutoffs shown above.
How to use it well
This chart is most useful for answering a narrow question: Is this stock trading high, low, or normal relative to its own history? It works best alongside growth, profitability, and forward-looking business analysis, because a stock can deserve a higher or lower regime if its business quality has changed.
Currently, WTBA's PE ratio is above its 5-year average, but it is under its 3 and 10-year averages.
PE comparison
West Bancorporation's price to earnings (P/E) of 12.13 is higher than its peers average but lower than the Financial Services sector and the industry average. Looking at the Financial Services sector average of 12.78, West Bancorporation's price to earnings (P/E) is 5% lower.
WTBA PE vs peers
When compared to its peers CBSH and ATLO, WTBA's PE ratio is lower, but it is higher than UMBF's and EFSC's. West Bancorporation's current PE ratio of 12.13 is more than the average of its peers, which is 11.71.
| Stock name | PE ratio | Market cap |
|---|---|---|
| LARK Landmark Bancorp Inc | 9.55 | $182.93M |
| HWBK Hawthorn Bancshares Inc | 11.39 | $274.97M |
| QCRH Qcr Holdings Inc | 11.93 | $1.58B |
| GSBC Great Southern Bancorp Inc | 11.95 | $826.47M |
| EFSC Enterprise Financial Services Corp | 12.16 | $2.37B |
| UMBF Umb Financial Corp | 12.28 | $10.6B |
| WTBA West Bancorporation Inc | 12.38 | $436.43M |
| ATLO Ames National Corp | 12.75 | $273.25M |
| CBSH Commerce Bancshares Inc | 13.75 | $8.16B |
Frequently asked questions
What is West Bancorporation's PE ratio?
WTBA stock has a price to earnings ratio of 12.13 as of Jun 22, 2026.
What is the 3-year average PE ratio for West Bancorporation (WTBA)?
The average PE ratio for WTBA stock over the past 3 years is 12.39.
What is the 5-year average PE ratio for West Bancorporation (WTBA)?
The average PE ratio for WTBA stock over the past 5 years is 11.06.
What is the highest PE ratio for WTBA?
Over the last ten years, the Dec 2017 quarter recorded the highest quarterly PE ratio at 17.71.
How does the current PE ratio for WTBA compare to its historical average?
WTBA's price to earnings ratio is currently 0.7% below its 10-year historical average.
How is WTBA's PE ratio calculated (West Bancorporation PE ratio formula)?
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Jun 22, 2026), West Bancorporation's share price is $25.11. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2026 is $2.07. Therefore, West Bancorporation's price to earnings ratio for today is 12.13. PE RATIO(12.13) = STOCK PRICE($25.11) / TTM EPS($2.07)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.