As of Apr 19, 2024, the Zions Bancorporation National Association stock's PE ratio is 9.18. This takes into account the latest EPS of $4.35 and stock price of $39.92. The PE ratio marks an increase of 39% from its last 4 quarters average of 6.6.
The PE ratio of Zions Bancorporation National Association has averaged 14.0 over the last ten years. The current P/E ratio of 9.18 is 34% lower than the historical average. Looking back at the last ten years, ZION's PE ratio peaked in the Jun 2015 quarter at 29.38, when the price was $31.74 and the EPS was $1.08. The lowest point was in the Jun 2023 quarter, when it reached 4.73 with a price of $26.86 and an EPS of $5.68.
Maximum annual increase: 34.06% in 2015
Maximum annual decrease: -50.21% in 2018
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 10.09 | 18.99% |
| 2022 | 8.48 | -8.72% |
| 2021 | 9.29 | -34.58% |
| 2020 | 14.2 | 20.65% |
| 2019 | 11.77 | 26.02% |
| 2018 | 9.34 | -50.21% |
| 2017 | 18.76 | -12.83% |
| 2016 | 21.52 | -5.41% |
| 2015 | 22.75 | 34.06% |
| 2014 | 16.97 | -10.5% |
Currently, ZION's PE ratio is higher than the 3-year average, but it is lower than its 5 and 10-year averages.
ZION's PE ratio stands lower than its peer stocks USB and GBCI, but it is higher than WAL's and NBHC's. Zions Bancorporation National Association's current PE ratio of 9.18 is lower than the average of its peers, which is 11.79.
| Stock name | PE ratio | Market cap |
|---|---|---|
| WAL Western Alliance Bancorporation | 8.77 | $6.33B |
| NBHC National Bank Holdings Corp | 9.09 | $1.28B |
| ZION Zions Bancorporation National Association | 9.18 | $5.91B |
| FIBK First Interstate Bancsystem Inc | 10.32 | $2.66B |
| USB Us Bancorp | 12.37 | $63.03B |
| GBCI Glacier Bancorp Inc | 18.38 | $4.19B |
ZION's price to earnings ratio is 9.18 as of Apr 19, 2024.
The 3-year average price to earnings ratio for ZION stock is 8.23.
The 5-year average price to earnings ratio for ZION stock is 9.52.
Over the last ten years, the Jun 2015 quarter recorded the highest quarterly PE ratio at 29.38.
ZION's price to earnings ratio is currently 34% below its 10-year historical average.
ZION's PE ratio of 9.18 is considered low because the company's stock price is trading at a lower multiple of earnings.
The P/E ratio is calculated by taking the latest stock price and dividing it by the EPS for the last 12 months. As of today (Apr 19, 2024), Zions Bancorporation National Association's share price is $39.92. The company's earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $4.35. Therefore, Zions Bancorporation National Association's PE ratio for today is 9.18. PE RATIO(9.18) = STOCK PRICE($39.92) / TTM EPS($4.35)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.