ASB Associated Banc-Corp PE ratio, current and historical analysis
The PE ratio for Associated Banc-Corp stock stands at 18.01 as of Sep 6, 2024. This is calculated based on the TTM EPS of $1.18 and the stock price of $21.25 per share. An increase of 10% has been observed in the PE ratio compared to its average of 16.3 of the past four quarters.
ASB PE ratio history
Over the last ten years, the average PE ratio of Associated Banc-Corp has been 12.97. The current 18.01 price-to-earnings ratio is 39% more than the historical average. Analyzing the last ten years, ASB's PE ratio reached its highest point in the Mar 2024 quarter at 21.73, with a price of $21.51 and an EPS of $0.99. The Jun 2020 quarter saw the lowest point at 6.36, with a price of $13.68 and an EPS of $2.15.
Associated Banc-Corp PE ratio by year
Maximum annual increase: 91.82% in 2023
Maximum annual decrease: -41.15% in 2018
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 18.76 | 91.82% |
| 2022 | 9.78 | -4.77% |
| 2021 | 10.27 | 12.61% |
| 2020 | 9.12 | -20.14% |
| 2019 | 11.42 | 10.77% |
| 2018 | 10.31 | -41.15% |
| 2017 | 17.52 | -9.92% |
| 2016 | 19.45 | 24.44% |
| 2015 | 15.63 | -1.82% |
| 2014 | 15.92 | 0.63% |
ASB average PE ratio chart
The current PE ratio of ASB is above its 3, 5 and 10-year averages.
ASB PE vs peers
When compared to its peer GBCI, ASB's PE ratio is lower, but it is higher than BPOP's and WTFC's. Associated Banc-Corp's PE ratio is trading above the peer average of 15.98.
| Stock name | PE ratio | Market cap |
|---|---|---|
| WTFC Wintrust Financial Corp | 10.6 | $6.87B |
| BUSE First Busey Corp | 13.27 | $1.48B |
| BPOP Popular Inc | 13.61 | $7B |
| ASB Associated Banc-Corp | 18.01 | $3.21B |
| GBCI Glacier Bancorp Inc | 26.45 | $4.92B |
Frequently asked questions
What is Associated Banc-Corp's PE ratio?
ASB stock has a price to earnings ratio of 18.01 as of Sep 6, 2024.
What is the 3-year average PE ratio for Associated Banc-Corp (ASB)?
Over the last 3 years, the average PE ratio for ASB stock is 11.49.
What is the 5-year average PE ratio for Associated Banc-Corp (ASB)?
Over the last 5 years, the average PE ratio for ASB stock is 10.51.
What is the highest PE ratio for ASB?
Over the last ten years, the quarterly PE ratio reached its highest level at 21.73 in the Mar 2024 quarter.
How does the current PE ratio for ASB compare to its historical average?
The current PE ratio of ASB is 39% higher than the 10-year historical average.
How is ASB's PE ratio calculated (Associated Banc-Corp PE ratio formula)?
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Sep 6, 2024), Associated Banc-Corp's share price is $21.25. The company's earnings per share for the trailing twelve months (TTM) ending Jun 2024 is $1.18. Therefore, Associated Banc-Corp's price to earnings ratio for today is 18.01. PE RATIO(18.01) = STOCK PRICE($21.25) / TTM EPS($1.18)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.