The PE ratio for Associated Banc-Corp stock stands at 18.92 as of Apr 26, 2024. This is calculated based on the TTM EPS of $1.14 and the stock price of $21.57 per share. An increase of 93% has been observed in the PE ratio compared to its average of 9.8 of the past four quarters.
Over the last ten years, the average PE ratio of Associated Banc-Corp has been 12.7. The current 18.92 price-to-earnings ratio is 49% more than the historical average. Analyzing the last ten years, ASB's PE ratio reached its highest point in the Dec 2016 quarter at 19.45, with a price of $24.7 and an EPS of $1.27. The Jun 2020 quarter saw the lowest point at 6.36, with a price of $13.68 and an EPS of $2.15.
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% |
The current PE ratio of ASB is above its 3, 5 and 10-year averages.
When compared to its peer stocks BPOP and WTFC, ASB's PE ratio is higher. Associated Banc-Corp's PE ratio is trading above the peer average of 12.62.
| Stock name | PE ratio | Market cap |
|---|---|---|
| WTFC Wintrust Financial Corp | 10.19 | $6.09B |
| BUSE First Busey Corp | 10.32 | $1.26B |
| BPOP Popular Inc | 11.5 | $6.26B |
| GBCI Glacier Bancorp Inc | 18.47 | $4.21B |
| ASB Associated Banc-Corp | 18.92 | $3.26B |
ASB stock has a price to earnings ratio of 18.92 as of Apr 26, 2024.
Over the last 3 years, the average PE ratio for ASB stock is 9.96.
Over the last 5 years, the average PE ratio for ASB stock is 9.53.
Over the last ten years, the quarterly PE ratio reached its highest level at 19.45 in the Dec 2016 quarter.
The current PE ratio of ASB is 49% higher than the 10-year historical average.
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Apr 26, 2024), Associated Banc-Corp's share price is $21.57. The company's earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $1.14. Therefore, Associated Banc-Corp's price to earnings ratio for today is 18.92. PE RATIO(18.92) = STOCK PRICE($21.57) / TTM EPS($1.14)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.