The PE ratio for Associated Banc-Corp stock stands at 24.17 as of Jul 25, 2024. This is calculated based on the TTM EPS of $0.99 and the stock price of $23.93 per share. An increase of 80% has been observed in the PE ratio compared to its average of 13.5 of the past four quarters.
Over the last ten years, the average PE ratio of Associated Banc-Corp has been 12.84. The current 24.17 price-to-earnings ratio is 88% 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.
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 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 16.56.
| Stock name | PE ratio | Market cap |
|---|---|---|
| WTFC Wintrust Financial Corp | 11.23 | $6.8B |
| BUSE First Busey Corp | 14.13 | $1.61B |
| BPOP Popular Inc | 15.23 | $7.42B |
| ASB Associated Banc-Corp | 24.19 | $3.61B |
| GBCI Glacier Bancorp Inc | 26.42 | $5.24B |
ASB stock has a price to earnings ratio of 24.17 as of Jul 25, 2024.
Over the last 3 years, the average PE ratio for ASB stock is 10.9.
Over the last 5 years, the average PE ratio for ASB stock is 10.12.
Within the last ten years, the current price to earnings ratio is at its peak with a value of 24.17.
The current PE ratio of ASB is 88% 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 (Jul 25, 2024), Associated Banc-Corp's share price is $23.93. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $0.99. Therefore, Associated Banc-Corp's price to earnings ratio for today is 24.17. PE RATIO(24.17) = STOCK PRICE($23.93) / TTM EPS($0.99)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.