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.
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.
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 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 |
ASB stock has a price to earnings ratio of 18.01 as of Sep 6, 2024.
Over the last 3 years, the average PE ratio for ASB stock is 11.49.
Over the last 5 years, the average PE ratio for ASB stock is 10.51.
Over the last ten years, the quarterly PE ratio reached its highest level at 21.73 in the Mar 2024 quarter.
The current PE ratio of ASB is 39% 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 (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.