ASB Associated Banc-Corp PE ratio, current and historical analysis
The PE ratio for Associated Banc-Corp stock stands at 19.83 as of Dec 20, 2024. This is calculated based on the TTM EPS of $1.21 and the stock price of $23.99 per share. An increase of 4.1% has been observed in the PE ratio compared to its average of 19.1 of the past four quarters.
ASB PE ratio history
Over the last ten years, the average PE ratio of Associated Banc-Corp has been 13.03. The current 19.83 price-to-earnings ratio is 52% 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 WTFC's and BPOP's. Associated Banc-Corp's PE ratio is trading above the peer average of 17.16.
| Stock name | PE ratio | Market cap |
|---|---|---|
| BUSE First Busey Corp | 12.25 | $1.37B |
| BPOP Popular Inc | 12.44 | $6.54B |
| WTFC Wintrust Financial Corp | 12.81 | $8.26B |
| ASB Associated Banc-Corp | 19.83 | $3.63B |
| GBCI Glacier Bancorp Inc | 31.14 | $5.72B |
Frequently asked questions
What is Associated Banc-Corp's PE ratio?
ASB stock has a price to earnings ratio of 19.83 as of Dec 20, 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 12.12.
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 10.89.
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 52% 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 (Dec 20, 2024), Associated Banc-Corp's share price is $23.99. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $1.21. Therefore, Associated Banc-Corp's price to earnings ratio for today is 19.83. PE RATIO(19.83) = STOCK PRICE($23.99) / TTM EPS($1.21)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.