Back to ASB overview

ASB Associated Banc-Corp PE ratio, current and historical analysis

The PE ratio for Associated Banc-Corp stock stands at 21.45 as of May 24, 2024. This is calculated based on the TTM EPS of $0.99 and the stock price of $21.24 per share. An increase of 59% has been observed in the PE ratio compared to its average of 13.5 of the past four quarters.

ASB PE ratio history

How has ASB's PE ratio performed in the past

Over the last ten years, the average PE ratio of Associated Banc-Corp has been 12.93. The current 21.45 price-to-earnings ratio is 66% 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.

Average
12.93
Median
12.96
Minimum
6.36
Maximum
21.73

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

What is the average PE ratio of ASB for the past years

The current PE ratio of ASB is above its 3, 5 and 10-year averages.

3-year avg
10.94
5-year avg
10.14
10-year avg
12.93
15-year avg
17.01

ASB PE vs peers

What is ASB's PE ratio compared to its 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 14.04.

Stock name PE ratio Market cap
WTFC Wintrust Financial Corp 9.96 $6.03B
BUSE First Busey Corp 11.4 $1.3B
BPOP Popular Inc 13.24 $6.45B
ASB Associated Banc-Corp 21.45 $3.2B
GBCI Glacier Bancorp Inc 21.55 $4.28B

Frequently asked questions

What is Associated Banc-Corp's PE ratio?

ASB stock has a price to earnings ratio of 21.45 as of May 24, 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 10.94.

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 10.14.

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 66% 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 (May 24, 2024), Associated Banc-Corp's share price is $21.24. 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 21.45. PE RATIO(21.45) = STOCK PRICE($21.24) / TTM EPS($0.99)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.