Back to ASB overview

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

The PE ratio for Associated Banc-Corp stock stands at 6.55 as of Oct 2, 2023. This is calculated based on the TTM EPS of $2.55 and the stock price of $16.71 per share. A decrease of 19% has been observed in the PE ratio compared to its average of 8.1 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 12.87. The current 6.55 price-to-earnings ratio is 49% less 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.

Average
12.87
Median
14.49
Minimum
6.36
Maximum
19.45

Associated Banc-Corp PE ratio by year

Maximum annual increase: 24.44% in 2016

Maximum annual decrease: -41.15% in 2018

Year PE ratio Change
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%
2013 15.82 20.58%

ASB average PE ratio chart

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

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

3-year avg
9.34
5-year avg
9.27
10-year avg
12.87
15-year avg
17.02

ASB PE vs peers

What is ASB's PE ratio compared to its peers

When compared to its peers WTFC and GBCI, ASB's PE ratio is lower, but it is higher than BPOP's. Associated Banc-Corp's PE ratio is trading below the peer average of 7.85.

Stock name PE ratio Market cap
BPOP Popular Inc 4.45 $4.36B
ASB Associated Banc-Corp 6.45 $2.48B
WTFC Wintrust Financial Corp 7.4 $4.43B
BUSE First Busey Corp 7.61 $1.03B
GBCI Glacier Bancorp Inc 11.32 $3.12B

Frequently asked questions

What is Associated Banc-Corp's PE ratio?

ASB stock has a price to earnings ratio of 6.55 as of Oct 2, 2023.

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 9.34.

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 9.27.

What is the highest PE ratio for ASB?

Over the last ten years, the quarterly PE ratio reached its highest level at 19.45 in the Dec 2016 quarter.

How does the current PE ratio for ASB compare to its historical average?

The current PE ratio of ASB is 49% lower than the 10-year historical average.

Why is Associated Banc-Corp's PE ratio so low?

ASB's PE ratio is low because the stock price is relatively cheap compared to the earnings generated by the company.

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 (Oct 2, 2023), Associated Banc-Corp's share price is $16.71. The company's earnings per share for the trailing twelve months (TTM) ending Jun 2023 is $2.55. Therefore, Associated Banc-Corp's price to earnings ratio for today is 6.55. PE RATIO(6.55) = STOCK PRICE($16.71) / TTM EPS($2.55)

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