As at Jul 25, 2024, the BHLB stock has a price-to-earnings ratio of 55.98. This is based on the current EPS of $0.5 and the stock price of $27.99 per share. An increase of 183% has been recorded in the PE ratio compared to the average of 19.8 of the last four quarters.
The mean historical PE ratio of Berkshire Hills Bancorp over the last ten years is 16.9. The current 55.98 P/E ratio is similar to the historical average. In the past ten years, BHLB's PE ratio peaked in the Mar 2024 quarter at 45.84, with a price of $22.92 and an EPS of $0.5. The Sep 2023 quarter marked the lowest point at 8.68, with a price of $20.05 and an EPS of $2.31.
Maximum annual increase: 41.6% in 2019
Maximum annual decrease: -55.13% in 2018
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 15.42 | 4.68% |
| 2022 | 14.73 | 24.83% |
| 2021 | 11.8 | N/A |
| 2020 | N/A | N/A |
| 2019 | 16.61 | 41.6% |
| 2018 | 11.73 | -55.13% |
| 2017 | 26.14 | 34.05% |
| 2016 | 19.5 | 16.56% |
| 2015 | 16.73 | -14.64% |
| 2014 | 19.6 | 19.29% |
Currently, BHLB's PE ratio is higher than its 3, 5 and 10-year historical averages.
BHLB's PE ratio stands higher than its peer stocks BRKL and CBNK.
| Stock name | PE ratio | Market cap |
|---|---|---|
| CBNK Capital Bancorp Inc | 11.04 | $358.77M |
| BRKL Brookline Bancorp Inc | 11.29 | $933.39M |
| BHLB Berkshire Hills Bancorp Inc | 56.08 | $1.21B |
BHLB stock has a price to earnings ratio of 55.98 as of Jul 25, 2024.
Over the last 3 years, the average price to earnings ratio for BHLB stock is 14.94.
Over the last 5 years, the average price to earnings ratio for BHLB stock is 15.38.
Within the last ten years, the current PE ratio is at its peak with a value of 55.98.
BHLB's current price to earnings ratio is 231% above its 10-year historical average.
You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (Jul 25, 2024), Berkshire Hills Bancorp's stock price is $27.99. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $0.5. Therefore, Berkshire Hills Bancorp's PE ratio for today is 55.98. PE RATIO(55.98) = STOCK PRICE($27.99) / TTM EPS($0.5)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.