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BHLB Berkshire Hills Bancorp PE ratio, current and historical analysis

As at Jun 20, 2024, the BHLB stock has a price-to-earnings ratio of 42.7. This is based on the current EPS of $0.5 and the stock price of $21.35 per share. An increase of 116% has been recorded in the PE ratio compared to the average of 19.8 of the last four quarters.

BHLB PE ratio history

How has BHLB's PE ratio performed in the past

The mean historical PE ratio of Berkshire Hills Bancorp over the last ten years is 16.98. The current 42.7 P/E ratio is 151% higher than 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.

Average
16.98
Median
16.15
Minimum
8.68
Maximum
45.84

Berkshire Hills Bancorp PE ratio by year

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%

BHLB average PE ratio chart

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

Currently, BHLB's PE ratio is higher than its 3, 5 and 10-year historical averages.

3-year avg
15.31
5-year avg
15.38
10-year avg
16.98
15-year avg
17.94

BHLB PE vs peers

What is BHLB's PE ratio compared to its peers

BHLB's PE ratio stands higher than its peer stocks BRKL and CBNK.

Stock name PE ratio Market cap
CBNK Capital Bancorp Inc 8.53 $277.22M
BRKL Brookline Bancorp Inc 8.82 $728.94M
BHLB Berkshire Hills Bancorp Inc 42.46 $919.11M

Frequently asked questions

What is Berkshire Hills Bancorp's PE ratio?

BHLB stock has a price to earnings ratio of 42.7 as of Jun 20, 2024.

What is the 3-year average PE ratio for Berkshire Hills Bancorp (BHLB)?

Over the last 3 years, the average price to earnings ratio for BHLB stock is 15.31.

What is the 5-year average PE ratio for Berkshire Hills Bancorp (BHLB)?

Over the last 5 years, the average price to earnings ratio for BHLB stock is 15.38.

What is the highest PE ratio for BHLB?

In the last ten years, the Mar 2024 quarter recorded the highest quarterly PE ratio at 45.84.

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

BHLB's current price to earnings ratio is 151% above its 10-year historical average.

How is BHLB's PE ratio calculated (Berkshire Hills Bancorp PE ratio formula)?

You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (Jun 20, 2024), Berkshire Hills Bancorp's stock price is $21.35. 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 42.7. PE RATIO(42.7) = STOCK PRICE($21.35) / TTM EPS($0.5)

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