The price-to-earnings ratio for Byline Bancorp stock stands at 8.5 as of May 4, 2024. This is based on the current EPS of $2.74 and the stock price of $23.28 per share. An increase of 9% has been recorded in the PE ratio compared to the average of 7.8 of the past four quarters.
Over the last seven years, the average PE ratio of Byline Bancorp has been 16.13. The current 8.5 price-to-earnings ratio is 47% less than the historical average. In the past seven years, BY's PE ratio reached its highest point in the Mar 2018 quarter at 69.48, with a price of $22.93 and an EPS of $0.33. The Sep 2017 quarter saw the lowest point at 5.96, with a price of $21.26 and an EPS of $3.57.
Maximum annual increase: 24.15% in 2020
Maximum annual decrease: -76.62% in 2018
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 8.76 | -9.6% |
| 2022 | 9.69 | -13.17% |
| 2021 | 11.16 | -30.64% |
| 2020 | 16.09 | 24.15% |
| 2019 | 12.96 | -5.88% |
| 2018 | 13.77 | -76.62% |
| 2017 | 58.9 | N/A |
| 2016 | N/A | N/A |
| 2015 | N/A | N/A |
Currently, BY's PE ratio is lower than the 3 and 5-year averages.
When compared to its peer stocks NRIM and NKSH, BY's PE ratio is lower.
| Stock name | PE ratio | Market cap |
|---|---|---|
| BY Byline Bancorp Inc | 8.5 | $1.03B |
| NRIM Northrim Bancorp Inc | 9.55 | $271.4M |
| NKSH National Bankshares Inc | 10.36 | $162.49M |
BY's price to earnings ratio is 8.5 as of May 4, 2024.
Over the last 3 years, the average PE ratio for BY stock is 9.45.
Over the last 5 years, the average PE ratio for BY stock is 10.55.
In the last seven years, the Mar 2018 quarter recorded the highest quarterly PE ratio at 69.48.
BY's current price to earnings ratio is 47% below its 7-year historical average.
BY's PE ratio is low because its earnings per share (EPS) is high relative to its stock price.
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (May 4, 2024), Byline Bancorp's stock price is $23.28. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $2.74. Therefore, Byline Bancorp's price to earnings ratio for today is 8.5. PE RATIO(8.5) = STOCK PRICE($23.28) / TTM EPS($2.74)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.