The PE ratio for Citizens Financial Group stock stands at 15.5 as of Jul 25, 2024. The calculation is based on the latest EPS of $2.79 and the stock price of $43.24 per share. An increase of 72% has been observed in the PE ratio compared to its average of 9.0 of the last four quarters.
Over the last ten years, the average PE ratio of Citizens Financial Group has been 11.77. The current 15.5 P/E ratio is 32% higher than the historical average. Looking back at the last ten years, CFG's PE ratio peaked in the Jun 2015 quarter at 19.1, with a price of $27.31 and an EPS of $1.43. The Jun 2023 quarter marked the lowest point at 5.89, with a price of $26.08 and an EPS of $4.43.
Maximum annual increase: 51.55% in 2020
Maximum annual decrease: -43.39% in 2021
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 10.55 | 10.36% |
| 2022 | 9.56 | 4.82% |
| 2021 | 9.12 | -43.39% |
| 2020 | 16.11 | 51.55% |
| 2019 | 10.63 | 26.55% |
| 2018 | 8.4 | -34.78% |
| 2017 | 12.88 | -28.8% |
| 2016 | 18.09 | 7.04% |
| 2015 | 16.9 | 5.36% |
| 2014 | 16.04 | N/A |
Currently, CFG's PE ratio is higher than its 3 and 5-year averages.
In comparison to its peer PB, CFG's PE ratio is lower, but it is higher than IBOC's and CATY's.
| Stock name | PE ratio | Market cap |
|---|---|---|
| CATY Cathay General Bancorp | 9.95 | $3.3B |
| IBOC International Bancshares Corp | 10.56 | $4.31B |
| CFG Citizens Financial Group Inc | 15.49 | $19.67B |
| PB Prosperity Bancshares Inc | 16.81 | $6.98B |
CFG stock has a price to earnings ratio of 15.5 as of Jul 25, 2024.
As an average over the last 3 years, CFG stock has a PE ratio of 8.96.
As an average over the last 5 years, CFG stock has a PE ratio of 9.73.
Over the last ten years, the Jun 2015 quarter recorded the highest quarterly PE ratio at 19.1.
CFG's current price to earnings ratio is 32% above its 10-year historical average.
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Jul 25, 2024), Citizens Financial Group's share price is $43.24. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $2.79. Therefore, Citizens Financial Group's PE ratio for today is 15.5. PE RATIO(15.5) = STOCK PRICE($43.24) / TTM EPS($2.79)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.