As at Apr 26, 2024, the CFR stock has a PE ratio of 12.66. This is based on the current EPS of $8.46 and the stock price of $107.08 per share. An increase of 15% has been recorded in the PE ratio compared to the average of 11.0 of the last four quarters.
The mean historical PE ratio of Cullen/Frost Bankers over the last ten years is 15.41. The current 12.66 P/E ratio is 18% lower than the historical average. In the past ten years, CFR's PE ratio peaked in the Mar 2022 quarter at 21.23, with a price of $138.41 and an EPS of $6.52. The Sep 2023 quarter marked the lowest point at 8.7, with a price of $91.21 and an EPS of $10.48.
Maximum annual increase: 33.98% in 2016
Maximum annual decrease: -25.85% in 2018
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 11.91 | -21.23% |
| 2022 | 15.12 | -18.58% |
| 2021 | 18.57 | 8.79% |
| 2020 | 17.07 | 20.3% |
| 2019 | 14.19 | 12.44% |
| 2018 | 12.62 | -25.85% |
| 2017 | 17.02 | -8.74% |
| 2016 | 18.65 | 33.98% |
| 2015 | 13.92 | -14.86% |
| 2014 | 16.35 | -16.07% |
CFR's current P/E ratio is lower than the 3, 5 and 10-year averages.
In comparison to its peers PB and FFIN, CFR's PE ratio is lower, but it is higher than BOKF's and IBOC's. Cullen/Frost Bankers's PE ratio is trading below the peer group average of 14.04.
| Stock name | PE ratio | Market cap |
|---|---|---|
| IBOC International Bancshares Corp | 8.47 | $3.49B |
| SBSI Southside Bancshares Inc | 10.14 | $825.86M |
| BOKF Bok Financial Corp | 11.33 | $5.91B |
| CFR Cullen/Frost Bankers Inc | 12.66 | $6.88B |
| PB Prosperity Bancshares Inc | 14.09 | $5.94B |
| IBTX Independent Bank Group Inc | 15.55 | $1.63B |
| TCBI Texas Capital Bancshares Inc | 17.36 | $2.7B |
| FFIN First Financial Bankshares Inc | 21.84 | $4.33B |
The price to earnings ratio for CFR stock is 12.66 as of Apr 26, 2024.
The average PE ratio for CFR stock over the past 3 years is 15.0.
The average PE ratio for CFR stock over the past 5 years is 14.48.
The highest quarterly PE ratio in the last ten years has been 21.23 and it was in the Mar 2022 quarter.
CFR's current price to earnings ratio is 18% below 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 (Apr 26, 2024), Cullen/Frost Bankers's stock price is $107.08. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $8.46. Therefore, Cullen/Frost Bankers's PE ratio for today is 12.66. PE RATIO(12.66) = STOCK PRICE($107.08) / TTM EPS($8.46)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.