As at Sep 28, 2023, the CFR stock has a PE ratio of 8.47. This is based on the current EPS of $10.7 and the stock price of $90.61 per share. A decrease of 36% has been recorded in the PE ratio compared to the average of 13.3 of the last four quarters.
The mean historical PE ratio of Cullen/Frost Bankers over the last ten years is 16.01. The current 8.47 P/E ratio is 47% 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 Mar 2020 quarter marked the lowest point at 9.57, with a price of $55.79 and an EPS of $5.83.
Maximum annual increase: 38.94% in 2013
Maximum annual decrease: -25.85% in 2018
| Year | PE ratio | Change |
|---|---|---|
| 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% |
| 2013 | 19.48 | 38.94% |
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 TCBI's. Cullen/Frost Bankers's PE ratio is trading below the peer group average of 10.89.
| Stock name | PE ratio | Market cap |
|---|---|---|
| IBOC International Bancshares Corp | 6.95 | $2.71B |
| BOKF Bok Financial Corp | 8.43 | $5.32B |
| TCBI Texas Capital Bancshares Inc | 8.52 | $2.87B |
| SBSI Southside Bancshares Inc | 8.64 | $883.9M |
| CFR Cullen/Frost Bankers Inc | 8.66 | $5.94B |
| PB Prosperity Bancshares Inc | 10.34 | $5.15B |
| FFIN First Financial Bankshares Inc | 16.16 | $3.6B |
| IBTX Independent Bank Group Inc | 18.33 | $1.63B |
The price to earnings ratio for CFR stock is 8.47 as of Sep 28, 2023.
The average PE ratio for CFR stock over the past 3 years is 16.08.
The average PE ratio for CFR stock over the past 5 years is 14.87.
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 47% below its 10-year historical average.
CFR's stock price is trading at a lower multiple of earnings, which is why its PE ratio of 8.47 is considered low.
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Sep 28, 2023), Cullen/Frost Bankers's stock price is $90.61. The earnings per share for the trailing twelve months (TTM) ending Jun 2023 is $10.7. Therefore, Cullen/Frost Bankers's PE ratio for today is 8.47. PE RATIO(8.47) = STOCK PRICE($90.61) / TTM EPS($10.7)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.