As at Apr 26, 2024, the CUBI stock has a price-to-earnings ratio of 6.25. This is based on the current EPS of $7.49 and the stock price of $46.82 per share. An increase of 16% has been recorded in the P/E ratio compared to the average of 5.4 of the last 4 quarters.
The mean historical PE ratio of Customers Bancorp over the last ten years is 9.7. The current 6.25 PE ratio is 36% below the historical average. In the past ten years, CUBI's PE ratio was at its highest in the Jun 2019 quarter at 19.27, with a price of $21 and an EPS of $1.09. The Mar 2023 quarter recorded the bottom point at 3.09, with a price of $18.52 and an EPS of $6.
Maximum annual increase: 81.37% in 2023
Maximum annual decrease: -57.73% in 2020
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 7.69 | 81.37% |
| 2022 | 4.24 | -39.77% |
| 2021 | 7.04 | 45.45% |
| 2020 | 4.84 | -57.73% |
| 2019 | 11.45 | 13.82% |
| 2018 | 10.06 | -18.74% |
| 2017 | 12.38 | -13.24% |
| 2016 | 14.27 | 9.6% |
| 2015 | 13.02 | 8.41% |
| 2014 | 12.01 | -13.47% |
Currently, CUBI's PE ratio is greater than its 3-year historical average, but it is lower than the 5 and 10-year averages.
Compared to its peer stocks STBA and UVSP, CUBI's PE ratio stands lower. Customers Bancorp's current PE ratio of 6.25 is below the average of its peers, which is 9.45.
| Stock name | PE ratio | Market cap |
|---|---|---|
| CUBI Customers Bancorp Inc | 6.38 | $1.5B |
| PWOD Penns Woods Bancorp Inc | 7.44 | $130.78M |
| STBA S&T Bancorp Inc | 8.27 | $1.19B |
| UVSP UNIVEST FINANCIAL Corp | 8.9 | $635.9M |
| MPB Mid Penn Bancorp Inc | 9.21 | $349.37M |
| CZNC Citizens & Northern Corp | 11.39 | $275.11M |
| NWFL Norwood Financial Corp | 11.72 | $197.64M |
CUBI stock has a price to earnings ratio of 6.25 as of Apr 26, 2024.
The 3-year average PE ratio for CUBI stock is 5.11.
The 5-year average PE ratio for CUBI stock is 6.65.
In the last ten years, the Jun 2019 quarter recorded the highest quarterly PE ratio at 19.27.
CUBI's current price to earnings ratio is 36% below its 10-year historical average.
CUBI's PE ratio is low because its earnings per share (EPS) is high relative to its stock price.
You can calculate the PE ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (Apr 26, 2024), Customers Bancorp's stock price is $46.82. The earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $7.49. Therefore, Customers Bancorp's P/E ratio for today is 6.25. PE RATIO(6.25) = STOCK PRICE($46.82) / TTM EPS($7.49)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.