The PE ratio for Keycorp stock stands at 20.42 as of Jul 25, 2024. The calculation is based on the latest EPS of $0.79 and the stock price of $16.13 per share. An increase of 60% has been observed in the PE ratio compared to its average of 12.8 of the last four quarters.
Over the last ten years, the average PE ratio of Keycorp has been 12.24. The current 20.42 P/E ratio is 67% higher than the historical average. Looking back at the last ten years, KEY's PE ratio peaked in the Dec 2016 quarter at 22.56, with a price of $18.27 and an EPS of $0.81. The Jun 2023 quarter marked the lowest point at 6.16, with a price of $9.24 and an EPS of $1.5.
Maximum annual increase: 81.35% in 2016
Maximum annual decrease: -51.72% in 2018
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 16.18 | 80.18% |
| 2022 | 8.98 | 2.86% |
| 2021 | 8.73 | -31.9% |
| 2020 | 12.82 | 3.22% |
| 2019 | 12.42 | 45.43% |
| 2018 | 8.54 | -51.72% |
| 2017 | 17.69 | -21.59% |
| 2016 | 22.56 | 81.35% |
| 2015 | 12.44 | -9.59% |
| 2014 | 13.76 | 0.51% |
The current PE ratio of KEY is higher than its 3, 5 and 10-year averages.
In comparison to its peer BHLB, KEY's PE ratio is lower, but it is higher than JPM's and WFC's. Keycorp is currently trading at a higher PE ratio (20.42) than its peers average of 13.08.
| Stock name | PE ratio | Market cap |
|---|---|---|
| CMA Comerica Inc | 10.55 | $7.08B |
| NBHC National Bank Holdings Corp | 12.38 | $1.64B |
| WFC Wells Fargo & Company | 12.45 | $210.54B |
| JPM Jpmorgan Chase & Co | 12.79 | $609.48B |
| ZION Zions Bancorporation National Association | 13.14 | $7.72B |
| WSBC Wesbanco Inc | 13.66 | $1.95B |
| NRIM Northrim Bancorp Inc | 13.74 | $390.53M |
| CFR Cullen/Frost Bankers Inc | 14.6 | $7.67B |
| PNC Pnc Financial Services Group Inc | 15.21 | $72.1B |
| KEY Keycorp | 20.84 | $15.52B |
| BHLB Berkshire Hills Bancorp Inc | 56.08 | $1.21B |
As of Jul 25, 2024, KEY stock has a price to earnings ratio of 20.42.
The 3-year average price to earnings ratio for KEY stock is 9.8.
The 5-year average price to earnings ratio for KEY stock is 10.15.
Over the last ten years, the quarterly PE ratio reached its highest level at 22.56 in the Dec 2016 quarter.
KEY's current price to earnings ratio is 67% above its 10-year historical average.
The P/E ratio is calculated by taking the latest stock price and dividing it by the EPS for the last 12 months. As of today (Jul 25, 2024), Keycorp's share price is $16.13. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $0.79. Therefore, Keycorp's PE ratio for today is 20.42. PE RATIO(20.42) = STOCK PRICE($16.13) / TTM EPS($0.79)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.