The PE ratio for Keycorp stock stands at 16.28 as of Apr 30, 2024. The calculation is based on the latest EPS of $0.89 and the stock price of $14.49 per share. An increase of 71% has been observed in the PE ratio compared to its average of 9.5 of the last four quarters.
Over the last ten years, the average PE ratio of Keycorp has been 12.07. The current 16.28 P/E ratio is 35% 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 stocks JPM and WFC, KEY's PE ratio is higher. Keycorp is currently trading at a higher PE ratio (16.28) than its peers average of 11.09.
| Stock name | PE ratio | Market cap |
|---|---|---|
| NBHC National Bank Holdings Corp | 8.75 | $1.24B |
| ZION Zions Bancorporation National Association | 9.37 | $6.04B |
| CMA Comerica Inc | 9.98 | $6.69B |
| NRIM Northrim Bancorp Inc | 10.55 | $262.88M |
| WSBC Wesbanco Inc | 10.76 | $1.6B |
| JPM Jpmorgan Chase & Co | 11.82 | $553.19B |
| PNC Pnc Financial Services Group Inc | 12.01 | $61.17B |
| WFC Wells Fargo & Company | 12.24 | $213.64B |
| CFR Cullen/Frost Bankers Inc | 12.5 | $6.79B |
| BHLB Berkshire Hills Bancorp Inc | 13.31 | $934.87M |
| KEY Keycorp | 16.51 | $13.72B |
As of Apr 30, 2024, KEY stock has a price to earnings ratio of 16.28.
The 3-year average price to earnings ratio for KEY stock is 8.78.
The 5-year average price to earnings ratio for KEY stock is 9.65.
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 35% 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 (Apr 30, 2024), Keycorp's share price is $14.49. The company's earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $0.89. Therefore, Keycorp's PE ratio for today is 16.28. PE RATIO(16.28) = STOCK PRICE($14.49) / TTM EPS($0.89)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.