NIC Nicolet Bankshares PE ratio, current and historical analysis
The current PE ratio for Nicolet Bankshares stock as of Sep 10, 2024 is 13.45. This is calculated based on the current EPS of $7.05 and the stock price of $94.82 per share. The P/E ratio has a decrease of 13% from the past four quarters average of 15.4.
NIC PE ratio history
The average historical PE ratio of Nicolet Bankshares for the last ten years is 13.6. The current PE ratio of 13.45 is comparable to the historical average. Over the past ten years, NIC's PE ratio was at its highest in the Dec 2023 quarter at 19.3, when the stock price was $80.48 and the EPS was $4.17. The lowest value was in the Mar 2020 quarter, when it reached 9.69 with a price of $54.58 and an EPS of $5.63.
Nicolet Bankshares PE ratio by year
Maximum annual increase: 147.24% in 2014
Maximum annual decrease: -26.54% in 2018
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 19.3 | 63.98% |
| 2022 | 11.77 | -22.46% |
| 2021 | 15.18 | 33.16% |
| 2020 | 11.4 | -11.83% |
| 2019 | 12.93 | 12.83% |
| 2018 | 11.46 | -26.54% |
| 2017 | 15.6 | -18.54% |
| 2016 | 19.15 | 68.72% |
| 2015 | 11.35 | 5.78% |
| 2014 | 10.73 | 147.24% |
NIC average PE ratio chart
NIC's current P/E ratio is above the 5-year historical average, but it is below the 3 and 10-year averages.
NIC PE vs peers
NIC's PE ratio is lower than its peer stock NKSH, but it is greater than NRIM's.
| Stock name | PE ratio | Market cap |
|---|---|---|
| NRIM Northrim Bancorp Inc | 11.37 | $364.23M |
| NIC Nicolet Bankshares Inc. | 13.27 | $1.41B |
| NKSH National Bankshares Inc | 18.37 | $181.11M |
Frequently asked questions
What is Nicolet Bankshares's PE ratio?
The price to earnings ratio for NIC stock is 13.45 as of Sep 10, 2024.
What is the 3-year average PE ratio for Nicolet Bankshares (NIC)?
The average PE ratio for NIC stock over the past 3 years is 14.34.
What is the 5-year average PE ratio for Nicolet Bankshares (NIC)?
The average PE ratio for NIC stock over the past 5 years is 13.09.
What is the highest PE ratio for NIC?
The highest quarterly PE ratio in the last ten years has been 19.3 and it was in the Dec 2023 quarter.
How does the current PE ratio for NIC compare to its historical average?
The current price to earnings ratio of NIC is 1.1% lower than the 10-year historical average.
How is NIC's PE ratio calculated (Nicolet Bankshares PE ratio formula)?
The PE ratio is calculated by taking the latest stock price and dividing it by the EPS for the last 12 months. As of today (Sep 10, 2024), Nicolet Bankshares's stock price is $94.82. The earnings per share for the trailing twelve months (TTM) ending Jun 2024 is $7.05. Therefore, Nicolet Bankshares's P/E ratio for today is 13.45. PE RATIO(13.45) = STOCK PRICE($94.82) / TTM EPS($7.05)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.