The PE ratio for New York Community Bancorp stock stands at 2.79 as of Sep 28, 2023. This results from the current EPS of $4.04 and stock price of $11.28. A decrease of 40% has been seen in the P/E ratio compared to the average of 4.7 of the last 4 quarters.
Over the last ten years, the average PE ratio of New York Community Bancorp has been 12.29. The current 2.79 PE ratio is 77% below the historical average. Over the past ten years, NYCB's PE ratio was at its highest in the Jun 2015 quarter at 16.56, with a price of $18.38 and an EPS of $1.11. The Mar 2023 quarter recorded the bottom point at 2.36, with a price of $9.04 and an EPS of $3.83.
Maximum annual increase: 34.6% in 2013
Maximum annual decrease: -33.76% in 2020
| Year | PE ratio | Change |
|---|---|---|
| 2022 | 6.83 | -32.91% |
| 2021 | 10.18 | -1.55% |
| 2020 | 10.34 | -33.76% |
| 2019 | 15.61 | 31.07% |
| 2018 | 11.91 | -17.69% |
| 2017 | 14.47 | -8.13% |
| 2016 | 15.75 | N/A |
| 2015 | N/A | N/A |
| 2014 | 14.68 | -5.9% |
| 2013 | 15.6 | 34.6% |
The current PE ratio of NYCB is below the 3, 5 and 10-year averages.
Compared to its peer stocks WAFD and NWBI, NYCB's PE ratio stands lower. New York Community Bancorp's PE ratio is trading below the peer group average of 8.88.
| Stock name | PE ratio | Market cap |
|---|---|---|
| NYCB New York Community Bancorp Inc | 2.81 | $8.2B |
| WAFD Washington Federal Inc | 6.34 | $1.67B |
| TRST Trustco Bank Corp N Y | 6.99 | $518.99M |
| BHLB Berkshire Hills Bancorp Inc | 8.82 | $884.58M |
| NWBI Northwest Bancshares Inc | 9.38 | $1.3B |
| GCBC Greene County Bancorp Inc | 13.14 | $404.9M |
NYCB's price to earnings ratio is 2.79 as of Sep 28, 2023.
The average PE ratio for NYCB stock over the past 3 years is 7.98.
The average PE ratio for NYCB stock over the past 5 years is 10.22.
Over the last ten years, the quarterly PE ratio reached a historic high of 16.56 in the Jun 2015 quarter.
NYCB's price to earnings ratio is currently 77% below its 10-year historical average.
NYCB's PE ratio is low because the stock price is relatively cheap compared to the earnings generated by the company.
The PE ratio is calculated by dividing the most recent price of a stock by its trailing twelve months EPS. As of today (Sep 28, 2023), New York Community Bancorp's stock price is $11.28. The earnings per share for the trailing twelve months (TTM) ending Jun 2023 is $4.04. Therefore, New York Community Bancorp's P/E ratio for today is 2.79. PE RATIO(2.79) = STOCK PRICE($11.28) / TTM EPS($4.04)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.