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OFG Ofg Bancorp PE ratio, current and historical analysis

As of Jun 20, 2024, the Ofg Bancorp stock's PE ratio is 9.37. This results from the current EPS of $3.93 and stock price of $36.83. The P/E ratio marks an increase of 11% from the past four quarters average of 8.5.

OFG PE ratio history

How has OFG's PE ratio performed in the past

The PE ratio of Ofg Bancorp has averaged 22.87 over the last ten years. The current PE ratio of 9.37 is 59% below the historical average. Over the past ten years, OFG's PE ratio was at its highest in the Mar 2016 quarter at 349.5, when the stock price was $6.99 and the EPS was $0.02. The lowest value was in the Mar 2023 quarter, when it reached 6.81 with a price of $24.94 and an EPS of $3.66.

Average
22.87
Median
11.29
Minimum
6.81
Maximum
349.5

Ofg Bancorp PE ratio by year

Maximum annual increase: 147.92% in 2019

Maximum annual decrease: -45.25% in 2020

Year PE ratio Change
2023 9.74 22.21%
2022 7.97 -14.48%
2021 9.32 -33.67%
2020 14.05 -45.25%
2019 25.66 147.92%
2018 10.35 -3.09%
2017 10.68 -16.04%
2016 12.72 N/A
2015 N/A N/A
2014 10.54 12.49%

OFG average PE ratio chart

What is the average PE ratio of OFG for the past years

Currently, OFG's PE ratio is greater than its 3-year historical average, but it is below the 5 and 10-year averages.

3-year avg
8.52
5-year avg
12.46
10-year avg
22.87
15-year avg
44.86

OFG PE vs peers

What is OFG's PE ratio compared to its peers

Compared to its peer stocks WFC and USB, OFG's PE ratio stands lower. Ofg Bancorp's PE ratio is trading below the peer group average of 12.33.

Stock name PE ratio Market cap
OFG Ofg Bancorp 9.28 $1.71B
FBP First Bancorp 9.88 $2.91B
CFR Cullen/Frost Bankers Inc 11.63 $6.32B
RNST Renasant Corp 11.64 $1.61B
WFC Wells Fargo & Company 11.98 $202.55B
BPOP Popular Inc 12.62 $6.15B
BOKF Bok Financial Corp 12.83 $5.69B
USB Us Bancorp 13.19 $61.95B
BOH Bank Of Hawaii Corp 14.44 $2.22B

Frequently asked questions

What is Ofg Bancorp's PE ratio?

OFG stock has a price to earnings ratio of 9.37 as of Jun 20, 2024.

What is the 3-year average PE ratio for Ofg Bancorp (OFG)?

The 3-year average PE ratio for OFG stock is 8.52.

What is the 5-year average PE ratio for Ofg Bancorp (OFG)?

The 5-year average PE ratio for OFG stock is 12.46.

What is the highest PE ratio for OFG?

Over the last ten years, the quarterly PE ratio reached a historic high of 349.5 in the Mar 2016 quarter.

How does the current PE ratio for OFG compare to its historical average?

OFG's price to earnings ratio is currently 59% below its 10-year historical average.

Why is Ofg Bancorp's PE ratio so low?

OFG's PE ratio is low because its earnings per share (EPS) is high relative to its stock price.

How is OFG's PE ratio calculated (Ofg Bancorp PE ratio formula)?

To determine the PE ratio, divide the most recent stock price by the TTM earnings per share (EPS). As of today (Jun 20, 2024), Ofg Bancorp's stock price is $36.83. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $3.93. Therefore, Ofg Bancorp's P/E ratio for today is 9.37. PE RATIO(9.37) = STOCK PRICE($36.83) / TTM EPS($3.93)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.