OFG Ofg Bancorp PE ratio, current and historical analysis
As of Nov 21, 2024, the Ofg Bancorp stock's PE ratio is 10.7. This results from the current EPS of $4.15 and stock price of $44.41. The P/E ratio marks an increase of 9% from the past four quarters average of 9.8.
OFG PE ratio history
The PE ratio of Ofg Bancorp has averaged 22.83 over the last ten years. The current PE ratio of 10.7 is 53% 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.
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
Currently, OFG's PE ratio is greater than its 3-year historical average, but it is below the 5 and 10-year averages.
OFG PE vs 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 15.58.
| Stock name | PE ratio | Market cap |
|---|---|---|
| OFG Ofg Bancorp | 10.7 | $2.04B |
| FBP First Bancorp | 11.55 | $3.44B |
| RNST Renasant Corp | 12.15 | $2.37B |
| BPOP Popular Inc | 13.3 | $6.99B |
| WFC Wells Fargo & Company | 15.33 | $249.15B |
| USB Us Bancorp | 15.76 | $80.17B |
| BOKF Bok Financial Corp | 15.86 | $7.42B |
| CFR Cullen/Frost Bankers Inc | 17.31 | $8.95B |
| BOH Bank Of Hawaii Corp | 23.34 | $3.1B |
Frequently asked questions
What is Ofg Bancorp's PE ratio?
OFG stock has a price to earnings ratio of 10.7 as of Nov 21, 2024.
What is the 3-year average PE ratio for Ofg Bancorp (OFG)?
The 3-year average PE ratio for OFG stock is 8.57.
What is the 5-year average PE ratio for Ofg Bancorp (OFG)?
The 5-year average PE ratio for OFG stock is 12.04.
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 53% below its 10-year historical average.
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 (Nov 21, 2024), Ofg Bancorp's stock price is $44.41. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $4.15. Therefore, Ofg Bancorp's P/E ratio for today is 10.7. PE RATIO(10.7) = STOCK PRICE($44.41) / TTM EPS($4.15)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.