The PE ratio for Prosperity Bancshares stock stands at 15.55 as of Oct 4, 2024. This is calculated based on the current EPS of $4.56 and the stock price of $70.91 per share. An increase of 14% has been recorded in the PE ratio compared to the average of 13.6 of the last four quarters.
Over the last ten years, the average PE ratio of Prosperity Bancshares has been 13.6. The current 15.55 P/E ratio is 14% higher than the historical average. In the past ten years, PB's PE ratio peaked in the Dec 2016 quarter at 18.22, with a price of $71.78 and an EPS of $3.94. The Sep 2020 quarter marked the lowest point at 10.03, with a price of $51.83 and an EPS of $5.17.
Maximum annual increase: 55.73% in 2016
Maximum annual decrease: -26.04% in 2014
Year | PE ratio | Change |
---|---|---|
2023 | 15.02 | 18.45% |
2022 | 12.68 | -1.78% |
2021 | 12.91 | 5.73% |
2020 | 12.21 | -23.21% |
2019 | 15.9 | 17.69% |
2018 | 13.51 | -24.44% |
2017 | 17.88 | -1.87% |
2016 | 18.22 | 55.73% |
2015 | 11.7 | -8.67% |
2014 | 12.81 | -26.04% |
Currently, PB's PE ratio is above the 3, 5 and 10-year averages.
PB's PE ratio stands lower than its peer stocks FFIN and TCBI, but it is higher than CFR's and IBOC's. Prosperity Bancshares's current PE ratio of 15.55 is lower than the average of its peers, which is 17.23.
Stock name | PE ratio | Market cap |
---|---|---|
IBOC International Bancshares Corp | 9.01 | $3.64B |
SBSI Southside Bancshares Inc | 12.04 | $980.63M |
CFR Cullen/Frost Bankers Inc | 13.82 | $7.25B |
PB Prosperity Bancshares Inc | 15.55 | $6.75B |
FFIN First Financial Bankshares Inc | 25.45 | $5.13B |
TCBI Texas Capital Bancshares Inc | 25.81 | $3.33B |
IBTX Independent Bank Group Inc | N/A | $2.38B |
The price to earnings ratio for PB stock is 15.55 as of Oct 4, 2024.
The 3-year average price to earnings ratio for PB stock is 12.58.
The 5-year average price to earnings ratio for PB stock is 12.46.
The highest quarterly PE ratio in the last ten years has been 18.22 and it was in the Dec 2016 quarter.
The current price to earnings ratio of PB is 14% higher than the 10-year historical average.
The P/E ratio is obtained by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Oct 4, 2024), Prosperity Bancshares's stock price is $70.91. The earnings per share for the trailing twelve months (TTM) ending Jun 2024 is $4.56. Therefore, Prosperity Bancshares's PE ratio for today is 15.55. PE RATIO(15.55) = STOCK PRICE($70.91) / TTM EPS($4.56)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.