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PB Prosperity Bancshares PE ratio, current and historical analysis

The PE ratio for Prosperity Bancshares stock stands at 13.28 as of Jun 14, 2024. This is calculated based on the current EPS of $4.33 and the stock price of $57.5 per share. An increase of 2.7% has been recorded in the PE ratio compared to the average of 12.9 of the last four quarters.

PB PE ratio history

How has PB's PE ratio performed in the past

Over the last ten years, the average PE ratio of Prosperity Bancshares has been 13.66. The current 13.28 P/E ratio is 2.8% lower 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.

Average
13.66
Median
12.99
Minimum
10.03
Maximum
18.22

Prosperity Bancshares PE ratio by year

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%

PB average PE ratio chart

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

Currently, PB's PE ratio is above the 3 and 5-year averages, but it is lower than the 10-year average.

3-year avg
12.49
5-year avg
12.61
10-year avg
13.66
15-year avg
14.01

PB PE vs peers

What is PB's PE ratio compared to its peers

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 13.28 is lower than the average of its peers, which is 13.76.

Stock name PE ratio Market cap
IBOC International Bancshares Corp 8.22 $3.35B
SBSI Southside Bancshares Inc 9.49 $773.17M
CFR Cullen/Frost Bankers Inc 11.23 $6.11B
PB Prosperity Bancshares Inc 13.28 $5.52B
IBTX Independent Bank Group Inc 16.63 $1.74B
TCBI Texas Capital Bancshares Inc 17.13 $2.66B
FFIN First Financial Bankshares Inc 19.87 $3.97B

Frequently asked questions

What is Prosperity Bancshares's PE ratio?

The price to earnings ratio for PB stock is 13.28 as of Jun 14, 2024.

What is the 3-year average PE ratio for Prosperity Bancshares (PB)?

The 3-year average price to earnings ratio for PB stock is 12.49.

What is the 5-year average PE ratio for Prosperity Bancshares (PB)?

The 5-year average price to earnings ratio for PB stock is 12.61.

What is the highest PE ratio for PB?

The highest quarterly PE ratio in the last ten years has been 18.22 and it was in the Dec 2016 quarter.

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

The current price to earnings ratio of PB is 2.8% lower than the 10-year historical average.

How is PB's PE ratio calculated (Prosperity Bancshares PE ratio formula)?

The P/E ratio is obtained by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Jun 14, 2024), Prosperity Bancshares's stock price is $57.5. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $4.33. Therefore, Prosperity Bancshares's PE ratio for today is 13.28. PE RATIO(13.28) = STOCK PRICE($57.5) / TTM EPS($4.33)

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