PB Prosperity Bancshares PE ratio, current and historical analysis
The PE ratio for Prosperity Bancshares stock stands at 15.95 as of Dec 20, 2024. This is calculated based on the current EPS of $4.7 and the stock price of $74.95 per share. An increase of 8% has been recorded in the PE ratio compared to the average of 14.7 of the last four quarters.
PB PE ratio history
Over the last ten years, the average PE ratio of Prosperity Bancshares has been 13.65. The current 15.95 P/E ratio is 17% 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.
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
Currently, PB's PE ratio is above the 3, 5 and 10-year averages.
PB PE vs peers
PB's PE ratio stands lower than its peer stocks CFR and FFIN, but it is higher than IBOC's and SBSI's. Prosperity Bancshares's current PE ratio of 15.95 is similar to the average of its peer group, which is 15.82.
| Stock name | PE ratio | Market cap |
|---|---|---|
| IBOC International Bancshares Corp | 9.99 | $4B |
| SBSI Southside Bancshares Inc | 11.65 | $977.75M |
| PB Prosperity Bancshares Inc | 15.95 | $7.14B |
| CFR Cullen/Frost Bankers Inc | 16.49 | $8.52B |
| FFIN First Financial Bankshares Inc | 25.14 | $5.21B |
| TCBI Texas Capital Bancshares Inc | 426.5 | $3.55B |
| IBTX Independent Bank Group Inc | N/A | $2.5B |
Frequently asked questions
What is Prosperity Bancshares's PE ratio?
The price to earnings ratio for PB stock is 15.95 as of Dec 20, 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 12.81.
What is the 5-year average PE ratio for Prosperity Bancshares (PB)?
The 5-year average price to earnings ratio for PB stock is 12.6.
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 17% higher 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 (Dec 20, 2024), Prosperity Bancshares's stock price is $74.95. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $4.7. Therefore, Prosperity Bancshares's PE ratio for today is 15.95. PE RATIO(15.95) = STOCK PRICE($74.95) / TTM EPS($4.7)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.