PFS Provident Financial Services PE ratio, current and historical analysis
The PE ratio for Provident Financial Services stock stands at 19.86 as of Nov 21, 2024. This is calculated based on the current EPS of $1.05 and the stock price of $20.85 per share. An increase of 57% has been seen in the P/E ratio compared to the average of 12.7 of the last 4 quarters.
PFS PE ratio history
Over the last ten years, the average PE ratio of Provident Financial Services has been 13.25. The current 19.86 PE ratio is 50% above the historical average. Over the past ten years, PFS's PE ratio was at its highest in the Dec 2016 quarter at 20.51, with a price of $28.3 and an EPS of $1.38. The Jun 2023 quarter recorded the bottom point at 7.39, with a price of $16.34 and an EPS of $2.21.
Provident Financial Services PE ratio by year
Maximum annual increase: 35.38% in 2016
Maximum annual decrease: -28.21% in 2018
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 10.48 | 15.29% |
| 2022 | 9.09 | -17.44% |
| 2021 | 11.01 | -14.78% |
| 2020 | 12.92 | -8.82% |
| 2019 | 14.17 | 6.86% |
| 2018 | 13.26 | -28.21% |
| 2017 | 18.47 | -9.95% |
| 2016 | 20.51 | 35.38% |
| 2015 | 15.15 | 2.36% |
| 2014 | 14.8 | -5.79% |
PFS average PE ratio chart
Currently, PFS's PE ratio is greater than its 3, 5 and 10-year historical averages.
PFS PE vs peers
PFS's PE ratio is higher than its peer stock OCFC.
| Stock name | PE ratio | Market cap |
|---|---|---|
| OCFC Oceanfirst Financial Corp | 11.97 | $1.22B |
| PFS Provident Financial Services Inc | 20.37 | $2.79B |
| KRNY Kearny Financial Corp | N/A | $534.07M |
Frequently asked questions
What is Provident Financial Services's PE ratio?
As of Nov 21, 2024, PFS stock has a price to earnings ratio of 19.86.
What is the 3-year average PE ratio for Provident Financial Services (PFS)?
The 3-year average PE ratio for PFS stock is 10.38.
What is the 5-year average PE ratio for Provident Financial Services (PFS)?
The 5-year average PE ratio for PFS stock is 10.74.
What is the highest PE ratio for PFS?
In the last ten years, the Dec 2016 quarter recorded the highest quarterly PE ratio at 20.51.
How does the current PE ratio for PFS compare to its historical average?
The current price to earnings ratio of PFS is 50% higher than the 10-year historical average.
How is PFS's PE ratio calculated (Provident Financial Services PE ratio formula)?
The PE ratio is calculated by dividing the most recent price of a stock by its trailing twelve months EPS. As of today (Nov 21, 2024), Provident Financial Services's stock price is $20.85. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $1.05. Therefore, Provident Financial Services's P/E ratio for today is 19.86. PE RATIO(19.86) = STOCK PRICE($20.85) / TTM EPS($1.05)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.