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PFS Provident Financial Services PE ratio, current and historical analysis

The PE ratio for Provident Financial Services stock stands at 8.38 as of Jun 21, 2024. This is calculated based on the current EPS of $1.61 and the stock price of $13.49 per share. A decrease of 2.9% has been seen in the P/E ratio compared to the average of 8.6 of the last 4 quarters.

PFS PE ratio history

How has PFS's PE ratio performed in the past

Over the last ten years, the average PE ratio of Provident Financial Services has been 13.19. The current 8.38 PE ratio is 36% below 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.

Average
13.19
Median
13.52
Minimum
7.39
Maximum
20.51

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

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

Currently, PFS's PE ratio is below the 3, 5 and 10-year averages.

3-year avg
9.55
5-year avg
10.45
10-year avg
13.19
15-year avg
13.61

PFS PE vs peers

What is PFS's PE ratio compared to its peers

PFS's PE ratio is lower than its peer stocks OCFC and KRNY.

Stock name PE ratio Market cap
PFS Provident Financial Services Inc 8.38 $1.03B
OCFC Oceanfirst Financial Corp 8.65 $868.37M
KRNY Kearny Financial Corp 22 $354.4M

Frequently asked questions

What is Provident Financial Services's PE ratio?

As of Jun 21, 2024, PFS stock has a price to earnings ratio of 8.38.

What is the 3-year average PE ratio for Provident Financial Services (PFS)?

The 3-year average PE ratio for PFS stock is 9.55.

What is the 5-year average PE ratio for Provident Financial Services (PFS)?

The 5-year average PE ratio for PFS stock is 10.45.

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 36% lower than the 10-year historical average.

Why is Provident Financial Services's PE ratio so low?

PFS's PE ratio of 8.38 is considered low because the company's stock price is trading at a lower multiple of earnings.

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 (Jun 21, 2024), Provident Financial Services's stock price is $13.49. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $1.61. Therefore, Provident Financial Services's P/E ratio for today is 8.38. PE RATIO(8.38) = STOCK PRICE($13.49) / TTM EPS($1.61)

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