SSB
SOUTH STATE
PE ratio, current and historical analysis
- Stocks
- Financial Services
- NYSE: SSB
- PE Ratio
The current PE ratio for SOUTH STATE stock as of Jun 23, 2026 is 10.6. This is calculated based on the current EPS of $9.32 and the stock price of $98.82 per share. The PE ratio has decreased by 13% from the past four quarters average of 12.2.
SSB PE ratio history
The average historical PE ratio of SOUTH STATE for the last ten years is 16.79. The current P/E ratio of 10.6 is 37% lower than the historical average. In the past ten years, SSB's PE ratio peaked in the Dec 2020 quarter at 32.86, when the stock price was $72.3 and the EPS was $2.2. The lowest point was in the Jun 2023 quarter, when it reached 9.24 with a price of $65.8 and an EPS of $7.12.
SOUTH STATE PE ratio by year
Maximum annual increase: 120.58% in 2011
Maximum annual decrease: -63.94% in 2021
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2025 | 11.91 | -16.07% | $94.11 | $7.9 |
| 2024 | 14.19 | 9.24% | $99.48 | $7.01 |
| 2023 | 12.99 | 13.15% | $84.45 | $6.5 |
| 2022 | 11.48 | -3.12% | $76.36 | $6.65 |
| 2021 | 11.85 | -63.94% | $80.11 | $6.76 |
| 2020 | 32.86 | 104.61% | $72.3 | $2.2 |
| 2019 | 16.06 | 31.32% | $86.75 | $5.4 |
| 2018 | 12.23 | -58.6% | $59.95 | $4.9 |
| 2017 | 29.54 | 42.64% | $87.15 | $2.95 |
| 2016 | 20.71 | 19.43% | $87.4 | $4.22 |
| 2015 | 17.34 | -19.61% | $71.95 | $4.15 |
| 2014 | 21.57 | -21.85% | $67.08 | $3.11 |
| 2013 | 27.6 | 40.1% | $66.51 | $2.41 |
| 2012 | 19.7 | 12.06% | $40.18 | $2.04 |
| 2011 | 17.58 | 120.58% | $29.01 | $1.65 |
SOUTH STATE PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Mar 2026 | 9.93 | -16.62% | $92.52 | $9.32 |
| Dec 2025 | 11.91 | -11.71% | $94.11 | $7.9 |
| Sep 2025 | 13.49 | -0.74% | $98.87 | $7.33 |
| Jun 2025 | 13.59 | -6.47% | $92.03 | $6.77 |
| Mar 2025 | 14.53 | 2.4% | $92.82 | $6.39 |
| Dec 2024 | 14.19 | -4.64% | $99.48 | $7.01 |
| Sep 2024 | 14.88 | 22.27% | $97.18 | $6.53 |
| Jun 2024 | 12.17 | -11.81% | $76.42 | $6.28 |
| Mar 2024 | 13.8 | 6.24% | $85.03 | $6.16 |
| Dec 2023 | 12.99 | 34.75% | $84.45 | $6.5 |
| Sep 2023 | 9.64 | 4.33% | $67.36 | $6.99 |
| Jun 2023 | 9.24 | -8.15% | $65.8 | $7.12 |
| Mar 2023 | 10.06 | -12.37% | $71.26 | $7.08 |
| Dec 2022 | 11.48 | -8.89% | $76.36 | $6.65 |
| Sep 2022 | 12.6 | 2.44% | $79.12 | $6.28 |
SSB Price vs fair value
SSB average PE ratio chart
What this chart measures
The Historical Valuation Regime chart shows where the stock's current valuation sits relative to its own historical valuation range over the selected lookback period.
This is a history-relative tool, not a market-relative percentile. It does not compare the stock to other companies. Instead, it compares each historical valuation reading to the stock's own past readings.
Percentile logic
The threshold lines are calculated them from the stock's real historical values using percentile interpolation. That is why some colored bands are narrow while others are wide: the band widths reflect how the stock actually traded through time.
Regime map
| Historical percentile | Regime | Chart meaning |
|---|---|---|
| 0-10 | Historically Low | Deep cheap zone |
| >10-25 | Below Average | Cheap relative to history |
| >25-75 | Average | Within the normal historical range |
| >75-90 | Above Average | Expensive relative to history |
| >90-100 | Historically High | Extreme or stretched valuation |
How to read each part
| Chart element | What it tells you |
|---|---|
| Main line | The actual historical valuation values over time for the selected metric. |
| Dashed horizontal lines | The stock's computed P10, P25, Median, P75, and P90 thresholds for the selected period. |
| Colored bands | The historical valuation zones between those thresholds. |
| Metric boxes | Current ratio, historical median, current percentile, and current regime. |
| Timeline strip | A condensed regime history showing how the stock moved between cheap, fair, and expensive states across each observation. |
Important metric definitions
Current Percentile is the percentile rank of the latest valid historical observation within the selected lookback range.
Current Regime is assigned directly from the latest observation's percentile bucket using the fixed 10 / 25 / 75 / 90 cutoffs shown above.
How to use it well
This chart is most useful for answering a narrow question: Is this stock trading high, low, or normal relative to its own history? It works best alongside growth, profitability, and forward-looking business analysis, because a stock can deserve a higher or lower regime if its business quality has changed.
SSB's current P/E ratio is lower than the 3, 5 and 10-year averages.
PE comparison
SOUTH STATE's P/E of 10.6 is below the Financial Services sector and the industry average. In comparison with its Financial Services sector average of 12.95, SOUTH STATE's P/E is 18% lower.
SSB PE vs peers
In comparison to its peer stocks GBCI and BBT, SSB's PE ratio is lower.
| Stock name | PE ratio | Market cap |
|---|---|---|
| SSB SOUTH STATE Corp | 10.6 | $9.65B |
| BUSE First Busey Corp | 12.67 | $2.44B |
| BBT Beacon Financial Corp. | 17.08 | $2.53B |
| GBCI Glacier Bancorp Inc | 23.2 | $6.46B |
Frequently asked questions
What is SOUTH STATE's PE ratio?
As of Jun 23, 2026, SSB stock has a price to earnings ratio of 10.6.
What is the 3-year average PE ratio for SOUTH STATE (SSB)?
The 3-year average price to earnings ratio for SSB stock is 12.53.
What is the 5-year average PE ratio for SOUTH STATE (SSB)?
The 5-year average price to earnings ratio for SSB stock is 12.31.
What is the highest PE ratio for SSB?
Over the last ten years, the quarterly PE ratio reached a historic high of 32.86 in the Dec 2020 quarter.
How does the current PE ratio for SSB compare to its historical average?
The current price to earnings ratio of SSB is 37% lower than the 10-year historical average.
How is SSB's PE ratio calculated (SOUTH STATE PE ratio formula)?
You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (Jun 23, 2026), SOUTH STATE's stock price is $98.82. The earnings per share for the trailing twelve months (TTM) ending Mar 2026 is $9.32. Therefore, SOUTH STATE's PE ratio for today is 10.6. PE RATIO(10.6) = STOCK PRICE($98.82) / TTM EPS($9.32)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.