BHB Bar Harbor Bankshares PE ratio, current and historical analysis
As of Sep 6, 2024, the Bar Harbor Bankshares stock's PE ratio is 11.06. This results from the current EPS of $2.71 and stock price of $29.98. The P/E ratio has grown by 20% from the past four quarters average of 9.3.
BHB PE ratio history
The PE ratio of Bar Harbor Bankshares has averaged 12.94 over the last ten years. The current PE ratio of 11.06 is 15% below the historical average. Over the past ten years, BHB's PE ratio was at its highest in the Mar 2017 quarter at 22.81, when the stock price was $33.08 and the EPS was $1.45. The lowest value was in the Sep 2023 quarter, when it reached 7.55 with a price of $23.63 and an EPS of $3.13.
Bar Harbor Bankshares PE ratio by year
Maximum annual increase: 65.15% in 2019
Maximum annual decrease: -40.43% in 2020
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 9.92 | -10.23% |
| 2022 | 11.05 | 0.45% |
| 2021 | 11 | 6.18% |
| 2020 | 10.36 | -40.43% |
| 2019 | 17.39 | 65.15% |
| 2018 | 10.53 | -33.35% |
| 2017 | 15.8 | -17.36% |
| 2016 | 19.12 | 40.8% |
| 2015 | 13.58 | 5.03% |
| 2014 | 12.93 | 8.38% |
BHB average PE ratio chart
The current PE ratio of BHB is above the 3 and 5-year historical averages, but it is below the 10-year average.
BHB PE vs peers
BHB's PE ratio is lower than its peer stocks INDB and CAC, but it is greater than EBTC's and FNLC's. Bar Harbor Bankshares is presently trading at a lower PE ratio (11.06) than its peer group average of 11.46.
| Stock name | PE ratio | Market cap |
|---|---|---|
| EBTC Enterprise Bancorp Inc | 10.24 | $367.76M |
| FNLC First Bancorp Inc | 10.89 | $290.08M |
| BHB Bar Harbor Bankshares | 11.06 | $457.71M |
| UNB Union Bankshares Inc | 11.23 | $112.78M |
| WASH Washington Trust Bancorp Inc | 11.7 | $534.95M |
| INDB Independent Bank Corp | 12.07 | $2.55B |
| CAC Camden National Corp | 12.64 | $550.63M |
Frequently asked questions
What is Bar Harbor Bankshares's PE ratio?
The price to earnings ratio for BHB stock as of Sep 6, 2024, stands at 11.06.
What is the 3-year average PE ratio for Bar Harbor Bankshares (BHB)?
As an average over the last 3 years, BHB stock has a PE ratio of 9.71.
What is the 5-year average PE ratio for Bar Harbor Bankshares (BHB)?
As an average over the last 5 years, BHB stock has a PE ratio of 11.01.
What is the highest PE ratio for BHB?
The highest quarterly PE ratio in the last ten years has been 22.81 and it was in the Mar 2017 quarter.
How does the current PE ratio for BHB compare to its historical average?
BHB's price to earnings ratio is currently 15% below its 10-year historical average.
How is BHB's PE ratio calculated (Bar Harbor Bankshares PE ratio formula)?
The PE ratio is calculated by taking the latest stock price and dividing it by the EPS for the last 12 months. As of today (Sep 6, 2024), Bar Harbor Bankshares's stock price is $29.98. The earnings per share for the trailing twelve months (TTM) ending Jun 2024 is $2.71. Therefore, Bar Harbor Bankshares's P/E ratio for today is 11.06. PE RATIO(11.06) = STOCK PRICE($29.98) / TTM EPS($2.71)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.