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Community Trust Bancorp (Community Trust Bancorp) PE Ratio

: 9.33 (As of Today)
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The PE Ratio, or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). As of today (2024-04-18), Community Trust Bancorp's share price is $40.58. Community Trust Bancorp's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was $4.35. Therefore, Community Trust Bancorp's PE Ratio for today is 9.33.


The historical rank and industry rank for Community Trust Bancorp's PE Ratio or its related term are showing as below:

CTBI' s PE Ratio Range Over the Past 10 Years
Min: 7.31   Med: 12.77   Max: 18.5
Current: 9.33


During the past 13 years, the highest PE Ratio of Community Trust Bancorp was 18.50. The lowest was 7.31. And the median was 12.77.


CTBI's PE Ratio is ranked better than
50.29% of 1392 companies
in the Banks industry
Industry Median: 9.125 vs CTBI: 9.33

Community Trust Bancorp's Earnings per Share (Diluted) for the three months ended in Dec. 2023 was $1.04. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was $4.35.

As of today (2024-04-18), Community Trust Bancorp's share price is $40.58. Community Trust Bancorp's EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2023 was $4.35. Therefore, Community Trust Bancorp's PE Ratio without NRI for today is 9.33.

During the past 13 years, Community Trust Bancorp's highest PE Ratio without NRI was 18.50. The lowest was 7.31. And the median was 12.77.

Community Trust Bancorp's EPS without NRI for the three months ended in Dec. 2023 was $1.04. Its EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2023 was $4.35.

During the past 12 months, Community Trust Bancorp's average EPS without NRI Growth Rate was -4.80% per year. During the past 3 years, the average EPS without NRI Growth Rate was 9.20% per year. During the past 5 years, the average EPS without NRI Growth Rate was 7.10% per year. During the past 10 years, the average EPS without NRI Growth Rate was 7.10% per year.

During the past 13 years, Community Trust Bancorp's highest 3-Year average EPS without NRI Growth Rate was 25.60% per year. The lowest was -20.50% per year. And the median was 6.70% per year.

Community Trust Bancorp's EPS (Basic) for the three months ended in Dec. 2023 was $1.04. Its EPS (Basic) for the trailing twelve months (TTM) ended in Dec. 2023 was $4.36.


Community Trust Bancorp PE Ratio Historical Data

The historical data trend for Community Trust Bancorp's PE Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Community Trust Bancorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PE Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12.81 11.06 8.83 10.03 10.06

Community Trust Bancorp Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
PE Ratio Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.03 8.32 7.90 7.50 10.06

Competitive Comparison

For the Banks - Regional subindustry, Community Trust Bancorp's PE Ratio, along with its competitors' market caps and PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Community Trust Bancorp PE Ratio Distribution

For the Banks industry and Financial Services sector, Community Trust Bancorp's PE Ratio distribution charts can be found below:

* The bar in red indicates where Community Trust Bancorp's PE Ratio falls into.



Community Trust Bancorp PE Ratio Calculation

The PE Ratio, or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). It is the most widely used ratio in the valuation of stocks.

Community Trust Bancorp's PE Ratio for today is calculated as

PE Ratio=Share Price/Earnings per Share (Diluted) (TTM)
=40.58/4.350
=9.33

Community Trust Bancorp's Share Price of today is $40.58.
Community Trust Bancorp's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $4.35.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

It can also be calculated from the numbers for the whole company:


There are at least three kinds of PE Ratios used by different investors. They are Trailing Twelve Month PE Ratio or PE Ratio (TTM), Forward PE Ratio, or PE Ratio without NRI. A new PE Ratio based on inflation-adjusted normalized PE Ratio is called Shiller PE Ratio, after Yale professor Robert Shiller.

In the calculation of PE Ratio, the earnings per share used are the earnings per share over the past 12 months. For Forward PE Ratio, the earnings are the expected earnings for the next twelve months. In the case of PE Ratio without NRI, the reported earnings less the non-recurring items are used.

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. Since it looks at the average over the last 10 years, Shiller PE Ratio is also called PE10.


Community Trust Bancorp  (NAS:CTBI) PE Ratio Explanation

The PE Ratio can be viewed as the number of years it takes for the company to earn back the price you pay for the stock. For example, if a company earns $2 a share per year, and the stock is traded at $30, the PE Ratio is 15. Therefore it takes 15 years for the company to earn back the $30 you paid for its stock, assuming the earnings stays constant over the next 15 years.

In real business, earnings never stay constant. If a company can grow its earnings, it takes fewer years for the company to earn back the price you pay for the stock. If a company's earnings decline it takes more years. As a shareholder, you want the company to earn back the price you pay as soon as possible. Therefore, lower P/E stocks are more attractive than higher P/E stocks so long as the PE Ratio is positive. Also for stocks with the same PE Ratio, the one with faster growth business is more attractive.

If a company loses money, the PE Ratio becomes meaningless.

To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the PE Ratio divided by the growth ratio. He thinks a company with a PE Ratio equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a PE Ratio of 20, instead of a company growing 10% a year with a PE Ratio of 10.

Because the PE Ratio measures how long it takes to earn back the price you pay, the PE Ratio can be applied to the stocks across different industries. That is why it is the one of the most important and widely used indicators for the valuation of stocks.

Similar to the PE Ratio without NRI or PS Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PE Ratio measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

Investors need to be aware that the PE Ratio can be misleading a lot of times, especially when the underlying business is cyclical and unpredictable. As Peter Lynch pointed out, cyclical businesses have higher profit margins at the peaks of the business cycles. Their earnings are high and PE Ratios are artificially low. It is usually a bad idea to buy a cyclical business when the PE Ratio is low. A better ratio to identify the time to buy a cyclical businesses is the PS Ratio .

PE Ratio can also be affected by non-recurring-items such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio.


Community Trust Bancorp PE Ratio Related Terms

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Community Trust Bancorp (Community Trust Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
346 North Mayo Trail, P.O. Box 2947, Pikeville, KY, USA, 41502
Community Trust Bancorp Inc is a bank holding company. The Bank owns all the capital stock of one commercial bank and one trust company, serving small and mid-sized communities in eastern, north-eastern, central, and southcentral Kentucky, southern West Virginia, and north-eastern Tennessee. Through its subsidiaries, the Bank is engaged in commercial and personal banking and trust and wealth management activities, which include accepting time and demand deposits; making secured and unsecured loans to corporations, individuals, and others; providing cash management services to corporate and individual customers; issuing letters of credit; renting safe deposit boxes; and providing funds transfer services.
Executives
James B Draughn officer: Executive Vice President C/O COMMUNITY TRUST BANCORP INC, PO BOX 2947, PIKEVILLE KY 41502-2947
Franky Minnifield other: Director of Lead Bank 4809 CHAFFEY LANE, LEXINGTON KY 415020351
Ricky D Sparkman officer: Executive Vice President 1218 E BROADWAY, CAMPBELLSVILLE KY 42718
Kevin J Stumbo officer: Executive Vice President C/O COMMUNITY TRUST BANK, INC., PO BOX 2947, PIKEVILLE KY 41502-2947
David Andrew Jones officer: Executive Vice President 1544 WINCHESTER AVENUE, ASHLAND KY 41101
Farris Franklin H Jr director 2008 HIGH RIDGE ROAD, LOUISVILLE KY 40207
Mark A Gooch officer: EVP & Treasurer, other: Pres/CEO Community Trust Bank PO BOX 2947, PIKEVILLE KY 41502-2947
Chad C Street other: Director of Lead Bank 684 CEDAR CREEK ROAD, PIKEVILLE KY 41501-1432
M Lynn Parrish director PO BOX 2725, PIKEVILLE KY 41502-2725
Charles J Baird director P O BOX 351, PIKEVILLE KY 415020351
Billie J. Dollins officer: Executive Officer 3205 PEPPERHILL ROAD, LEXINGTON KY 40502
James J Gartner officer: Executive Vice President PO BOX 2947, PIKEVILLE KY 41502-2947
Andy D Waters officer: Executive Vice President 100 EAST VINE STREET, LEXINGTON KY 40507-1406
David I Tackett officer: Executive Vice President COMMUNITY TRUST BANK, INC., PO BOX 2974, PIKEVILLE KY 41502-2974
Richard W Newsom officer: Executive Vice President PO BOX 2947, PIKEVILLE KY 41502-2947