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Ameris Bancorp (FRA:AXU) Forward PE Ratio : 10.72 (As of May. 27, 2024)


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What is Ameris Bancorp Forward PE Ratio?

Ameris Bancorp's Forward PE Ratio for today is 10.72.

Ameris Bancorp's PE Ratio without NRI for today is 11.33.

Ameris Bancorp's PE Ratio for today is 11.68.


Ameris Bancorp Forward PE Ratio Historical Data

The historical data trend for Ameris Bancorp's Forward 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.

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Ameris Bancorp Forward PE Ratio Chart

Ameris Bancorp Annual Data
Trend 2020-12 2021-12 2022-12 2023-12 2024-05
Forward PE Ratio
12.18 10.85 8.94 11.93 10.53

Ameris Bancorp Quarterly Data
2020-03 2020-06 2020-09 2020-12 2021-03 2021-06 2021-09 2021-12 2022-03 2022-06 2022-09 2022-12 2023-03 2023-06 2023-09 2023-12 2024-03
Forward PE Ratio 5.52 7.04 6.82 12.18 12.24 11.16 11.36 10.85 9.49 8.39 8.55 8.94 7.11 7.47 8.64 11.93 10.50

Competitive Comparison of Ameris Bancorp's Forward PE Ratio

For the Banks - Regional subindustry, Ameris Bancorp's Forward PE Ratio, along with its competitors' market caps and Forward 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.


Ameris Bancorp's Forward PE Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Ameris Bancorp's Forward PE Ratio falls into.



Ameris Bancorp Forward PE Ratio Calculation

It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.


Ameris Bancorp  (FRA:AXU) Forward PE Ratio Explanation

The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.

Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. PE Ratio can be affected by Non Operating Income 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 .


Ameris Bancorp Forward PE Ratio Related Terms

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Ameris Bancorp (FRA:AXU) Business Description

Traded in Other Exchanges
Address
3490 Piedmont Road N.E., Suite 1550, Atlanta, GA, USA, 30305
Ameris Bancorp is a bank holding company that operates through Ameris Bank, its subsidiary. The company operates branches in Georgia, Alabama, Florida, and South Carolina. It offers traditional banking services such as business banking, personal banking, checking, savings, mobile banking, and others. The bank is organized into five segments: banking, retail mortgage, warehouse lending, SBA, and premium finance. The company generates most of its revenue from the banking division. Ameris intends to acquire banks in its geographic region to increase its market share and expand beyond its current market.