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Civista Bancshares (Civista Bancshares) PE Ratio

: 5.53 (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 (2024-04-23), Civista Bancshares's share price is $15.14. Civista Bancshares's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was $2.74. Therefore, Civista Bancshares's PE Ratio for today is 5.53.

Good Sign:

Civista Bancshares Inc stock PE Ratio (=5.58) is close to 10-year low of 5.03

During the past 13 years, Civista Bancshares's highest PE Ratio was 30.06. The lowest was 5.03. And the median was 10.02.

Civista Bancshares's EPS (Diluted) for the three months ended in Dec. 2023 was $0.62. Its EPS (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was $2.74.

As of today (2024-04-23), Civista Bancshares's share price is $15.14. Civista Bancshares's EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2023 was $2.74. Therefore, Civista Bancshares's PE Ratio without NRI ratio for today is 5.53.

During the past 13 years, Civista Bancshares's highest PE Ratio without NRI was 30.06. The lowest was 5.03. And the median was 10.02.

Civista Bancshares's EPS without NRI for the three months ended in Dec. 2023 was $0.62. Its EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2023 was $2.74.

During the past 12 months, Civista Bancshares's average EPS without NRI Growth Rate was 5.00% per year. During the past 3 years, the average EPS without NRI Growth Rate was 10.90% per year. During the past 5 years, the average EPS without NRI Growth Rate was 18.60% per year. During the past 10 years, the average EPS without NRI Growth Rate was 14.90% per year.

During the past 13 years, Civista Bancshares's highest 3-Year average EPS without NRI Growth Rate was 83.70% per year. The lowest was -57.90% per year. And the median was 7.40% per year.

Civista Bancshares's EPS (Basic) for the three months ended in Dec. 2023 was $0.62. Its EPS (Basic) for the trailing twelve months (TTM) ended in Dec. 2023 was $2.74.

Back to Basics: PE Ratio


Civista Bancshares PE Ratio Historical Data

The historical data trend for Civista Bancshares'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.

Civista Bancshares Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.94 8.77 9.28 8.47 6.75

Civista Bancshares Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
PE Ratio Get a 7-Day Free Trial 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 8.47 5.94 5.90 5.36 6.75

Competitive Comparison

For the Banks - Regional subindustry, Civista Bancshares'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.


Civista Bancshares PE Ratio Distribution

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

* The bar in red indicates where Civista Bancshares's PE Ratio falls into.



Civista Bancshares 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.

Civista Bancshares's PE Ratio for today is calculated as

PE Ratio=Share Price/Earnings per Share (Diluted) (TTM)
=15.14/2.740
=5.53

Civista Bancshares's Share Price of today is $15.14.
Civista Bancshares'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 $2.74.


* 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, 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.


Civista Bancshares  (NAS:CIVB) 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.


Civista Bancshares PE Ratio Related Terms

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Civista Bancshares (Civista Bancshares) Business Description

Traded in Other Exchanges
N/A
Address
100 East Water Street, P.O. Box 5016, Sandusky, OH, USA, 44870
Civista Bancshares Inc is a financial holding company. Operating through its subsidiary, it engages in the business of community banking. Its business activity involves collecting customer deposits, making loans, purchasing securities, and offering trust services to its clients. The company's loan portfolio includes commercial and agriculture, commercial real estate-owner occupied, commercial real estate non-owner occupied, residential real estate, real estate construction, and consumer loans. Majority of its revenues are derived from the interest and fees gained on loans.
Executives
Gerald B Wurm other: Affiliate Director 100 EAST WATER STREET, SANDUSKY OH 44870
Darci L Congrove director 756 JAEGER STREET, COLUMBUS OH 43206
Mark J. Macioce director 10585 WYNDTREE DRIVE, CONCORD TOWNSHIP OH 44077
Nathan E Weaks other: Subsidiary Director 1514 COUNTY ROAD 4-1, SWANTON OH 43558
Julie A Mattlin director 6368 COOK ROAD, GUILFORD IN 47022
Allen R Nickles director 100 EAST WATER STREET, SANDUSKY OH 44870
Lorina W Wise director 9224 JACKIES BEND, REYNOLDSBURG OH 43068
William F Ritzmann director 19813 LAKEVIEW DRIVE, LAWRENCEBURG IN 47025
Perfect Clyde A Jr other: Subsidiary Director 20760 MOUNT PLEASANT ROAD, LAWRENCEBURG IN 47025
Edwards Russell L Jr officer: Senior Vice President 3630 LUDGATE ROAD, SHAKER HEIGHTS OH 44120
Kessler Carl A Iii officer: Senior Vice President 4529 SECRETARIAT COURT, AVON OH 44011
Curry Robert L Jr officer: Senior Vice President 720 JASMINE AVENUE, MARBLEHEAD OH 43440-1844
Harry Singer other: Subsidiary Director 5309 GOLFWAY LANE, LYNDHURST OH 44124
Barry W Boerger director 12175 URBANNA WOODSTOCK PK, MILFORD CENTER OH 43045
Murray Dennis E Jr director 2035 CEDAR POINT ROAD, SANDUSKY OH 44870