Associated Banc-Corp (ASBA) P/E Ratio History
Historical price-to-earnings valuation from 2023 to 2025
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ASBA Valuation Context
How does the current P/E compare to historical and market benchmarks?
P/E Ratio Analysis
As of May 8, 2026, Associated Banc-Corp (ASBA) trades at a price-to-earnings ratio of 31.3x, with a stock price of $25.03 and trailing twelve-month earnings per share of $1.06.
The current P/E is 54% above its 5-year average of 20.3x. Over the past five years, ASBA's P/E has ranged from a low of 8.1x to a high of 31.0x, placing the current valuation at the 100th percentile of its historical range.
Compared to the Financial Services sector median P/E of 13.1x, ASBA trades at a 138% premium to its sector peers. The sector includes 775 companies with P/E ratios ranging from 0.0x to 195.8x.
Relative to the broader market, ASBA commands a significant premium over the S&P 500 median P/E of 25.1x. Investors should consider the company's growth prospects, competitive position, and earnings quality when evaluating whether the current valuation is justified.
For a comprehensive intrinsic value estimate using discounted cash flow analysis, see our ASBA DCF Valuation Calculator →
Note: P/E ratio is just one valuation metric. It does not account for balance sheet strength, cash flow quality, or growth sustainability. Always conduct comprehensive due diligence before making investment decisions.
ASBA P/E vs Peers
P/E ratio compared to closely matched public peers
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
| $10B | 13.1 | 0.66Best | +12% | |
| $699M | 10.4 | 1.97 | +3% | |
| $4B | 10.3Lowest | 0.74 | +32% | |
| $10B | 14.4 | 1.59 | +2% | |
| $4B | 14.2 | 0.81 | +15% | |
| $10B | 16.4 | 5.51 | +1% | |
| $8B | 12.9 | 1.14 | +5% | |
| $24B | 12.2 | 0.70 | +19% | |
| $26B | 11.6 | 0.77 | +14% | |
| $12B | 13.0 | - | +38%Best |
Peers sorted by market capitalization. P/E below peers may indicate undervaluation or lower growth expectations. Consider PEG ratio for growth-adjusted comparison.
ASBA Historical P/E Data (2023–2025)
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Date | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2025 Q3 | $24.66 | $0.91 | 27.1x | +33% | |
| FY2025 Q2 | Mon Jun 30 2025 00:00:00 GM | $23.53 | $0.76 | 31.0x | +52% |
| FY2025 Q1 | Mon Mar 31 2025 00:00:00 GM | $24.09 | $0.87 | 27.7x | +36% |
| FY2024 Q4 | $24.71 | $0.80 | 30.9x | +52% | |
| FY2024 Q3 | Mon Sep 30 2024 00:00:00 GM | $24.74 | $1.24 | 20.0x | -2% |
| FY2024 Q2 | Sun Jun 30 2024 00:00:00 GM | $22.60 | $1.19 | 19.0x | -7% |
| FY2024 Q1 | Sun Mar 31 2024 00:00:00 GM | $22.76 | $0.99 | 23.0x | +13% |
| FY2023 Q4 | Sun Dec 31 2023 00:00:00 GM | $21.87 | $1.13 | 19.4x | -5% |
| FY2023 Q3 | Sat Sep 30 2023 00:00:00 GM | $20.25 | $2.45 | 8.3x | -59% |
| FY2023 Q2 | Fri Jun 30 2023 00:00:00 GM | $20.48 | $2.54 | 8.1x | -60% |
| FY2023 Q1 | Fri Mar 31 2023 00:00:00 GM | $23.74 | $2.54 | 9.3x | -54% |
Average P/E for displayed period: 20.3x
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Start ComparisonASBA — Frequently Asked Questions
Quick answers to the most common questions about buying ASBA stock.
Is ASBA stock overvalued or undervalued?
ASBA trades at 31.3x P/E, above its 5-year average of 20.3x. The 100th percentile ranking indicates a premium to historical valuation.
How does ASBA's valuation compare to peers?
Associated Banc-Corp P/E of 31.3x compares to sector median of 13.1x. The premium reflects expected growth above peers.
What is ASBA's PEG ratio?
ASBA PEG ratio is N/A. Above 2.0 indicates premium valuation relative to growth rate. Historical P/E data spans 2023-2025.