Eastern Bankshares, Inc. (EBC) P/E Ratio History
ExpensiveTrading at 55.2x vs 5Y avg 42.3x · 76th percentile · Material premium to history · Data 2020–2026
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P/E Ratio Analysis
As of June 29, 2026, Eastern Bankshares, Inc. (EBC) trades at a price-to-earnings ratio of 55.2x, with a stock price of $22.09 and trailing twelve-month earnings per share of $1.66.
The current P/E is 31% above its 5-year average of 42.3x. Over the past five years, EBC's P/E has ranged from a low of 4.8x to a high of 270.9x, placing the current valuation at the 76th percentile of its historical range.
Compared to the Financial Services sector median P/E of 14.2x, EBC trades at a 289% premium to its sector peers. The sector includes 801 companies with P/E ratios ranging from 0.0x to 157.7x.
The PEG ratio of 2.19 (P/E divided by -39% EPS growth) suggests the stock may be expensive relative to its earnings growth. Peter Lynch popularized the rule that a PEG below 1.0 indicates an attractive entry point.
Relative to the broader market, EBC commands a significant premium over the S&P 500 median P/E of 25.3x. 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 EBC 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.
EBC Cross-Benchmark Valuation
How does the current P/E compare to sector peers and the broader market?
EBC P/E vs Peers
Banks with large fee businesses peers sorted by market cap
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
| $4B | 19.1 | 4.67 | -2% | |
| $3B | 14.9 | 2.12 | +13% | |
| $2B | 22.5 | - | -16% | |
| $1B | 16.7 | 6.00 | -29% | |
| $30B | 18.2 | 1.56 | +27% | |
| $11B | 14.0 | 0.70Best | +12% | |
| $11B | 15.9 | 1.76 | +2% | |
| $747M | 11.1Lowest | 2.10 | +3% | |
| $5B | 11.6 | 0.83 | +32%Best |
Lower P/E can signal a discount or weaker growth expectations; PEG adds growth context.
EBC Historical P/E Data (2020–2026)
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Period End | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2026 Q1 | - | $19.56 | $1.78 | 11.0x | -74% |
| FY2025 Q4 | Dec 31 2025 | $18.43 | $0.40 | 46.1x | +9% |
| FY2025 Q3 | - | $18.15 | $0.24 | 75.6x | +79% |
| FY2024 Q4 | - | $17.25 | $0.67 | 25.8x | -39% |
| FY2024 Q3 | Sep 30 2024 | $16.39 | $2.33 | 7.0x | -83% |
| FY2024 Q2 | Jun 30 2024 | $13.98 | $2.72 | 5.1x | -88% |
| FY2024 Q1 | Mar 31 2024 | $13.78 | $2.86 | 4.8x | -89% |
| FY2023 Q4 | Dec 31 2023 | $14.20 | $1.42 | 10.0x | -76% |
| FY2022 Q4 | Dec 31 2022 | $17.25 | $1.20 | 14.4x | -66% |
| FY2022 Q3 | Sep 30 2022 | $19.64 | $1.14 | 17.2x | -59% |
| FY2022 Q2 | - | $18.46 | $1.03 | 17.9x | -58% |
| FY2022 Q1 | - | $21.54 | $0.92 | 23.4x | -45% |
| FY2021 Q4 | Dec 31 2021 | $20.17 | $0.90 | 22.4x | -47% |
| FY2021 Q3 | - | $20.30 | $0.44 | 46.1x | +9% |
| FY2021 Q2 | Jun 30 2021 | $20.57 | $0.36 | 57.1x | +35% |
| FY2021 Q1 | Mar 31 2021 | $19.29 | $0.30 | 64.3x | +52% |
| FY2020 Q4 | - | $16.31 | $0.06 | 270.9x | +540% |
Average P/E for displayed period: 42.3x
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
6+ years return with dividends reinvested.
DCA Calculator
See how regular investing compounds over time.
Peer Comparison
Compare growth, multiples, and margins vs sector.
EBC — Frequently Asked Questions
Quick answers to the most common questions about buying EBC stock.
What is EBC's P/E ratio?
Eastern Bankshares, Inc. (EBC) trailing twelve-month P/E ratio is 55.2x, based on TTM diluted EPS of $1.66. The 5-year average P/E is 42.3x and the historical range spans 4.8x to 270.9x.
Is EBC stock overvalued or undervalued?
EBC trades at 55.2x P/E, above its 5-year average of 42.3x. The 76th percentile ranking within the 4.8x–270.9x historical range indicates a premium to historical valuation.
Is EBC stock expensive?
Yes, EBC is expensive relative to its own history. The current P/E of 55.2x is above the 5-year average of 42.3x and also above the Financial Services sector median of 14.2x. The stock sits at the 76th percentile of its 5-year valuation range.
What is EBC's historical P/E range?
Over the past 5 years, EBC's P/E ratio has ranged from 4.8x to 270.9x, with a median of 22.4x and an average of 42.3x. The current P/E of 55.2x places the stock at the 76th percentile of this range. Full historical data spans 2020–2026.
How does EBC's P/E compare to the S&P 500?
EBC trades at 55.2x P/E versus the S&P 500 median of 25.3x. The 118% premium to the market typically reflects higher expected earnings growth or quality.
How does EBC's valuation compare to Financial Services peers?
Eastern Bankshares, Inc. P/E of 55.2x compares to the Financial Services sector median of 14.2x. The premium reflects expected growth above peers or stronger fundamentals. See the peer comparison table on this page for ticker-by-ticker P/E and PEG.
What is EBC's PEG ratio?
EBC PEG ratio is 2.19, based on a P/E of 55.2x and EPS growth of -39.4%. A PEG above 2.0 indicates a premium valuation relative to earnings growth — typically considered expensive.
What is EBC's earnings yield?
EBC earnings yield is 1.81%, the inverse of its 55.2x P/E ratio. Earnings yield represents the percentage of each dollar invested that the company earns. It can be compared directly to bond yields to assess relative attractiveness of stocks versus fixed income.