National Bankshares, Inc. (NKSH) P/E Ratio History
Historical price-to-earnings valuation from 1996 to 2025
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NKSH Valuation Context
How does the current P/E compare to historical and market benchmarks?
P/E Ratio Analysis
As of May 6, 2026, National Bankshares, Inc. (NKSH) trades at a price-to-earnings ratio of 14.6x, with a stock price of $36.46 and trailing twelve-month earnings per share of $2.49.
The current P/E is 12% above its 5-year average of 13.0x. Over the past five years, NKSH's P/E has ranged from a low of 7.1x to a high of 23.6x, placing the current valuation at the 70th percentile of its historical range.
Compared to the Financial Services sector median P/E of 13.3x, NKSH is roughly in line with its sector peers. The sector includes 779 companies with P/E ratios ranging from 0.0x to 197.4x.
Relative to the broader market, NKSH trades at a notable discount to 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 NKSH 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.
NKSH P/E vs Peers
P/E ratio compared to closely matched public peers
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
| $579M | 18.7 | - | +32% | |
| $175M | 13.3 | - | +210%Best | |
| $2B | 13.4 | 1.91 | +13% | |
| $204M | 14.5 | 2.85 | +9% | |
| $5B | 20.7 | 3.96 | +12% | |
| $246M | 13.9 | 9.31 | +96% | |
| $1B | 12.3 | 0.84Best | +22% | |
| $243M | 11.9Lowest | 1.06 | +40% | |
| $24B | 62.1 | 2.55 | -47% | |
| $11B | 23.9 | 2.37 | +19% |
Peers sorted by market capitalization. P/E below peers may indicate undervaluation or lower growth expectations. Consider PEG ratio for growth-adjusted comparison.
NKSH Historical P/E Data (1996–2025)
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Date | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2025 Q4 | Wed Dec 31 2025 00:00:00 GM | $33.53 | $2.48 | 13.5x | -1% |
| FY2025 Q3 | $29.44 | $2.04 | 14.4x | +6% | |
| FY2025 Q2 | Mon Jun 30 2025 00:00:00 GM | $27.20 | $1.77 | 15.4x | +13% |
| FY2025 Q1 | Mon Mar 31 2025 00:00:00 GM | $26.63 | $1.36 | 19.6x | +44% |
| FY2024 Q4 | $28.71 | $1.22 | 23.6x | +73% | |
| FY2024 Q3 | Mon Sep 30 2024 00:00:00 GM | $29.90 | $1.45 | 20.6x | +51% |
| FY2024 Q2 | Sun Jun 30 2024 00:00:00 GM | $28.28 | $1.55 | 18.3x | +34% |
| FY2024 Q1 | Sun Mar 31 2024 00:00:00 GM | $33.41 | $2.26 | 14.8x | +8% |
| FY2023 Q4 | Sun Dec 31 2023 00:00:00 GM | $32.35 | $2.66 | 12.2x | -11% |
| FY2023 Q3 | Sat Sep 30 2023 00:00:00 GM | $25.04 | $3.52 | 7.1x | -48% |
| FY2023 Q2 | Fri Jun 30 2023 00:00:00 GM | $29.19 | $4.03 | 7.2x | -47% |
| FY2023 Q1 | Fri Mar 31 2023 00:00:00 GM | $31.46 | $4.30 | 7.3x | -46% |
Average P/E for displayed period: 13.6x
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Start ComparisonNKSH — Frequently Asked Questions
Quick answers to the most common questions about buying NKSH stock.
Is NKSH stock overvalued or undervalued?
NKSH trades at 14.6x P/E, near its 5-year average of 13.0x. The 70th percentile ranking places valuation within normal historical bounds.
How does NKSH's valuation compare to peers?
National Bankshares, Inc. P/E of 14.6x compares to sector median of 13.3x. The premium reflects expected growth above peers.
What is NKSH's PEG ratio?
NKSH PEG ratio is N/A. Above 2.0 indicates premium valuation relative to growth rate. Historical P/E data spans 1996-2025.