Companies: 10,795·Total market cap: $144.5T
Commerce Bancshares, Inc.

Commerce Bancshares, Inc.

CBSHNASDAQFinancial Services● Active
$53.53
+$0.48(+0.90%)
Market Cap$7.8B
P/E Ratio
52W High$63.19048
52W Low$46.99
Overview

Commerce Bancshares, Inc. (CBSH) PE Ratio — Current & Historical Data

Trailing twelve months (TTM) P/E, forward P/E, PEG, and annual PE history — from market prices and filings.

cbsh · pe ratio · data through Dec 31, 2025

Core PE Ratio Metrics

Trailing 12 months · TTM

The price-to-earnings (P/E) ratio for Commerce Bancshares, Inc. (CBSH) measures how much investors pay for each dollar of the company's trailing earnings. CBSH's current PE ratio of 13.55x is calculated by dividing its stock price of $53.53 by its TTM earnings per share of $3.95. −11.5% discount vs 5Y avg 15.3x

13.55x
P/E Ratio (TTM)11.5%

Source: FMP · /ratios-ttm · /analyst-estimates · 2025-12-31

Forward P/E
13.10x
FY2026 est. EPS $4.09
Based on 6 analysts
EPS (TTM)
$3.95
TTM · diluted EPS
PEG Ratio
5.48
Source: FMP · /ratios-ttm · /ratios annual · /analyst-estimates · /stock-peers · Commerce Bancshares, Inc. SEC 10-K & 10-Q filings · US GAAPUpdated: 2026-06-08

PE Ratio History

2006 – 2025 · Annual
PE Ratio (TTM)
5Y Avg 15.3x
EPS (Annual)

▸ FMP /ratios?period=annual&limit=20 · priceToEarningsRatio + netIncomePerShare (Annual)

Historical PE Range

Past 20 fiscal years · Front-end computed
Average
16.4x
20-yr mean
Median
16.0x
20-yr midpoint
Minimum
12.0x
Lowest year
Maximum
21.8x
Highest year
13.6x ← Now
12.0x
Min
Q1 · 25%16.0x
Median
Q3 · 75%21.8x
Max
Historically Low

At 13.55x, CBSH's current P/E is lower than in 15% of its annual fiscal year readings over the past 20 years — historically low.

15th percentileHigher than 3 of 20 historical fiscal year readings

Percentile calculated from annual fiscal year data points, not by trading day. Years where PE ≤ 0 or > 9,999 are excluded.

PE Ratio vs Peers

Banks - Regional · 6 peers · Annual PE
CompanyMarket CapPE (Annual)vs AvgEPS (TTM)
Commerce Bancshares, Inc.
Commerce Bancshares, Inc.You
CBSH
$7.8B13.55x+8.6%$3.95
BOK Financial Corporation
BOK Financial Corporation
BOKF
$7.9B12.49x+0.1%$9.49
Popular, Inc.
Popular, Inc.
BPOP
$10.0B10.10x-19.0%$12.33
Cadence Bank
Cadence Bank
CADE
$7.8B14.80x+18.6%$2.89
Cullen/Frost Bankers, Inc.
Cullen/Frost Bankers, Inc.
CFR
$8.9B12.51x+0.2%$10.13
Old National Bancorp
Old National Bancorp
ONB
$9.3B12.93x+3.6%$1.73
Prosperity Bancshares, Inc.
Prosperity Bancshares, Inc.
PB
$7.0B12.03x-3.5%$5.74
Industry Average
6 peers with valid PE
12.48xbaseline

* N/A — Company is not profitable (TTM) · excluded from industry average · ▸ FMP /stock-peers + /ratios?limit=1 · priceToEarningsRatio

Annual PE Ratio History

Showing 10 of 20 years
Fiscal Year EndPE RatioEPS (TTM)YoY ChangePE vs Max
2025-12-31Latest
FY2025
12.84x$4.08-19.3%
2024-12-31
FY2024
15.91x$3.92+9.3%
2023-12-31
FY2023
14.56x$3.49-16.8%
2022-12-31
FY2022
17.50x$3.53+10.8%
2021-12-31
FY2021
15.79x$3.76-27.6%
2020-12-31
FY2020
21.81x$2.48+17.8%
2019-12-31
FY2019
18.52x$2.87+28.2%
2018-12-31
FY2018
14.45x$2.91-22.8%
2017-12-31
FY2017
18.71x$2.12-12.3%
2016-12-31
FY2016
21.34x$1.83+33.0%

▸ FMP /ratios?period=annual&limit=20 · priceToEarningsRatio + netIncomePerShare · Zero extra API

About PE Ratio & Methodology

The price-to-earnings (P/E) ratio for Commerce Bancshares, Inc. (CBSH) measures how much investors pay for each dollar of the company's trailing earnings. CBSH's current PE ratio of 13.55x is calculated by dividing its stock price of $53.53 by its TTM earnings per share of $3.95.

PE Ratio = Stock Price ÷ EPS (TTM)
= $53.53 ÷ $3.95 = 13.55x
TTMTrailing Twelve Months — sum of the most recent 4 quarterly EPS figures
Forward PEStock price ÷ analyst consensus EPS estimate for the next fiscal year
PEGPE ÷ earnings growth rate — values below 1.0 suggest growth may justify the premium
Figures tie to SEC 10-K/10-Q and FMP ratio endpoints where noted.

Frequently asked questions

CBSH pe ratio · 6 questions

CBSH's current PE ratio is 13.55x as of 2026-06-08, based on a stock price of $53.53 and TTM EPS of $3.95. Data sourced from Financial Modeling Prep via CBSH's SEC 10-K and 10-Q filings.

CBSH PE ratioWhat is CBSH PE ratioCurrent PE ratio of CBSHCBSH PE ratio today

Source: FMP · /ratios-ttm · /ratios annual · /analyst-estimates · /stock-peers · Commerce Bancshares, Inc. SEC 10-K & 10-Q filings · US GAAP · Updated: 2026-06-08