Eastern Bankshares, Inc.

DB:EB0 Stock Report

Market Cap: €3.7b

Eastern Bankshares Valuation

Is EB0 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of EB0 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: EB0 (€17.5) is trading below our estimate of fair value (€20.87)

Significantly Below Fair Value: EB0 is trading below fair value, but not by a significant amount.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for EB0?

Key metric: As EB0 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for EB0. This is calculated by dividing EB0's market cap by their current earnings.
What is EB0's PE Ratio?
PE Ratio42.1x
EarningsUS$90.30m
Market CapUS$3.80b

Price to Earnings Ratio vs Peers

How does EB0's PE Ratio compare to its peers?

The above table shows the PE ratio for EB0 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average8.5x
CBK Commerzbank
8.5x8.8%€18.2b
FBP First BanCorp
11.5x1.5%US$3.5b
8303 SBI Shinsei Bank
9.2x-13.0%JP¥567.1b
9889 Dongguan Rural Commercial Bank
4.9xn/aHK$24.6b
EB0 Eastern Bankshares
42.1x51.9%€3.8b

Price-To-Earnings vs Peers: EB0 is expensive based on its Price-To-Earnings Ratio (42.1x) compared to the peer average (8.3x).

Price to Earnings Ratio vs Industry

How does EB0's PE Ratio compare vs other companies in the European Banks Industry?

2 CompaniesPrice / EarningsEstimated GrowthMarket Cap
EB0 42.1xIndustry Avg. 7.4xNo. of Companies46PE0612182430+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: EB0 is expensive based on its Price-To-Earnings Ratio (42.1x) compared to the European Banks industry average (7.4x).

Price to Earnings Ratio vs Fair Ratio

What is EB0's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

EB0 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio42.1x
Fair PE Ratio20.6x

Price-To-Earnings vs Fair Ratio: EB0 is expensive based on its Price-To-Earnings Ratio (42.1x) compared to the estimated Fair Price-To-Earnings Ratio (20.6x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst EB0 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€17.50
€17.14
-2.1%
4.7%€17.60€15.75n/a4
Nov ’25€15.00
€17.14
+14.3%
4.7%€17.60€15.75n/a4
Oct ’25€14.60
€17.07
+16.9%
5.9%€18.07€15.36n/a5
Sep ’25€15.00
€16.81
+12.1%
5.2%€17.98€15.28n/a5
Aug ’25€15.10
€17.32
+14.7%
5.8%€18.48€15.71n/a4
Jul ’25€12.70
€15.25
+20.1%
6.8%€16.64€13.86n/a4
Jun ’25€12.30
€15.25
+24.0%
6.8%€16.64€13.86n/a4
May ’25€11.80
€15.25
+29.2%
6.8%€16.64€13.86n/a4
Apr ’25€12.50
€15.25
+22.0%
6.8%€16.64€13.86n/a4
Mar ’25€11.80
€15.25
+29.2%
6.8%€16.64€13.86n/a4
Feb ’25€12.70
€15.23
+20.0%
6.8%€16.62€13.85n/a4
Jan ’25€13.00
€13.94
+7.3%
9.7%€15.54€11.89n/a4
Dec ’24€10.80
€14.08
+30.3%
9.6%€16.09€12.30n/a4
Nov ’24€10.30
€14.08
+36.7%
9.6%€16.09€12.30€15.004
Oct ’24€11.50
€14.64
+27.3%
9.7%€16.05€12.27€14.604
Sep ’24€12.20
€13.60
+11.4%
6.9%€15.08€12.80€15.004
Aug ’24€12.70
€13.27
+4.5%
8.8%€14.97€11.79€15.104
Jul ’24€11.20
€12.65
+13.0%
6.0%€13.80€11.96€12.704
Jun ’24€10.00
€12.15
+21.5%
9.7%€13.63€10.45€12.304
May ’24€10.10
€12.42
+23.0%
7.0%€13.67€11.39€11.804
Apr ’24€11.10
€15.75
+41.9%
10.5%€17.60€13.90€12.505
Mar ’24€14.50
€16.37
+12.9%
9.0%€17.48€13.80€11.805
Feb ’24€14.70
€16.37
+11.4%
9.0%€17.48€13.80€12.705
Jan ’24€16.00
€21.83
+36.5%
5.3%€23.73€20.88€13.004
Dec ’23€18.50
€23.33
+26.1%
4.7%€25.09€22.08€10.804
Nov ’23€19.00
€23.33
+22.8%
4.7%€25.09€22.08€10.304

Analyst Forecast: Target price is lower than the current share price.

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