We’ve recently updated our valuation analysis.

Eastern Bankshares Valuation

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

Valuation Score

1/6

Valuation Score 1/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

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

Other financial metrics that can be useful for relative valuation.

EBC key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenuen/a
Enterprise Value/EBITDAn/a
PEG Ratio1.2x

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for EBC vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average12.1x
CBCY.B Central Bancompany
11.3xn/aUS$2.8b
BANF BancFirst
18.8x3.8%US$3.3b
FULT Fulton Financial
11.9x9.5%US$3.1b
PACW PacWest Bancorp
6.2x-2.1%US$3.0b
EBC Eastern Bankshares
15.9x13.3%US$3.1b

Price-To-Earnings vs Peers: EBC is expensive based on its Price-To-Earnings Ratio (15.9x) compared to the peer average (12.1x).


Price to Earnings Ratio vs Industry

How does EBC's PE Ratio compare vs other companies in the US Banks Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a8.1%
n/an/an/a

Price-To-Earnings vs Industry: EBC is expensive based on its Price-To-Earnings Ratio (15.9x) compared to the US Banks industry average (10x)


Price to Earnings Ratio vs Fair Ratio

What is EBC'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.

EBC PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio15.9x
Fair PE Ratio13.1x

Price-To-Earnings vs Fair Ratio: EBC is expensive based on its Price-To-Earnings Ratio (15.9x) compared to the estimated Fair Price-To-Earnings Ratio (13.1x).


Share Price vs Fair Value

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

Below Fair Value: EBC ($19.01) is trading above our estimate of fair value ($6.68)

Significantly Below Fair Value: EBC is trading above our estimate of fair value.


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 EBC forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$19.01
US$23.25
+22.3%
4.7%US$25.00US$22.00n/a4
Nov ’23US$18.89
US$23.25
+23.1%
4.7%US$25.00US$22.00n/a4
Oct ’23US$19.64
US$24.75
+26.0%
8.3%US$28.00US$23.00n/a4
Sep ’23US$19.38
US$24.50
+26.4%
9.4%US$28.00US$22.00n/a4
Aug ’23US$20.35
US$24.30
+19.4%
8.6%US$28.00US$22.00n/a5
Jul ’23US$18.99
US$23.70
+24.8%
6.5%US$26.00US$22.00n/a5
Jun ’23US$19.20
US$23.90
+24.5%
6.0%US$26.00US$22.00n/a5
May ’23US$19.16
US$24.30
+26.8%
5.5%US$26.00US$22.00n/a5
Apr ’23US$21.56
US$24.75
+14.8%
2.8%US$26.00US$24.00n/a6
Mar ’23US$21.08
US$24.50
+16.2%
3.1%US$26.00US$24.00n/a6
Feb ’23US$21.11
US$24.50
+16.1%
3.1%US$26.00US$24.00n/a6
Jan ’23US$20.17
US$24.50
+21.5%
3.1%US$26.00US$24.00n/a6
Dec ’22US$19.60
US$24.80
+26.5%
3.0%US$26.00US$24.00n/a5
Nov ’22US$21.05
US$24.50
+16.4%
4.6%US$26.00US$23.00US$18.894
Oct ’22US$20.70
US$24.25
+17.1%
3.4%US$25.00US$23.00US$19.644
Sep ’22US$19.50
US$24.25
+24.4%
3.4%US$25.00US$23.00US$19.384
Aug ’22US$18.25
US$24.50
+34.2%
2.0%US$25.00US$24.00US$20.354
Jul ’22US$20.35
US$24.50
+20.4%
2.0%US$25.00US$24.00US$18.994
Jun ’22US$22.21
US$24.50
+10.3%
2.0%US$25.00US$24.00US$19.204
May ’22US$21.33
US$23.25
+9.0%
5.6%US$25.00US$22.00US$19.164
Apr ’22US$19.60
US$20.60
+5.1%
10.9%US$23.00US$17.00US$21.565
Mar ’22US$17.81
US$18.70
+5.0%
5.2%US$20.00US$17.00US$21.085
Feb ’22US$16.10
US$18.63
+15.7%
5.8%US$20.00US$17.00US$21.114
Jan ’22US$16.31
US$17.88
+9.6%
5.0%US$19.00US$17.00US$20.174
Dec ’21US$15.02
US$15.75
+4.9%
8.2%US$17.00US$14.00US$19.604
Nov ’21US$11.95
US$14.50
+21.3%
3.4%US$15.00US$14.00US$21.052

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.


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