Start with its own history
At 9.70×, CASH is 7.6% below its 10-observation annual average. A lower multiple can reflect a lower price, higher earnings, or weaker growth expectations—not necessarily a bargain.
NASDAQ · CASHBanks - RegionalUpdated Nov 2, 2026
Pathward Financial, Inc. P/E ratio
Current valuation, historical context, and peer comparisons.
Current P/E ratio
9.70×
7.6% belowthe 10-year annual average
Share price77.43
÷Earnings per share7.98
Price and EPS in quote currency. Calculation details
Investors are paying 9.70 for every 1 of reported earnings per share.
P/E over time
2017 – 2026
Annual P/ESelected-period average 10.50×
3-year average9.07×3 positive annual observations
5-year average8.23×5 positive annual observations
10-year average10.50×10 positive annual observations
Peer median · TTM10.23×8 peers with positive P/E
Historical P/E ratios
Annual period-end data · 25 observations
| Period end | P/E | Change |
|---|---|---|
| Sep 30, 2026 | 8.70× | -7.1% |
| Sep 30, 2025 | 9.36× | +2.2% |
| Sep 30, 2024 | 9.16× | +19.4% |
| Sep 30, 2023 | 7.67× | +22.4% |
| Sep 30, 2022 | 6.27× | -47.7% |
| Sep 30, 2021 | 11.98× | +83.3% |
| Sep 30, 2020 | 6.54× | -50.1% |
| Sep 30, 2019 | 13.10× | -19.0% |
View all 25 annual observations +
| Period end | P/E | Change |
|---|---|---|
| Sep 30, 2018 | 16.16× | +0.2% |
| Sep 30, 2017 | 16.13× | +5.4% |
| Sep 30, 2016 | 15.30× | -2.2% |
| Sep 30, 2015 | 15.64× | +14.5% |
| Sep 30, 2014 | 13.66× | -13.7% |
| Sep 30, 2013 | 15.84× | +219.9% |
| Sep 30, 2012 | 4.95× | -60.6% |
| Sep 30, 2011 | 12.58× | +66.2% |
| Sep 30, 2010 | 7.57× | N/M |
| Sep 30, 2009 | N/M | N/M |
| Sep 30, 2008 | N/M | N/M |
| Sep 30, 2007 | 90.53× | +441.0% |
| Sep 30, 2006 | 16.73× | N/M |
| Sep 30, 2005 | N/M | N/M |
| Sep 30, 2004 | 13.72× | -14.1% |
| Sep 30, 2003 | 15.98× | -2.4% |
| Sep 30, 2002 | 16.38× | N/M |
Change is relative to the preceding observation. N/M values are excluded from averages.
How CASH compares
Company P/E vs. peer trailing-12-month ratios
| Company | P/E ratio |
|---|---|
 CASH This stockPathward Financial, Inc. | 9.70× |
 WTFCNWintrust Financial Corporation | 2.58× |
 MBINMerchants Bancorp | 8.66× |
 TBBKThe Bancorp, Inc. | 8.06× |
 ESQEsquire Financial Holdings, Inc. | 19.89× |
 CNOBConnectOne Bancorp, Inc. | 11.33× |
 CUBICustomers Bancorp, Inc. | 10.10× |
 EFSCEnterprise Financial Services Corp | 12.58× |
 UMBFUMB Financial Corporation | 10.35× |
Peers are selected by the data provider. Business models and earnings definitions can differ.
Put the numbers in context
What does CASH’s P/E tell you?
Compare like with like
The median of the 8 positive peer ratios above is 10.23×. Check growth, margins, debt, and earnings quality before interpreting the gap. A faster-growing business may justify a higher multiple.
Check what drives earnings
One-off gains can temporarily lower P/E; unusual charges can raise it. Reported earnings and forward estimates answer different questions. Pair this view with return on equity and liquidity for a fuller picture.
Keep your research connected
Take CASH into your spreadsheet
Pull historical P/E into Excel or Google Sheets with Wisesheets. Build your own comparisons alongside the rest of your financial model.
Explore WisesheetsQuarterly P/E · latest quarterLQ selects the latest reported quarter. Requires the Wisesheets add-in. See available data
=WISE("CASH", "PE Ratio", "LQ")Sources & calculation methodology
Current P/E
Share price 77.43 ÷ EPS 7.98 = 9.70×. Data is supplied by Financial Modeling Prep through Wisesheets. Quote feed updated Nov 2, 2026; this is not a real-time trading quote.
History & averages
Annual and quarterly P/E observations are provided separately from the current quote. Averages use the latest 3, 5, or 10 annual observations, excluding missing and nonpositive ratios. Pre-IPO observations are omitted. These are period-end observations, not daily averages.
Data definitions and limitations
The current quote feed does not specify the exact EPS filing-period end or whether EPS is basic or diluted. We do not label it as forward P/E. Peer ratios are explicitly trailing-12-month (TTM) values. Historical observations do not include independently verified price and EPS inputs. Sources may update on different schedules; rounded inputs can produce small calculation differences. Historical comparisons describe past pricing, not an estimate of fair value.
CASH P/E ratio: common questions
The essentials behind the numbers.
Pathward Financial, Inc.'s current P/E is 9.70× based on the quote data last updated Nov 2, 2026. It represents the share price divided by reported earnings per share. Prices and earnings may refresh on different schedules.
Annual P/E uses earnings for a completed fiscal year. Trailing-12-month (TTM) P/E uses the latest four quarters, while forward P/E uses forecast earnings. These are not interchangeable. This page labels peer ratios as TTM and shows dated annual or quarterly historical observations; it does not show forward estimates.
N/M means not meaningful: the feed has no positive P/E for that observation. Negative or zero earnings should not be ranked as a low positive valuation multiple. N/M observations are excluded from the averages shown above.
Divide the share price by earnings per share (EPS). For example, a share price of 100 and EPS of 5 gives a P/E of 20×. This page uses the price and EPS supplied together in the quote when both are positive.
Price timestamps, EPS definitions, share classes, adjustments, and fiscal periods can differ. A forward P/E also uses forecast earnings rather than reported earnings. Compare the inputs and as-of dates before comparing two displayed ratios.
Not necessarily. The average describes previous market pricing, not fair value. Changes in earnings quality, growth expectations, debt, accounting, and business risk can justify a different multiple today.