Start with its own history
At 12.12×, EBTC is 12.3% 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 · EBTCBanks - RegionalUpdated Nov 4, 2026
Enterprise Bancorp, Inc. P/E ratio
Current valuation, historical context, and peer comparisons.
Current P/E ratio
12.12×
12.3% belowthe 10-year annual average
Share price39.64
÷Earnings per share3.27
Price and EPS in quote currency. Calculation details
Investors are paying 12.12 for every 1 of reported earnings per share.
P/E over time
2015 – 2024
Annual P/ESelected-period average 13.82×
3-year average11.00×3 positive annual observations
5-year average11.10×5 positive annual observations
10-year average13.82×10 positive annual observations
Peer median · TTM13.05×8 peers with positive P/E
Historical P/E ratios
Annual period-end data · 20 observations
| Period end | P/E | Change |
|---|---|---|
| Dec 31, 2024 | 12.63× | +21.8% |
| Dec 31, 2023 | 10.37× | +3.7% |
| Dec 31, 2022 | 10.00× | -21.9% |
| Dec 31, 2021 | 12.80× | +32.2% |
| Dec 31, 2020 | 9.68× | -17.1% |
| Dec 31, 2019 | 11.68× | -10.3% |
| Dec 31, 2018 | 13.02× | -35.8% |
| Dec 31, 2017 | 20.27× | -7.7% |
View all 20 annual observations +
| Period end | P/E | Change |
|---|---|---|
| Dec 31, 2016 | 21.96× | +39.4% |
| Dec 31, 2015 | 15.76× | -15.7% |
| Dec 31, 2014 | 18.70× | +12.2% |
| Dec 31, 2013 | 16.67× | +21.1% |
| Dec 31, 2012 | 13.77× | -76.9% |
| Dec 31, 2011 | 59.58× | +368.8% |
| Dec 31, 2010 | 12.71× | +3.3% |
| Dec 31, 2009 | 12.30× | -29.2% |
| Dec 31, 2008 | 17.38× | +62.2% |
| Dec 31, 2007 | 10.72× | -24.8% |
| Dec 31, 2006 | 14.25× | -4.7% |
| Dec 31, 2005 | 14.95× | N/M |
Change is relative to the preceding observation. N/M values are excluded from averages.
How EBTC compares
Company P/E vs. peer trailing-12-month ratios
| Company | P/E ratio |
|---|---|
 EBTC This stockEnterprise Bancorp, Inc. | 12.12× |
 AMNBAmerican National Bankshares Inc. | 19.41× |
 LBCLuther Burbank Corporation | 5.79× |
 GNTYGuaranty Bancshares, Inc. | 17.73× |
 MCBCMacatawa Bank Corporation | 11.76× |
 CSTRCapStar Financial Holdings, Inc. | 14.26× |
 MBINMerchants Bancorp | 8.79× |
 TFINTriumph Financial, Inc. | 32.94× |
 HTBHomeTrust Bancshares, Inc. | 11.84× |
Peers are selected by the data provider. Business models and earnings definitions can differ.
Put the numbers in context
What does EBTC’s P/E tell you?
Compare like with like
The median of the 8 positive peer ratios above is 13.05×. 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 EBTC 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("EBTC", "PE Ratio", "LQ")Sources & calculation methodology
Current P/E
Share price 39.64 ÷ EPS 3.27 = 12.12×. Data is supplied by Financial Modeling Prep through Wisesheets. Quote feed updated Nov 4, 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.
EBTC P/E ratio: common questions
The essentials behind the numbers.
Enterprise Bancorp, Inc.'s current P/E is 12.12× based on the quote data last updated Nov 4, 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.