Start with its own history
At 11.84×, SBSI is 16.3% below its 10-observation annual average. A lower multiple can reflect a lower price, higher earnings, or weaker growth expectations—not necessarily a bargain.

Current valuation, historical context, and peer comparisons.
Current P/E ratio
11.84×
16.3% belowthe 10-year annual average
Price and EPS in quote currency. Calculation details
Investors are paying 11.84 for every 1 of reported earnings per share.
Annual period-end data · 25 observations
| Period end | P/E | Change |
|---|---|---|
| Dec 31, 2025 | 13.21× | +21.5% |
| Dec 31, 2024 | 10.88× | -2.1% |
| Dec 31, 2023 | 11.11× | +0.9% |
| Dec 31, 2022 | 11.01× | -8.4% |
| Dec 31, 2021 | 12.02× | -4.3% |
| Dec 31, 2020 | 12.56× | -25.2% |
| Dec 31, 2019 | 16.81× | +12.2% |
| Dec 31, 2018 | 14.98× | -19.1% |
| Period end | P/E | Change |
|---|---|---|
| Dec 31, 2017 | 18.51× | -9.0% |
| Dec 31, 2016 | 20.33× | +39.5% |
| Dec 31, 2015 | 14.57× | -47.4% |
| Dec 31, 2014 | 27.72× | +122.0% |
| Dec 31, 2013 | 12.48× | +13.1% |
| Dec 31, 2012 | 11.04× | +15.4% |
| Dec 31, 2011 | 9.56× | +2.2% |
| Dec 31, 2010 | 9.35× | +29.0% |
| Dec 31, 2009 | 7.25× | -38.2% |
| Dec 31, 2008 | 11.73× | -37.0% |
| Dec 31, 2007 | 18.64× | -23.8% |
| Dec 31, 2006 | 24.47× | +32.0% |
| Dec 31, 2005 | 18.54× | +3.1% |
| Dec 31, 2004 | 17.99× | +26.5% |
| Dec 31, 2003 | 14.22× | +32.8% |
| Dec 31, 2002 | 10.71× | +9.9% |
| Dec 31, 2001 | 9.74× | N/M |
Change is relative to the preceding observation. N/M values are excluded from averages.
Company P/E vs. peer trailing-12-month ratios
| Company | P/E ratio |
|---|---|
SBSI This stockSouthside Bancshares, Inc. | 11.84× |
FMBHFirst Mid Bancshares, Inc. | 11.92× |
HAFCHanmi Financial Corporation | 10.98× |
UVSPUnivest Financial Corporation | 12.15× |
TMPTompkins Financial Corporation | 8.03× |
AMALAmalgamated Financial Corp. | 12.39× |
FSUNFirstSun Capital Bancorp | 20.15× |
CPFCentral Pacific Financial Corp. | 11.67× |
BHRBBurke & Herbert Financial Services Corp. | 11.82× |
Peers are selected by the data provider. Business models and earnings definitions can differ.
Put the numbers in context
At 11.84×, SBSI is 16.3% below its 10-observation annual average. A lower multiple can reflect a lower price, higher earnings, or weaker growth expectations—not necessarily a bargain.
The median of the 8 positive peer ratios above is 11.87×. Check growth, margins, debt, and earnings quality before interpreting the gap. A faster-growing business may justify a higher multiple.
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
Pull historical P/E into Excel or Google Sheets with Wisesheets. Build your own comparisons alongside the rest of your financial model.
Explore Wisesheets=WISE("SBSI", "PE Ratio", "LQ")Share price 35.505 ÷ EPS 3 = 11.84×. Data is supplied by Financial Modeling Prep through Wisesheets. Quote feed updated Nov 2, 2026; this is not a real-time trading quote.
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.
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.
The essentials behind the numbers.
Southside Bancshares, Inc.'s current P/E is 11.84× 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.