Start with its own history
At 6.64×, SMMF is 39.9% 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 · SMMFBanks - RegionalUpdated Nov 4, 2026
Summit Financial Group, Inc. P/E ratio
Current valuation, historical context, and peer comparisons.
Current P/E ratio
6.64×
39.9% belowthe 10-year annual average
Share price25.7
÷Earnings per share3.87
Price and EPS in quote currency. Calculation details
Investors are paying 6.64 for every 1 of reported earnings per share.
P/E over time
2014 – 2023
Annual P/ESelected-period average 11.05×
3-year average7.32×3 positive annual observations
5-year average8.34×5 positive annual observations
10-year average11.05×10 positive annual observations
Peer median · TTM9.28×6 peers with positive P/E
Historical P/E ratios
Annual period-end data · 24 observations
| Period end | P/E | Change |
|---|---|---|
| Dec 31, 2023 | 8.03× | +32.3% |
| Dec 31, 2022 | 6.07× | -22.8% |
| Dec 31, 2021 | 7.87× | -13.8% |
| Dec 31, 2020 | 9.12× | -14.1% |
| Dec 31, 2019 | 10.62× | +24.9% |
| Dec 31, 2018 | 8.51× | -67.7% |
| Dec 31, 2017 | 26.32× | +54.9% |
| Dec 31, 2016 | 16.99× | +123.2% |
View all 24 annual observations +
| Period end | P/E | Change |
|---|---|---|
| Dec 31, 2015 | 7.62× | -18.1% |
| Dec 31, 2014 | 9.30× | -15.6% |
| Dec 31, 2013 | 11.01× | +36.5% |
| Dec 31, 2012 | 8.07× | +35.9% |
| Dec 31, 2011 | 5.93× | N/M |
| Dec 31, 2010 | N/M | N/M |
| Dec 31, 2009 | N/M | N/M |
| Dec 31, 2008 | 32.14× | +90.7% |
| Dec 31, 2007 | 16.85× | -7.2% |
| Dec 31, 2006 | 18.16× | +9.1% |
| Dec 31, 2005 | 16.65× | -21.7% |
| Dec 31, 2004 | 21.28× | +30.1% |
| Dec 31, 2003 | 16.36× | +53.7% |
| Dec 31, 2002 | 10.64× | -1.3% |
| Dec 31, 2001 | 10.78× | +2.0% |
| Dec 31, 2000 | 10.57× | N/M |
Change is relative to the preceding observation. N/M values are excluded from averages.
How SMMF compares
Company P/E vs. peer trailing-12-month ratios
| Company | P/E ratio |
|---|---|
 SMMF This stockSummit Financial Group, Inc. | 6.64× |
 SSBKSouthern States Bancshares, Inc. | 9.78× |
 CSTRCapStar Financial Holdings, Inc. | 14.26× |
 MBINMerchants Bancorp | 8.79× |
 FRCFirst Republic Bank | 0.00× |
 SI-PASilvergate Capital Corporation | N/M |
 CVCYCentral Valley Community Bancorp | 13.26× |
 LBCLuther Burbank Corporation | 5.79× |
 SMIHSummit Healthcare Acquisition Corp. | N/M |
Peers are selected by the data provider. Business models and earnings definitions can differ.
Put the numbers in context
What does SMMF’s P/E tell you?
Compare like with like
The median of the 6 positive peer ratios above is 9.28×. 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 SMMF 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("SMMF", "PE Ratio", "LQ")Sources & calculation methodology
Current P/E
Share price 25.7 ÷ EPS 3.87 = 6.64×. 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.
SMMF P/E ratio: common questions
The essentials behind the numbers.
Summit Financial Group, Inc.'s current P/E is 6.64× 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.