Start with its own history
At 15.71×, SYBT is 11.8% 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
15.71×
11.8% belowthe 10-year annual average
Price and EPS in quote currency. Calculation details
Investors are paying 15.71 for every 1 of reported earnings per share.
Annual period-end data · 25 observations
| Period end | P/E | Change |
|---|---|---|
| Dec 31, 2025 | 13.62× | -25.7% |
| Dec 31, 2024 | 18.31× | +31.3% |
| Dec 31, 2023 | 13.95× | -30.4% |
| Dec 31, 2022 | 20.06× | -5.8% |
| Dec 31, 2021 | 21.29× | +37.3% |
| Dec 31, 2020 | 15.51× | +10.3% |
| Dec 31, 2019 | 14.06× | +5.0% |
| Dec 31, 2018 | 13.39× | -40.0% |
| Period end | P/E | Change |
|---|---|---|
| Dec 31, 2017 | 22.31× | -12.6% |
| Dec 31, 2016 | 25.52× | +71.2% |
| Dec 31, 2015 | 14.91× | +6.6% |
| Dec 31, 2014 | 13.98× | -16.6% |
| Dec 31, 2013 | 16.76× | +37.9% |
| Dec 31, 2012 | 12.15× | +1.2% |
| Dec 31, 2011 | 12.01× | -17.8% |
| Dec 31, 2010 | 14.62× | -17.8% |
| Dec 31, 2009 | 17.79× | +3.8% |
| Dec 31, 2008 | 17.13× | +21.3% |
| Dec 31, 2007 | 14.12× | -20.6% |
| Dec 31, 2006 | 17.78× | +10.8% |
| Dec 31, 2005 | 16.05× | -8.7% |
| Dec 31, 2004 | 17.59× | +11.9% |
| Dec 31, 2003 | 15.72× | -1.2% |
| Dec 31, 2002 | 15.92× | -3.6% |
| Dec 31, 2001 | 16.52× | 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 |
|---|---|
SYBT This stockStock Yards Bancorp, Inc. | 15.71× |
WTFCWintrust Financial Corporation | 11.80× |
OFGOFG Bancorp | 9.92× |
WNEBWestern New England Bancorp, Inc. | 14.05× |
HBTHBT Financial, Inc. | 14.71× |
TRMKTrustmark Corporation | 11.38× |
EFSCEnterprise Financial Services Corp | 12.72× |
BUSEFirst Busey Corporation | 11.94× |
WASHWashington Trust Bancorp, Inc. | 11.99× |
Peers are selected by the data provider. Business models and earnings definitions can differ.
Put the numbers in context
At 15.71×, SYBT is 11.8% 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 11.96×. 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("SYBT", "PE Ratio", "LQ")Share price 81.53 ÷ EPS 5.19 = 15.71×. Data is supplied by Financial Modeling Prep through Wisesheets. Quote feed updated Nov 5, 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.
Stock Yards Bancorp, Inc.'s current P/E is 15.71× based on the quote data last updated Nov 5, 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.