Basis: FMP quote price / unrounded FMP forward EPS in the trading currency, available after its recorded retrieval time. Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 13.07 as of 2026-10-06T13:35:58.158Z.
Consensus retrieved: 2026-10-06T09:56:19.529Z. This records retrieval, including cache reads, rather than vendor publication. The calculation uses the separately dated price and estimate available at its as-of time.
Calculation as of: 2026-10-06T13:35:58.158Z.
Quote observation: 2026-10-06T13:35:01.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 1e0c36faf6ef98fb246e33c0c8b3b9fd0c2337a59504d9a6543fa2e21cb3f9d9
Forward PE Ratio (13.07) = Dated Quote Price ($55.38) / Consensus Forward EPS ($4.24)
FORWARD PE RATIO
13.07
SECTOR MEDIAN · FINANCIAL SERVICES
11.36
median of 261 covered companies
CURRENT VS SECTOR MEDIAN
+15.05%
vs the sector median at left
Commerce Bancshares, Inc.
Market Cap
$8.07B
Forward PE Ratio
13.07
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Commerce Bancshares, Inc. (CBSH) | $8.07B | 13.07 |
| Columbia Banking System, Inc. (COLB)vs › | $8.19B | 9.56 |
| BOK Financial Corporation (BOKF)vs › | $7.80B | 12.14 |
| Central Bancompany (CBC)vs › | $7.67B | 16.77 |
| Galaxy Digital (GLXY)vs › | $7.60B | N/A |
| Kinsale Capital Group, Inc. (KNSL)vs › | $7.53B | 15.56 |
| TeraWulf Inc. (WULF)vs › | $7.40B | N/A |
| Voya Financial, Inc. (VOYA)vs › | $8.91B | 10.77 |
| Valley National Bancorp (VLY)vs › | $7.13B | 10.09 |
| FirstCash Holdings, Inc (FCFS)vs › | $9.17B | 18.72 |
Trailing P/E
13.5
reported TTM EPS
Forward P/E
13.1
consensus EPS · fiscal year ending 2026-12-31
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $4.24 implies +3.2% EPS growth vs the reported trailing $4.11.
At the dated quote price of $55.38, each upcoming fiscal year's consensus EPS implies a different multiple — how quickly the price is "paid down" by expected earnings if the estimates hold.
| Fiscal year end | Consensus EPS | Estimate range | Analysts | Implied P/E |
|---|---|---|---|---|
| 2026-12-31 | $4.24 | $4.07 – $4.37 | 9 | 13.1x |
| 2027-12-31 | $4.58 | $4.39 – $4.79 | 9 | 12.1x |
| 2028-12-31 | $5.00 | $4.92 – $5.19 | 4 | 11.1x |
Source: FMP analyst consensus estimates, refreshed with the daily precompute. "n/m" = the consensus EPS is not positive, so a multiple is undefined. There is no forward P/E history chart here because charting one would require the estimates as they stood in the past, which we do not store — see the trailing P/E history for how the realized multiple has moved.
PE Ratio = Share Price / Diluted EPS (TTM)
The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
