Cullen/Frost Bankers PE ratio CFR

Share price divided by earnings per share over the last twelve months, since 2011.

Today, Oct 23, 2026: 14.8×
10-year median: 15.0×
Against its 10-year history: 47th; percentile: 0 is its lowest day, 100 its highest
10-year range: 7.7× to 22.9×
Peer median: 11.3×

Cullen/Frost Bankers' PE ratio is 14.8× as of Oct 23, 2026: a share price of $157.05 against $10.61 of earnings per share over the last twelve months.

That is below its ten-year median of 15.0×, close to the middle of its last ten years.

Over that time it ranged from 7.7× in Mar 2020 to 22.9× in Mar 2021.

The median for 10 diversified banks of a similar size is 11.3×.

PE ratio over time

median 15×

The dashed line is the 10-year median and the shaded band the middle half of its days.

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	14.8×	13.1×	16.0×
2025	13.2×	12.0×	17.7×
2024	16.7×	9.9×	17.6×
2023	10.4×	8.1×	18.4×
2022	18.0×	16.9×	22.2×
2021	19.0×	16.6×	22.9×
2020	16.4×	7.7×	16.4×
2019	13.9×	11.5×	15.3×
2018	13.2×	12.9×	20.4×
2017	18.0×	16.5×	21.4×
2016	20.5×	10.0×	20.5×
2015	13.4×	13.4×	18.1×
2014	17.0×	16.8×	20.9×
2013	19.5×	15.1×	20.0×
2012	14.3×	14.3×	17.1×
2011	15.0×	12.9×	17.0×

Against its peers

Companies in Banks - Diversified nearest Cullen/Frost Bankers' size, closest first, today.

Company	PE ratio
CFRCullen/Frost Bankers	14.8×
ONBOld National Bancorp	11.3×
ZIONZions Bancorporation, National Association	8.4×
UMBFUMB Financial	11.3×
FHNFirst Horizon	11.2×
BOKFBOK Financial	12.1×
VLYValley National Bancorp	11.9×
FNBFNB	10.8×
PNFPPinnacle Financial Partners	13.8×
FULTFulton Financial	11.3×
WSFSWSFS Financial	13.2×
Peer median	11.3×

Where Cullen/Frost Bankers ranks

#54of 65Diversified banks with the lowest PE ratio

What the PE ratio tells you

Share price divided by earnings per share over the last twelve months. It is the price tag on a dollar of profit: 20× means you pay $20 for $1 of yearly earnings.

Blank while earnings are negative. A very low PE can mean the market expects profits to fall, so read it with growth and the company's own history.

More on Cullen/Frost Bankers

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.