Associated Banc-Corp (ASB) Stock by the Numbers

Associated Banc-Corp (ASB) receives a strong valuation ranking of 97 from InvestorsObserver data analysis. The proprietary ranking system focuses on the underlying health of a company through analysis of its stock price, earnings, and growth rate. ASB has a better value than 97% of stocks based on these valuation analytics. Investors primarily focused on buy-and-hold strategies will find the valuation ranking relevant to their goals when making investment decisions.

ASB gets a 97 Valuation Rank today. Find out what this means to you and get the rest of the rankings on ASB!

See Full ASB Report

Metrics Analysis

ASB's trailing-12-month Price to Earnings (PE) ratio of 6.91 puts it below the historical average of roughly 15. ASB is a good value at its current trading price as investors are paying less than what its worth in relation to the company's earnings. ASB's trailing-12-month earnings per share (EPS) of 2.47 does justify what it is currently trading at in the market. Trailing PE ratios, however, do not factor in a company's projected growth rate, resulting in some firms having high PE ratios due to high growth potentially enticing investors even if current earnings are low. ASB has a 12 month forward PE to Growth (PEG) ratio of 0.97. Markets are overvaluing ASB in relation to its projected growth as its PEG ratio is currently above the fair market value of 1. 2.47's PEG comes from its forward price to earnings ratio being divided by its growth rate. PEG ratios are one of the most used valuation metrics due to its incorporation of more company fundamentals metrics and a focus on the firm's future rather than its past.

Summary

All together these valuation metrics paint a pretty adequate picture for ASB at its current price due to a fairly valued PEG ratio due to strong growth. The PE and PEG for ASB are around the average of the market resulting in a valuation score of 97. Click Here to get the full Report on Associated Banc-Corp (ASB) stock.