U.S. Bancorp (USB) Valuation
Historical valuation analysis based on 1281 data points (2021-09-10 to 2026-10-16)
With assets of around $700 billion, U.S. Bancorp is one of the largest regional banks in the US with its footprint in 26 states. The bank's branch network is mostly in Midwestern and Western market...
U.S. Bancorp (USB) currently trades at a P/E ratio of 11.20 (historical range: 7.36–15.28, median: 11.03), placing it at the 56th percentile — near its historical average, P/S ratio of 2.11 (range: 1.23–3.97, 63th percentile — above its historical average), EV/EBITDA of 12.83 (range: 5.33–14.20, 24th percentile).
Over the historical period (2021-09-10 to 2026-10-16), U.S. Bancorp's P/E ratio has expanded by 14% over the observed period (from an average of 10.4 to 11.9).
U.S. Bancorp trades near its historical valuation range, with most metrics close to their median levels.
Historical Valuation Metrics
| Metric | Current | Median | %ile | Assessment |
|---|---|---|---|---|
| P/E Ratio | 11.20 | 11.03 | 56th | near its historical average |
| P/S Ratio | 2.11 | 1.84 | 63th | above its historical average |
| EV/EBITDA | 12.83 | 13.65 | 24th | below its historical average |
U.S. Bancorp (USB) Valuation & P/E History
U.S. Bancorp (USB) is a US-listed stock operating in the Financial Services sector, specifically the National Commercial Banks industry currently trading at $58.56 with a market capitalization of $91.2 billion. This page provides historical valuation analysis for USB based on 1281 data points covering 2021-09-10 to 2026-10-16. The P/E ratio of 11.20 is above the historical median of 11.03, placing USB at the 56th percentile of its valuation range. The P/S ratio of 2.11 compares to a median of 1.84.
USB Valuation Metrics & Historical Range
The valuation table above shows U.S. Bancorp's current and historical valuation multiples, including P/E ratio, P/S ratio, EV/EBITDA, FCF yield, and dividend yield. Each metric is compared to its own historical range to determine whether USB is currently trading above or below its typical valuation levels.
- P/E ratio: Price-to-earnings measures how much investors pay per dollar of earnings. A P/E above the historical median suggests USB is expensively valued; below the median suggests it is cheap.
- P/S ratio: Price-to-sales is useful for companies with volatile or negative earnings. Lower P/S relative to history may indicate value.
- EV/EBITDA: Enterprise value to EBITDA adjusts for debt and cash, providing a capital-structure-neutral valuation measure for U.S. Bancorp.
- FCF yield: Free cash flow yield shows the cash return relative to market price. Higher yields may indicate undervaluation.
Is USB Overvalued or Undervalued?
U.S. Bancorp trades near its historical valuation range, with most metrics close to their median levels. The overall valuation percentile of 48 combines P/E, P/S, and EV/EBITDA percentiles into a single measure of how expensive USB is relative to its own history. A percentile below 25 suggests the stock may be undervalued, while a percentile above 75 suggests it may be overvalued.
However, valuation is only one factor in investment decisions. A stock can remain "overvalued" for years if growth accelerates, or "undervalued" if the business deteriorates. Always combine valuation analysis with financial statement analysis and the full USB analysis page for a complete picture.
Valuation data is computed from historical price and fundamental data via Polygon.io and Finnhub.USB trades on NYSE. This page is for informational purposes only and is not financial advice.