P/E ratio for International Bancshares Corp (IBOC)
P/E ratio as of June 2024 (TTM): 8.99
According to International Bancshares Corp's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.98887. At the end of 2022 the company had a P/E ratio of 9.55.
P/E ratio history for International Bancshares Corp from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 9.55 | -9.85% |
| 2021 | 10.6 | -24.99% |
| 2020 | 14.1 | 2.67% |
| 2019 | 13.8 | 30.8% |
| 2018 | 10.5 | -37.2% |
| 2017 | 16.8 | -16.66% |
| 2016 | 20.1 | 61.1% |
| 2015 | 12.5 | 7.65% |
| 2014 | 11.6 | -17.34% |
| 2013 | 14.0 | 8.51% |
| 2012 | 12.9 | 19.77% |
| 2011 | 10.8 | -7.36% |
| 2010 | 11.6 | 17.01% |
| 2009 | 9.95 | -12.01% |
| 2008 | 11.3 | -4.79% |
| 2007 | 11.9 | -29.17% |
| 2006 | 16.8 | 26.42% |
| 2005 | 13.3 | -19.35% |
| 2004 | 16.4 | 7.03% |
| 2003 | 15.4 | 29.26% |
| 2002 | 11.9 | -11.2% |
| 2001 | 13.4 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Southside Bancshares SBSI | 8.64 | -3.92% | 🇺🇸 USA |
 Independent Bank Group IBTX | 27.5 | 206.30% | 🇺🇸 USA |
 First Financial Bankshares FFIN | 20.0 | 122.80% | 🇺🇸 USA |
 Prosperity Bancshares
PB | 12.3 | 37.09% | 🇺🇸 USA |
 Cullen/Frost Bankers CFR | 9.69 | 7.80% | 🇺🇸 USA |
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.