P/E ratio for First Bancorp (FBNC)
P/E ratio as of August 2025 (TTM): 23.4
According to First Bancorp 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 23.4292. At the end of 2024 the company had a P/E ratio of 23.8.
P/E ratio history for First Bancorp from 2001 to 2025
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2024 | 23.8 | 62.8% |
| 2023 | 14.6 | 40.32% |
| 2022 | 10.4 | -25.31% |
| 2021 | 13.9 | 16.53% |
| 2020 | 12.0 | -7.04% |
| 2019 | 12.9 | 18.91% |
| 2018 | 10.8 | -44.87% |
| 2017 | 19.6 | -1.7% |
| 2016 | 20.0 | 41.63% |
| 2015 | 14.1 | -6.17% |
| 2014 | 15.0 | -8.75% |
| 2013 | 16.5 | -293.82% |
| 2012 | -8.49 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 First Citizens BancShares
FCNCA | 10.6 | -54.63% | 🇺🇸 USA |
 Peoples Bancorp of North Carolina PEBK | 8.89 | -62.07% | 🇺🇸 USA |
 Zions Bancorporation
ZION | 10.3 | -56.25% | 🇺🇸 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.