P/E ratio for First Bancorp (FBNC)
P/E ratio as of April 2024 (TTM): 10.9
According to First Bancorp 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.9046. At the end of 2022 the company had a P/E ratio of 10.4.
P/E ratio history for First Bancorp from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 10.4 | -25.22% |
| 2021 | 13.9 | 16.41% |
| 2020 | 12.0 | -7.28% |
| 2019 | 12.9 | 19.22% |
| 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 | -134.26% |
| 2011 | 24.8 | -44.97% |
| 2010 | 45.0 | 989.47% |
| 2009 | 4.13 | -68.92% |
| 2008 | 13.3 | 7% |
| 2007 | 12.4 | -22.61% |
| 2006 | 16.1 | -9.19% |
| 2005 | 17.7 | -15.14% |
| 2004 | 20.8 | 38.26% |
| 2003 | 15.1 | -9.07% |
| 2002 | 16.6 | 0.88% |
| 2001 | 16.4 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Zions Bancorporation
ZION | 7.73 | -29.15% | 🇺🇸 USA |
 Peoples Bancorp of North Carolina PEBK | 9.73 | -10.80% | 🇺🇸 USA |
 First Citizens BancShares
FCNCA | 2.29 | -79.03% | 🇺🇸 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.