P/E ratio for First Mid-Illinois Bancshares (FMBH)

P/E ratio history for First Mid-Illinois Bancshares from 2001 to 2023

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
Home BancShares HOMB	12.9	16.32%	🇺🇸 USA
Renasant Corp RNST	11.0	-0.33%	🇺🇸 USA
S&T Bancorp STBA	10.8	-1.98%	🇺🇸 USA
First Citizens BancShares FCNCA	2.41	-78.20%	🇺🇸 USA
Tompkins Financial TMP	60.5	447.01%	🇺🇸 USA
Ohio Valley Banc Corp OVBC	8.78	-20.60%	🇺🇸 USA
Bank of Hawaii BOH	12.7	15.18%	🇺🇸 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.