According to First International Bank of Israel's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.37243. At the end of 2022 the company had a P/E ratio of 8.18.
Year | P/E ratio | Change |
---|---|---|
2022 | 8.18 | -14.83% |
2021 | 9.61 | -20.29% |
2020 | 12.1 | 2.02% |
2019 | 11.8 | 13.57% |
2018 | 10.4 | -4.78% |
2017 | 10.9 | 0.87% |
2016 | 10.8 | 5.23% |
2015 | 10.3 | 2.29% |
2014 | 10.1 | -9.12% |
2013 | 11.1 | 11.22% |
2012 | 9.95 |
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.