First Busey
BUSE
#4753
Rank
โ‚ฌ1.38 B
Marketcap
24,37ย โ‚ฌ
Share price
0.97%
Change (1 day)
34.16%
Change (1 year)

P/E ratio for First Busey (BUSE)

P/E ratio as of September 2024 (TTM): 11.3

According to First Busey's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.3347. At the end of 2022 the company had a P/E ratio of 10.7.

P/E ratio history for First Busey from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202210.7-12.01%
202112.23.27%
202011.8-19.5%
201914.621%
201812.1-39.84%
201720.1-7.95%
201621.840.73%
201515.5-14.22%
201418.1-9.58%
201320.0-1.08%
201220.217.26%
201117.2-0.95%
201017.4-3612.81%
2009-0.4955-97.15%
2008-17.4-206.7%
200716.3-4.65%
200617.15.44%
200516.2-22.41%
200420.912.85%
200318.5-2.69%
200219.02.63%
200118.5

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
10.7-5.72%๐Ÿ‡บ๐Ÿ‡ธ USA
N/AN/A๐Ÿ‡บ๐Ÿ‡ธ USA
11.1-1.69%๐Ÿ‡บ๐Ÿ‡ธ USA
7.62-32.78%๐Ÿ‡บ๐Ÿ‡ธ 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.