P/E ratio for Financial Institutions (FISI)
P/E ratio as of May 2023 (TTM): 4.58
According to Financial Institutions's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 4.5838. At the end of 2021 the company had a P/E ratio of 6.61.
P/E ratio history for Financial Institutions from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 6.61 | -32.42% |
| 2020 | 9.78 | -9.49% |
| 2019 | 10.8 | 0.51% |
| 2018 | 10.8 | -26.7% |
| 2017 | 14.7 | -9.49% |
| 2016 | 16.2 | 9.99% |
| 2015 | 14.7 | 17.78% |
| 2014 | 12.5 | -11.38% |
| 2013 | 14.1 | 22.02% |
| 2012 | 11.6 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Community Bank System CBU | 18.6 | 305.52% | 🇺🇸 USA |
 NBT Bancorp NBTB | 10.2 | 122.06% | 🇺🇸 USA |
 Arrow Financial AROW | 6.49 | 41.65% | 🇺🇸 USA |
 Evans Bancorp EVBN | 5.80 | 26.46% | 🇺🇸 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.