P/E ratio for First Busey (BUSE)
P/E ratio as of April 2024 (TTM): 9.78
According to First Busey's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.7839. 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 |
|---|---|---|
| 2022 | 10.7 | -12.01% |
| 2021 | 12.2 | 3.27% |
| 2020 | 11.8 | -19.5% |
| 2019 | 14.6 | 21% |
| 2018 | 12.1 | -39.84% |
| 2017 | 20.1 | -7.95% |
| 2016 | 21.8 | 40.73% |
| 2015 | 15.5 | -14.22% |
| 2014 | 18.1 | -9.58% |
| 2013 | 20.0 | -1.08% |
| 2012 | 20.2 | 17.26% |
| 2011 | 17.2 | -0.95% |
| 2010 | 17.4 | -3612.81% |
| 2009 | -0.4955 | -97.15% |
| 2008 | -17.4 | -206.7% |
| 2007 | 16.3 | -4.65% |
| 2006 | 17.1 | 5.44% |
| 2005 | 16.2 | -22.41% |
| 2004 | 20.9 | 12.85% |
| 2003 | 18.5 | -2.69% |
| 2002 | 19.0 | 2.63% |
| 2001 | 18.5 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Wintrust Financial WTFC | 9.83 | 0.46% | 🇺🇸 USA |
 Old Second Bancorp OSBC | 6.48 | -33.75% | 🇺🇸 USA |
 Macatawa Bank MCBC | 10.8 | 10.12% | 🇺🇸 USA |
 First Midwest Bancorp
FMBI | N/A | N/A | 🇺🇸 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.