P/E ratio for First Business Financial Services (FBIZ)
P/E ratio as of May 2024 (TTM): 7.95
According to First Business Financial Services's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.95205. At the end of 2022 the company had a P/E ratio of 7.71.
P/E ratio history for First Business Financial Services from 2005 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 7.71 | 9.7% |
| 2021 | 7.03 | -24.79% |
| 2020 | 9.35 | -4.88% |
| 2019 | 9.82 | -6.34% |
| 2018 | 10.5 | -35.03% |
| 2017 | 16.1 | 15.72% |
| 2016 | 14.0 | 6% |
| 2015 | 13.2 | -3.01% |
| 2014 | 13.6 | 26.24% |
| 2013 | 10.8 | 54.13% |
| 2012 | 6.98 | 36.55% |
| 2011 | 5.11 | -86.3% |
| 2010 | 37.3 | 55% |
| 2009 | 24.1 | 127.55% |
| 2008 | 10.6 | -19.67% |
| 2007 | 13.2 | -12.4% |
| 2006 | 15.0 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Wells Fargo WFC | 12.8 | 61.11% | 🇺🇸 USA |
 Wintrust Financial WTFC | 9.92 | 24.71% | 🇺🇸 USA |
 PacWest Bancorp PACW | -0.6326 | -107.95% | 🇺🇸 USA |
 CVB Financial CVBF | 9.90 | 24.50% | 🇺🇸 USA |
 1st Source
SRCE | 10.1 | 26.83% | 🇺🇸 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.