P/E ratio for First Commonwealth Financial Corp (FCF)
P/E ratio as of April 2024 (TTM): 9.30
According to First Commonwealth Financial Corp's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.30207. At the end of 2022 the company had a P/E ratio of 10.2.
P/E ratio history for First Commonwealth Financial Corp from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 10.2 | -8.35% |
| 2021 | 11.1 | -23.15% |
| 2020 | 14.4 | 6.83% |
| 2019 | 13.5 | 20.77% |
| 2018 | 11.2 | -54.54% |
| 2017 | 24.6 | 16.36% |
| 2016 | 21.2 | 31.3% |
| 2015 | 16.1 | -17.04% |
| 2014 | 19.4 | -5.28% |
| 2013 | 20.5 | 24.13% |
| 2012 | 16.5 | -52.85% |
| 2011 | 35.1 | 18.87% |
| 2010 | 29.5 | -252.26% |
| 2009 | -19.4 | -190.77% |
| 2008 | 21.3 | 30.27% |
| 2007 | 16.4 | -7.28% |
| 2006 | 17.7 | 13.43% |
| 2005 | 15.6 | -38.25% |
| 2004 | 25.2 | 59.23% |
| 2003 | 15.8 | 3.33% |
| 2002 | 15.3 | 15.8% |
| 2001 | 13.2 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 S&T Bancorp STBA | 8.19 | -11.95% | 🇺🇸 USA |
 Penseco Financial Services PFIS | 8.40 | -9.66% | 🇺🇸 USA |
 Fulton Financial FULT | 8.92 | -4.11% | 🇺🇸 USA |
 F.N.B. Corporation
FNB | 8.65 | -6.99% | 🇺🇸 USA |
 CNB Financial Corp CCNE | 7.31 | -21.39% | 🇺🇸 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.