P/E ratio for First Financial Bankshares (FFIN)
P/E ratio as of April 2024 (TTM): 20.4
According to First Financial Bankshares's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 20.4161. At the end of 2022 the company had a P/E ratio of 21.0.
P/E ratio history for First Financial Bankshares from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 21.0 | -33.99% |
| 2021 | 31.8 | 24.75% |
| 2020 | 25.5 | -12.19% |
| 2019 | 29.0 | 13.14% |
| 2018 | 25.6 | 3.58% |
| 2017 | 24.8 | -12.93% |
| 2016 | 28.4 | 45.11% |
| 2015 | 19.6 | -8.21% |
| 2014 | 21.3 | -19.61% |
| 2013 | 26.6 | 59.94% |
| 2012 | 16.6 | 8.25% |
| 2011 | 15.3 | -14.27% |
| 2010 | 17.9 | -14.9% |
| 2009 | 21.0 | -2.92% |
| 2008 | 21.7 | 36.86% |
| 2007 | 15.8 | -16.48% |
| 2006 | 18.9 | 14.53% |
| 2005 | 16.5 | 4.82% |
| 2004 | 15.8 | -16.35% |
| 2003 | 18.9 | 36.09% |
| 2002 | 13.9 | -4.03% |
| 2001 | 14.4 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Southside Bancshares SBSI | 9.05 | -55.67% | 🇺🇸 USA |
 Independent Bank Group IBTX | 25.1 | 22.80% | 🇺🇸 USA |
 Prosperity Bancshares
PB | 12.3 | -39.60% | 🇺🇸 USA |
 International Bancshares Corp IBOC | 8.78 | -56.98% | 🇺🇸 USA |
 Cullen/Frost Bankers CFR | 10.8 | -47.06% | 🇺🇸 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.