First Financial Bankshares
FFIN
#2268
Rank
$5.29 B
Marketcap
$37.12
Share price
0.46%
Change (1 day)
-24.32%
Change (1 year)

P/E ratio for First Financial Bankshares (FFIN)

P/E ratio as of December 2022 (TTM): 22.9

According to First Financial Bankshares's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 22.9136. At the end of 2021 the company had a P/E ratio of 31.8.

P/E ratio history for First Financial Bankshares from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202131.824.73%
202025.5-12.18%
201929.012.13%
201825.94.51%
201724.8-12.93%
201628.445.11%
201519.6-8.21%
201421.3
201216.6

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
10.9-52.26%๐Ÿ‡บ๐Ÿ‡ธ USA
12.9-43.64%๐Ÿ‡บ๐Ÿ‡ธ USA
13.4-41.39%๐Ÿ‡บ๐Ÿ‡ธ USA
13.3-42.06%๐Ÿ‡บ๐Ÿ‡ธ USA
18.9-17.55%๐Ÿ‡บ๐Ÿ‡ธ 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.