P/E ratio for First Financial (THFF)
P/E ratio as of September 2023 (TTM): 6.12
According to First Financial's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.12477. At the end of 2021 the company had a P/E ratio of 11.2.
P/E ratio history for First Financial from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 11.2 | 14.32% |
| 2020 | 9.83 | -18.34% |
| 2019 | 12.0 | 11.08% |
| 2018 | 10.8 | -43.14% |
| 2017 | 19.1 | 12.6% |
| 2016 | 16.9 | 15.24% |
| 2015 | 14.7 | 4.43% |
| 2014 | 14.1 | -7.78% |
| 2013 | 15.2 | 21.37% |
| 2012 | 12.6 | 6.84% |
| 2011 | 11.8 | -29.47% |
| 2010 | 16.7 | -7.7% |
| 2009 | 18.1 | -14.11% |
| 2008 | 21.0 | 48.75% |
| 2007 | 14.1 | -29.4% |
| 2006 | 20.0 | 27.59% |
| 2005 | 15.7 | -9.26% |
| 2004 | 17.3 | 8.47% |
| 2003 | 15.9 | 36.26% |
| 2002 | 11.7 | -3.79% |
| 2001 | 12.2 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Old National Bank
ONB | 6.77 | 10.57% | 🇺🇸 USA |
 Lakeland Financial Corp LKFN | 12.4 | 102.75% | 🇺🇸 USA |
 German American Bancorp GABC | 8.79 | 43.44% | 🇺🇸 USA |
 First Merchants Corporation
FRME | 6.32 | 3.23% | 🇺🇸 USA |
 1st Source
SRCE | 8.21 | 33.97% | 🇺🇸 USA |
 Horizon Bancorp HBNC | 5.48 | -10.59% | 🇺🇸 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.