P/E ratio for First Guaranty Bancshares (FGBI)
P/E ratio as of May 2024 (TTM): 11.7
According to First Guaranty Bancshares's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.7347. At the end of 2022 the company had a P/E ratio of 9.49.
P/E ratio history for First Guaranty Bancshares from 2012 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 9.49 | 13.07% |
| 2021 | 8.40 | -1.72% |
| 2020 | 8.54 | -42.13% |
| 2019 | 14.8 | 3.05% |
| 2018 | 14.3 | -21.96% |
| 2017 | 18.4 | 41.94% |
| 2016 | 12.9 | 39.34% |
| 2015 | 9.28 | -23.3% |
| 2014 | 12.1 | 6.09% |
| 2013 | 11.4 | 29.12% |
| 2012 | 8.83 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Southern First Bancshares SFST | 15.0 | 28.19% | 🇺🇸 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.