P/E ratio for First Interstate BancSystem (FIBK)
P/E ratio as of April 2024 (TTM): 9.17
According to First Interstate BancSystem's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.17343. At the end of 2022 the company had a P/E ratio of 20.9.
P/E ratio history for First Interstate BancSystem from 2010 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 20.9 | 59.76% |
| 2021 | 13.1 | -18.53% |
| 2020 | 16.1 | 9.13% |
| 2019 | 14.7 | 11.44% |
| 2018 | 13.2 | -31.45% |
| 2017 | 19.3 | -2.26% |
| 2016 | 19.7 | 30.11% |
| 2015 | 15.1 | 3.4% |
| 2014 | 14.6 | 1.16% |
| 2013 | 14.5 | 19.14% |
| 2012 | 12.1 | -10.49% |
| 2011 | 13.6 | -20.74% |
| 2010 | 17.1 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Zions Bancorporation
ZION | 7.47 | -18.57% | 🇺🇸 USA |
 Wells Fargo WFC | 12.2 | 32.98% | 🇺🇸 USA |
 U.S. Bancorp USB | 12.3 | 34.45% | 🇺🇸 USA |
 Glacier Bancorp
GBCI | 16.1 | 75.93% | 🇺🇸 USA |
 Western Alliance Bancorporation
WAL | 7.11 | -22.54% | 🇺🇸 USA |
 Heartland Financial USA HTLF | 7.20 | -21.52% | 🇺🇸 USA |
 National Bank Holdings
NBHC | 10.1 | 9.64% | 🇺🇸 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.