First Republic Bank
FRC
#694
Rank
$25.80 B
Marketcap
$141.01
Share price
1.61%
Change (1 day)
-14.03%
Change (1 year)
The First Republic Bank is an American banking and wealth management company that offers personal banking, business banking, fiduciary and wealth management services to low-risk and wealthy clients.

P/E ratio for First Republic Bank (FRC)

P/E ratio as of January 2023 (TTM): 16.8

According to First Republic Bank 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 16.827. At the end of 2021 the company had a P/E ratio of 26.6.

P/E ratio history for First Republic Bank from 2011 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202126.67.39%
202024.810.72%
201922.424.94%
201817.9-8.3%
201719.5-13.81%
201622.611.72%
201520.321.32%
201416.72.42%
201316.340.21%
201211.63.74%
201111.2-18.51%
201013.8

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
11.2-33.54%๐Ÿ‡บ๐Ÿ‡ธ USA
11.1-34.07%๐Ÿ‡บ๐Ÿ‡ธ USA
11.2-33.35%๐Ÿ‡บ๐Ÿ‡ธ USA
15.5-7.65%๐Ÿ‡บ๐Ÿ‡ธ USA
9.34-44.48%๐Ÿ‡บ๐Ÿ‡ธ USA
10.7-36.70%๐Ÿ‡บ๐Ÿ‡ธ USA
10.9-35.43%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.