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 |
|---|---|---|
| 2021 | 26.6 | 7.39% |
| 2020 | 24.8 | 10.72% |
| 2019 | 22.4 | 24.94% |
| 2018 | 17.9 | -8.3% |
| 2017 | 19.5 | -13.81% |
| 2016 | 22.6 | 11.72% |
| 2015 | 20.3 | 21.32% |
| 2014 | 16.7 | 2.42% |
| 2013 | 16.3 | 40.21% |
| 2012 | 11.6 | 3.74% |
| 2011 | 11.2 | -18.51% |
| 2010 | 13.8 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Bank of America BAC | 11.2 | -33.54% | 🇺🇸 USA |
 SVB Financial Group SIVB | 11.1 | -34.07% | 🇺🇸 USA |
 Umpqua Holdings UMPQ | 11.2 | -33.35% | 🇺🇸 USA |
 CVB Financial CVBF | 15.5 | -7.65% | 🇺🇸 USA |
 Cathay General Bancorp CATY | 9.34 | -44.48% | 🇺🇸 USA |
 East West Bancorp
EWBC | 10.7 | -36.70% | 🇺🇸 USA |
 Bank of Marin Bancorp
BMRC | 10.9 | -35.43% | 🇺🇸 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.