Primis Financial
FRST
#7570
Rank
HK$2.28 B
Marketcap
HK$92.53
Share price
3.48%
Change (1 day)
-5.29%
Change (1 year)

P/E ratio for Primis Financial (FRST)

P/E ratio as of December 2024 (TTM): 18.0

According to Primis Financial's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 17.9809. At the end of 2022 the company had a P/E ratio of 16.2.

P/E ratio history for Primis Financial from 2006 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202216.238.15%
202111.8-6.75%
202012.66.35%
201911.825.47%
20189.44-94.7%
2017178826.53%
201619.210.4%
201517.4-3.26%
201418.0-4.7%
201318.929.93%
201214.5-11.83%
201116.5-21.91%
201021.1-281.79%
2009-11.6-135.19%
200833.0-3.33%
200734.1-37.93%
200655.0

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
15.9-11.38%๐Ÿ‡บ๐Ÿ‡ธ USA
13.0-27.50%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.