First Financial
THFF
#6444
Rank
NZ$1.00 B
Marketcap
$85.03
Share price
1.86%
Change (1 day)
35.33%
Change (1 year)

P/E ratio for First Financial (THFF)

P/E ratio as of November 2024 (TTM): 9.23

According to First Financial's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.22778. At the end of 2022 the company had a P/E ratio of 7.93.

P/E ratio history for First Financial from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20227.93-29.43%
202111.213.68%
20209.89-17.84%
201912.013.87%
201810.6-44.55%
201719.112.6%
201616.917.07%
201514.53.08%
201414.0-9.09%
201315.426.51%
201212.23.69%
201111.8-28.38%
201016.4-6.92%
200917.6-18.23%
200821.647.68%
200714.6-27.47%
200620.128.31%
200515.7-7.24%
200416.99.72%
200315.433.53%
200211.6-5.69%
200112.2

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
10.4 12.59%๐Ÿ‡บ๐Ÿ‡ธ USA
12.9 40.31%๐Ÿ‡บ๐Ÿ‡ธ USA
14.7 59.64%๐Ÿ‡บ๐Ÿ‡ธ USA
9.95 7.82%๐Ÿ‡บ๐Ÿ‡ธ USA
21.4 131.41%๐Ÿ‡บ๐Ÿ‡ธ USA
10.8 17.40%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.