P/E ratio for Primis Financial (FRST)
P/E ratio as of June 2024 (TTM): 15.6
According to Primis Financial's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 15.6408. 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 |
|---|---|---|
| 2022 | 16.2 | 38.15% |
| 2021 | 11.8 | -6.75% |
| 2020 | 12.6 | 6.35% |
| 2019 | 11.8 | 25.47% |
| 2018 | 9.44 | -94.7% |
| 2017 | 178 | 826.53% |
| 2016 | 19.2 | 10.4% |
| 2015 | 17.4 | -3.26% |
| 2014 | 18.0 | -4.7% |
| 2013 | 18.9 | 29.93% |
| 2012 | 14.5 | -11.83% |
| 2011 | 16.5 | -21.91% |
| 2010 | 21.1 | -281.79% |
| 2009 | -11.6 | -135.19% |
| 2008 | 33.0 | -3.33% |
| 2007 | 34.1 | -37.93% |
| 2006 | 55.0 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Northeast Bank NBN | 9.79 | -37.40% | 🇺🇸 USA |
 National Bank Holdings
NBHC | 11.0 | -29.83% | 🇺🇸 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.