First Interstate BancSystem
FIBK
#3430
Rank
S$4.35 B
Marketcap
$41.69
Share price
3.46%
Change (1 day)
22.46%
Change (1 year)

P/E ratio for First Interstate BancSystem (FIBK)

P/E ratio as of September 2024 (TTM): 11.8

According to First Interstate BancSystem's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.7897. At the end of 2022 the company had a P/E ratio of 20.9.

P/E ratio history for First Interstate BancSystem from 2010 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202220.959.76%
202113.1-18.53%
202016.19.13%
201914.711.44%
201813.2-31.45%
201719.3-2.26%
201619.730.11%
201515.13.4%
201414.61.16%
201314.519.14%
201212.1-10.49%
201113.6-20.74%
201017.1

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
8.93-24.26%๐Ÿ‡บ๐Ÿ‡ธ USA
21.1 78.92%๐Ÿ‡บ๐Ÿ‡ธ USA
11.1-5.88%๐Ÿ‡บ๐Ÿ‡ธ USA
13.1 10.96%๐Ÿ‡บ๐Ÿ‡ธ USA
13.8 17.33%๐Ÿ‡บ๐Ÿ‡ธ USA
12.3 4.28%๐Ÿ‡บ๐Ÿ‡ธ USA
12.0 1.39%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.