Southside Bancshares
SBSI
#5361
Rank
$0.81 B
Marketcap
$26.91
Share price
-0.66%
Change (1 day)
-18.11%
Change (1 year)

P/E ratio for Southside Bancshares (SBSI)

P/E ratio as of April 2024 (TTM): 8.71

According to Southside Bancshares's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.71061. At the end of 2022 the company had a P/E ratio of 11.0.

P/E ratio history for Southside Bancshares from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202211.0-8.41%
202112.0-3.96%
202012.5-25.55%
201916.812.21%
201815.0-19.52%
201718.6-8.06%
201620.239.12%
201514.5-48.72%
201428.4127.51%
201312.513.05%
201211.015.9%
20119.520.1%
20109.5128.95%
20097.37-37.35%
200811.8-36.67%
200718.6-24.24%
200624.533.14%
200518.43.6%
200417.824.68%
200314.333.88%
200210.79.72%
20019.71

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
24.1 177.24%๐Ÿ‡บ๐Ÿ‡ธ USA
19.7 125.83%๐Ÿ‡บ๐Ÿ‡ธ USA
12.2 39.95%๐Ÿ‡บ๐Ÿ‡ธ USA
12.0 37.79%๐Ÿ‡บ๐Ÿ‡ธ USA
8.37-3.87%๐Ÿ‡บ๐Ÿ‡ธ USA
10.3 18.31%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.