P/E ratio for Southside Bancshares (SBSI)
P/E ratio as of June 2025 (TTM): 9.59
According to Southside Bancshares's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.59247. At the end of 2024 the company had a P/E ratio of 10.9.
P/E ratio history for Southside Bancshares from 2001 to 2025
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2024 | 10.9 | -2.42% |
| 2023 | 11.1 | 1.27% |
| 2022 | 11.0 | -8.41% |
| 2021 | 12.0 | -3.96% |
| 2020 | 12.5 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Cullen/Frost Bankers CFR | 13.6 | 41.58% | 🇺🇸 USA |
 Prosperity Bancshares
PB | 12.9 | 34.29% | 🇺🇸 USA |
 First Financial Bankshares FFIN | 21.8 | 127.43% | 🇺🇸 USA |
 International Bancshares Corp IBOC | 9.94 | 3.59% | 🇺🇸 USA |
 Apogee Enterprises APOG | 8.57 | -10.69% | 🇺🇸 USA |
 Independent Bank Group IBTX | 36.3 | 278.73% | 🇺🇸 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.