P/E ratio for Texas Capital Bancshares (TCBI)
P/E ratio as of May 2024 (TTM): 7.96
According to Texas Capital Bancshares's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.9641. At the end of 2022 the company had a P/E ratio of 9.56.
P/E ratio history for Texas Capital Bancshares from 2003 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 9.56 | -26.23% |
| 2021 | 13.0 | -75.83% |
| 2020 | 53.6 | 487.31% |
| 2019 | 9.13 | 4.15% |
| 2018 | 8.76 | -62.84% |
| 2017 | 23.6 | -5.86% |
| 2016 | 25.0 | 49.52% |
| 2015 | 16.8 | -9.65% |
| 2014 | 18.5 | -16.83% |
| 2013 | 22.3 | 54.2% |
| 2012 | 14.5 | -4.12% |
| 2011 | 15.1 | -27.93% |
| 2010 | 20.9 | -17.57% |
| 2009 | 25.4 | 65.29% |
| 2008 | 15.4 | -6.6% |
| 2007 | 16.4 | -8.2% |
| 2006 | 17.9 | -14.37% |
| 2005 | 20.9 | -21.64% |
| 2004 | 26.7 | 16.13% |
| 2003 | 23.0 |
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.