TriCo Bancshares
TCBK
#4899
Rank
$1.22 B
Marketcap
$36.78
Share price
0.41%
Change (1 day)
-12.45%
Change (1 year)

P/E ratio for TriCo Bancshares (TCBK)

P/E ratio as of March 2024 (TTM): 9.58

According to TriCo Bancshares's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.57812. At the end of 2022 the company had a P/E ratio of 13.3.

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

PE ratio at the end of each year

Year P/E ratio Change
202213.322.73%
202110.9-33.1%
202016.320.71%
201913.52.04%
201813.2-38.29%
201721.422.66%
201617.422.66%
201514.2-12.51%
201416.3-2.05%
201316.617.87%
201214.114.82%
201112.3-71.16%
201042.560.81%
200926.413.25%
200823.395.88%
200711.9-25.13%
200615.92.73%
200515.5-24.87%
200420.644.37%
200314.316.68%
200212.2-14.31%
200114.3

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
10.4 8.92%๐Ÿ‡บ๐Ÿ‡ธ USA
8.54-10.88%๐Ÿ‡บ๐Ÿ‡ธ USA
7.45-22.25%๐Ÿ‡บ๐Ÿ‡ธ USA
8.88-7.30%๐Ÿ‡บ๐Ÿ‡ธ USA
8.34-12.89%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.