P/E ratio for TriCo Bancshares (TCBK)
P/E ratio as of September 2023 (TTM): 7.75
According to TriCo Bancshares's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.74505. At the end of 2021 the company had a P/E ratio of 10.9.
P/E ratio history for TriCo Bancshares from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 10.9 | -33.1% |
| 2020 | 16.3 | |
| 2018 | 13.2 | -38.29% |
| 2017 | 21.4 | 22.66% |
| 2016 | 17.4 | 22.66% |
| 2015 | 14.2 | -12.51% |
| 2014 | 16.3 | -2.05% |
| 2013 | 16.6 | 17.87% |
| 2012 | 14.1 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 CVB Financial CVBF | 9.34 | 20.63% | 🇺🇸 USA |
 Central Valley Community Bancorp
CVCY | 6.24 | -19.39% | 🇺🇸 USA |
 Cathay General Bancorp CATY | 6.53 | -15.75% | 🇺🇸 USA |
 East West Bancorp
EWBC | 5.82 | -24.92% | 🇺🇸 USA |
 Bank of Marin Bancorp
BMRC | 7.44 | -3.96% | 🇺🇸 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.