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FBMS First Bancshares PE ratio, current and historical analysis

The PE ratio for First Bancshares stock stands at 8.92 as of Feb 23, 2024. The calculation is based on the latest EPS of $2.74 and the stock price of $24.44 per share. A decrease of 13% has been observed in the PE ratio compared to its average of 10.3 of the last four quarters.

FBMS PE ratio history

How has FBMS's PE ratio performed in the past

Over the last ten years, the average PE ratio of First Bancshares has been 14.02. The current 8.92 P/E ratio is 36% lower than the historical average. Looking back at the last ten years, FBMS's PE ratio peaked in the Dec 2017 quarter at 30.54, with a price of $34.2 and an EPS of $1.12. The Mar 2020 quarter marked the lowest point at 7.57, with a price of $19.07 and an EPS of $2.52.

Average
14.02
Median
12.21
Minimum
7.57
Maximum
30.54

First Bancshares PE ratio by year

Maximum annual increase: 106.63% in 2017

Maximum annual decrease: -39.23% in 2018

Year PE ratio Change
2022 11.19 -11.61%
2021 12.66 3.69%
2020 12.21 -11.65%
2019 13.82 -25.54%
2018 18.56 -39.23%
2017 30.54 106.63%
2016 14.78 32.2%
2015 11.18 -2.19%
2014 11.43 -12.75%
2013 13.1 82.2%

FBMS average PE ratio chart

What is the average PE ratio of FBMS for the past years

The current PE ratio of FBMS is lower than its 3, 5 and 10-year averages.

3-year avg
11.19
5-year avg
11.55
10-year avg
14.02
15-year avg
12.83

FBMS PE vs peers

What is FBMS's PE ratio compared to its peers

FBMS's PE ratio stands lower than its peer stocks RNST and TRMK, but it is higher than RF's and FHN's. First Bancshares's current PE ratio of 8.92 is lower than the average of its peers, which is 9.87.

Stock name PE ratio Market cap
RF Regions Financial Corp 8.68 $16.84B
FHN First Horizon Corp 8.82 $7.79B
FBMS First Bancshares Inc 8.86 $754.87M
TRMK Trustmark Corp 9.89 $1.64B
RNST Renasant Corp 12.05 $1.75B

Frequently asked questions

What is First Bancshares's PE ratio?

FBMS stock has a price to earnings ratio of 8.92 as of Feb 23, 2024.

What is the 3-year average PE ratio for First Bancshares (FBMS)?

As an average over the last 3 years, FBMS stock has a PE ratio of 11.19.

What is the 5-year average PE ratio for First Bancshares (FBMS)?

As an average over the last 5 years, FBMS stock has a PE ratio of 11.55.

What is the highest PE ratio for FBMS?

Over the last ten years, the Dec 2017 quarter recorded the highest quarterly PE ratio at 30.54.

How does the current PE ratio for FBMS compare to its historical average?

FBMS's current price to earnings ratio is 36% below its 10-year historical average.

Why is First Bancshares's PE ratio so low?

FBMS's stock price is trading at a lower multiple of earnings, which is why its PE ratio of 8.92 is considered low.

How is FBMS's PE ratio calculated (First Bancshares PE ratio formula)?

To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Feb 23, 2024), First Bancshares's share price is $24.44. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2023 is $2.74. Therefore, First Bancshares's PE ratio for today is 8.92. PE RATIO(8.92) = STOCK PRICE($24.44) / TTM EPS($2.74)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.