The PE ratio for First Bancshares stock stands at 10.28 as of May 3, 2024. The calculation is based on the latest EPS of $2.41 and the stock price of $24.77 per share. A decrease of 2.3% has been observed in the PE ratio compared to its average of 10.5 of the last four quarters.
Over the last ten years, the average PE ratio of First Bancshares has been 13.96. The current 10.28 P/E ratio is 26% 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.
Maximum annual increase: 106.63% in 2017
Maximum annual decrease: -39.23% in 2018
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 12.17 | 8.76% |
| 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% |
The current PE ratio of FBMS is lower than its 3, 5 and 10-year averages.
FBMS's PE ratio stands lower than its peer stocks TRMK and RNST, but it is higher than RF's and FHN's. First Bancshares's current PE ratio of 10.28 is lower than the average of its peers, which is 10.61.
| Stock name | PE ratio | Market cap |
|---|---|---|
| RF Regions Financial Corp | 9.38 | $18.19B |
| FBMS First Bancshares Inc | 10.28 | $773.51M |
| FHN First Horizon Corp | 10.75 | $8.64B |
| TRMK Trustmark Corp | 11.39 | $1.89B |
| RNST Renasant Corp | 11.66 | $1.69B |
FBMS stock has a price to earnings ratio of 10.28 as of May 3, 2024.
As an average over the last 3 years, FBMS stock has a PE ratio of 11.13.
As an average over the last 5 years, FBMS stock has a PE ratio of 11.27.
Over the last ten years, the Dec 2017 quarter recorded the highest quarterly PE ratio at 30.54.
FBMS's current price to earnings ratio is 26% below its 10-year historical average.
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (May 3, 2024), First Bancshares's share price is $24.77. The company's earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $2.41. Therefore, First Bancshares's PE ratio for today is 10.28. PE RATIO(10.28) = STOCK PRICE($24.77) / TTM EPS($2.41)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.