The PE ratio for First Bancshares stock stands at 12.03 as of Jul 26, 2024. The calculation is based on the latest EPS of $2.56 and the stock price of $30.8 per share. An increase of 14% has been observed in the PE ratio compared to its average of 10.6 of the last four quarters.
Over the last ten years, the average PE ratio of First Bancshares has been 13.9. The current 12.03 P/E ratio is 13% 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 higher than the 3 and 5-year averages, but it is lower than its 10-year average.
FBMS's PE ratio stands lower than its peer stocks RF and TRMK, but it is higher than FHN's. First Bancshares's current PE ratio of 12.03 is lower than the average of its peers, which is 13.22.
Stock name | PE ratio | Market cap |
---|---|---|
FHN First Horizon Corp | 11.65 | $9.37B |
FBMS First Bancshares Inc | 12.03 | $961.54M |
RF Regions Financial Corp | 12.37 | $20.84B |
TRMK Trustmark Corp | 13.78 | $2.17B |
RNST Renasant Corp | 15.08 | $2.09B |
FBMS stock has a price to earnings ratio of 12.03 as of Jul 26, 2024.
As an average over the last 3 years, FBMS stock has a PE ratio of 10.84.
As an average over the last 5 years, FBMS stock has a PE ratio of 11.03.
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 13% 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 (Jul 26, 2024), First Bancshares's share price is $30.8. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $2.56. Therefore, First Bancshares's PE ratio for today is 12.03. PE RATIO(12.03) = STOCK PRICE($30.8) / TTM EPS($2.56)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.