As of Jul 26, 2024, the FBNC stock has a P/E ratio of 15.54. The calculation is based on the latest EPS of $2.78 and the stock price of $43.19 per share. An increase of 34% has been observed in the PE ratio compared to its average of 11.6 of the past four quarters.
The mean historical PE ratio of First Bancorp over the last ten years is 13.4. The current 15.54 price-to-earnings ratio is 16% more than the historical average. Analyzing the last ten years, FBNC's PE ratio reached its highest point in the Jun 2017 quarter at 21.71, with a price of $31.26 and an EPS of $1.44. The Sep 2020 quarter saw the lowest point at 7.75, with a price of $20.93 and an EPS of $2.7.
Maximum annual increase: 41.6% in 2016
Maximum annual decrease: -44.28% in 2018
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 14.57 | 40.1% |
| 2022 | 10.4 | -27.42% |
| 2021 | 14.33 | 19.02% |
| 2020 | 12.04 | -6.45% |
| 2019 | 12.87 | 19.06% |
| 2018 | 10.81 | -44.28% |
| 2017 | 19.4 | -2.07% |
| 2016 | 19.81 | 41.6% |
| 2015 | 13.99 | -7.6% |
| 2014 | 15.14 | -8.02% |
Currently, FBNC's PE ratio is higher than the 3, 5 and 10-year averages.
When compared to its peer stocks FCNCA and PEBK, FBNC's PE ratio is higher.
| Stock name | PE ratio | Market cap |
|---|---|---|
| PEBK Peoples Bancorp Of North Carolina Inc | 10.54 | $169.05M |
| FCNCA First Citizens Bancshares Inc | 11.71 | $30.66B |
| FBNC First Bancorp | 15.54 | $1.78B |
FBNC stock has a price to earnings ratio of 15.54 as of Jul 26, 2024.
The average PE ratio for FBNC stock over the past 3 years is 11.65.
The average PE ratio for FBNC stock over the past 5 years is 11.26.
Over the last ten years, the quarterly PE ratio reached its highest level at 21.71 in the Jun 2017 quarter.
FBNC's current price to earnings ratio is 16% above its 10-year historical average.
You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months earnings per share(EPS). As of today (Jul 26, 2024), First Bancorp's share price is $43.19. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $2.78. Therefore, First Bancorp's price to earnings ratio for today is 15.54. PE RATIO(15.54) = STOCK PRICE($43.19) / TTM EPS($2.78)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.