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FBNC First Bancorp PE ratio, current and historical analysis

As of Jun 14, 2024, the FBNC stock has a P/E ratio of 10.8. The calculation is based on the latest EPS of $2.78 and the stock price of $30.02 per share. A decrease of 7% has been observed in the PE ratio compared to its average of 11.6 of the past four quarters.

FBNC PE ratio history

How has FBNC's PE ratio performed in the past

The mean historical PE ratio of First Bancorp over the last ten years is 13.45. The current 10.8 price-to-earnings ratio is 20% less 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.

Average
13.45
Median
13.13
Minimum
7.75
Maximum
21.71

First Bancorp PE ratio by year

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%

FBNC average PE ratio chart

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

Currently, FBNC's PE ratio is under its 3, 5 and 10-year averages.

3-year avg
11.61
5-year avg
11.28
10-year avg
13.45
15-year avg
21.64

FBNC PE vs peers

What is FBNC's PE ratio compared to its peers

When compared to its peer stocks FCNCA and PEBK, FBNC's PE ratio is higher.

Stock name PE ratio Market cap
FCNCA First Citizens Bancshares Inc 9.05 $23.71B
FNRN First Northern Community Bancorp 9.34 $122M
PEBK Peoples Bancorp Of North Carolina Inc 9.67 $155.03M
FBNC First Bancorp 10.8 $1.24B

Frequently asked questions

What is First Bancorp's PE ratio?

FBNC stock has a price to earnings ratio of 10.8 as of Jun 14, 2024.

What is the 3-year average PE ratio for First Bancorp (FBNC)?

The average PE ratio for FBNC stock over the past 3 years is 11.61.

What is the 5-year average PE ratio for First Bancorp (FBNC)?

The average PE ratio for FBNC stock over the past 5 years is 11.28.

What is the highest PE ratio for FBNC?

Over the last ten years, the quarterly PE ratio reached its highest level at 21.71 in the Jun 2017 quarter.

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

FBNC's current price to earnings ratio is 20% below its 10-year historical average.

How is FBNC's PE ratio calculated (First Bancorp PE ratio formula)?

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 (Jun 14, 2024), First Bancorp's share price is $30.02. 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 10.8. PE RATIO(10.8) = STOCK PRICE($30.02) / TTM EPS($2.78)

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