As of May 2, 2024, the FBNC stock has a P/E ratio of 12.48. The calculation is based on the latest EPS of $2.54 and the stock price of $31.7 per share. An increase of 15% has been observed in the PE ratio compared to its average of 10.9 of the past four quarters.
The mean historical PE ratio of First Bancorp over the last ten years is 13.46. The current 12.48 price-to-earnings ratio is 7% 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.
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 and 5-year averages, but it is under its 10-year average.
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 | 2.18 | $24.84B |
| FNRN First Northern Community Bancorp | 9.41 | $122.81M |
| PEBK Peoples Bancorp Of North Carolina Inc | 10.23 | $164.02M |
| FBNC First Bancorp | 12.54 | $1.31B |
FBNC stock has a price to earnings ratio of 12.48 as of May 2, 2024.
The average PE ratio for FBNC stock over the past 3 years is 11.49.
The average PE ratio for FBNC stock over the past 5 years is 11.19.
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 7% below 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 (May 2, 2024), First Bancorp's share price is $31.7. The company's earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $2.54. Therefore, First Bancorp's price to earnings ratio for today is 12.48. PE RATIO(12.48) = STOCK PRICE($31.7) / TTM EPS($2.54)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.