The PE ratio for First Financial Bankshares stock stands at 22.13 as of May 3, 2024. This is calculated based on the TTM EPS of $1.39 and the stock price of $30.76 per share. An increase of 16% has been observed in the PE ratio compared to its average of 19.2 of the last four quarters.
Over the last ten years, the average PE ratio of First Financial Bankshares has been 24.1. The current 22.13 P/E ratio is 8% lower than the historical average. Looking back at the last ten years, FFIN's PE ratio peaked in the Dec 2021 quarter at 31.78, with a price of $50.84 and an EPS of $1.6. The Sep 2023 quarter marked the lowest point at 16.86, with a price of $25.12 and an EPS of $1.49.
Maximum annual increase: 46.07% in 2016
Maximum annual decrease: -33.98% in 2022
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 21.8 | 3.91% |
| 2022 | 20.98 | -33.98% |
| 2021 | 31.78 | 24.73% |
| 2020 | 25.48 | -11.44% |
| 2019 | 28.77 | 10.7% |
| 2018 | 25.99 | 5.01% |
| 2017 | 24.75 | -12.39% |
| 2016 | 28.25 | 46.07% |
| 2015 | 19.34 | -9.37% |
| 2014 | 21.34 | -19.95% |
The current PE ratio of FFIN is lower than its 3, 5 and 10-year averages.
In comparison to its peer stocks CFR and PB, FFIN's PE ratio is higher. First Financial Bankshares is currently trading at a higher PE ratio (22.13) than its peers average of 13.33.
| Stock name | PE ratio | Market cap |
|---|---|---|
| IBOC International Bancshares Corp | 9.06 | $3.69B |
| SBSI Southside Bancshares Inc | 10.28 | $837.68M |
| CFR Cullen/Frost Bankers Inc | 12.52 | $6.81B |
| PB Prosperity Bancshares Inc | 13.98 | $5.9B |
| IBTX Independent Bank Group Inc | 15.93 | $1.67B |
| TCBI Texas Capital Bancshares Inc | 18.19 | $2.83B |
| FFIN First Financial Bankshares Inc | 22.13 | $4.39B |
The price to earnings ratio for FFIN stock is 22.13 as of May 3, 2024.
Over the last 3 years, the average price to earnings ratio for FFIN stock is 24.25.
Over the last 5 years, the average price to earnings ratio for FFIN stock is 24.82.
The highest quarterly PE ratio in the last ten years has been 31.78 and it was in the Dec 2021 quarter.
The current PE ratio of FFIN is 8% lower than the 10-year historical average.
You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (May 3, 2024), First Financial Bankshares's share price is $30.76. The company's earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $1.39. Therefore, First Financial Bankshares's PE ratio for today is 22.13. PE RATIO(22.13) = STOCK PRICE($30.76) / TTM EPS($1.39)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.