FMBH First Mid Bancshares PE ratio, current and historical analysis
As of Nov 21, 2024, the First Mid Bancshares stock's P/E ratio is 12.89. This takes into account the latest EPS of $3.26 and stock price of $42.01. The PE ratio has increased by 18% from its last 4 quarters average of 11.0.
FMBH PE ratio history
The PE ratio of First Mid Bancshares has averaged 12.59 over the last ten years. The current price-to-earnings ratio of 12.89 is 2.4% more than the historical average. Analyzing the last ten years, FMBH's PE ratio reached its highest point in the Mar 2021 quarter at 18.69, when the price was $43.93 and the EPS was $2.35. The lowest point was recorded in the Jun 2023 quarter, when it reached 6.63 with a price of $24.14 and an EPS of $3.64.
First Mid Bancshares PE ratio by year
Maximum annual increase: 43.16% in 2015
Maximum annual decrease: -40.38% in 2022
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 10.93 | 23.36% |
| 2022 | 8.86 | -40.38% |
| 2021 | 14.86 | 19.65% |
| 2020 | 12.42 | 1.47% |
| 2019 | 12.24 | -3.01% |
| 2018 | 12.62 | -30.24% |
| 2017 | 18.09 | 10.1% |
| 2016 | 16.43 | 16.28% |
| 2015 | 14.13 | 43.16% |
| 2014 | 9.87 | -21.91% |
FMBH average PE ratio chart
Currently, FMBH's PE ratio is higher than the 3, 5 and 10-year averages.
FMBH PE vs peers
FMBH's PE ratio is less than its peer stocks FCNCA and HOMB, but it is above RNST's and STBA's. First Mid Bancshares's current PE ratio of 12.89 is less than the average of its peers, which is 15.24.
| Stock name | PE ratio | Market cap |
|---|---|---|
| OVBC Ohio Valley Banc Corp | 11.27 | $131.15M |
| STBA S&T Bancorp Inc | 12.01 | $1.63B |
| RNST Renasant Corp | 12.15 | $2.37B |
| FMBH First Mid Bancshares Inc | 12.89 | $1B |
| FCNCA First Citizens Bancshares Inc | 13.31 | $32.51B |
| HOMB Home Bancshares Inc | 15.85 | $6.11B |
| TMP Tompkins Financial Corp | 16.22 | $1.09B |
| GABC German American Bancorp Inc | 16.33 | $1.34B |
| FCBC First Community Bankshares Inc | 16.7 | $836.99M |
| BOH Bank Of Hawaii Corp | 23.34 | $3.1B |
| MOFG MidWestOne Financial Group Inc | N/A | $680.38M |
Frequently asked questions
What is First Mid Bancshares's PE ratio?
FMBH stock has a price to earnings ratio of 12.89 as of Nov 21, 2024.
What is the 3-year average PE ratio for First Mid Bancshares (FMBH)?
The average PE ratio for FMBH stock over the past 3 years is 9.92.
What is the 5-year average PE ratio for First Mid Bancshares (FMBH)?
The average PE ratio for FMBH stock over the past 5 years is 11.12.
What is the highest PE ratio for FMBH?
The highest quarterly PE ratio in the last ten years has been 18.69 and it was in the Mar 2021 quarter.
How does the current PE ratio for FMBH compare to its historical average?
FMBH's price to earnings ratio is currently 2.4% above its 10-year historical average.
How is FMBH's PE ratio calculated (First Mid Bancshares PE ratio formula)?
The P/E ratio is calculated by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Nov 21, 2024), First Mid Bancshares's share price is $42.01. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $3.26. Therefore, First Mid Bancshares's price to earnings ratio for today is 12.89. PE RATIO(12.89) = STOCK PRICE($42.01) / TTM EPS($3.26)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.