As of Jul 25, 2024, the First Mid Bancshares stock's P/E ratio is 12.64. This takes into account the latest EPS of $3.11 and stock price of $39.3. The PE ratio has increased by 41% from its last 4 quarters average of 8.9.
The PE ratio of First Mid Bancshares has averaged 12.64 over the last ten years. The current price-to-earnings ratio of 12.64 is in line with 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.
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% |
Currently, FMBH's PE ratio is higher than the 3 and 5-year averages.
FMBH's PE ratio is less than its peer stocks HOMB and RNST, but it is above FCNCA's and STBA's. First Mid Bancshares's current PE ratio of 12.64 is less than the average of its peers, which is 14.07.
| Stock name | PE ratio | Market cap |
|---|---|---|
| OVBC Ohio Valley Banc Corp | 9.57 | $110.54M |
| FCNCA First Citizens Bancshares Inc | 11.71 | $30.67B |
| MCBC Macatawa Bank Corp | 12.44 | $512.85M |
| FMBH First Mid Bancshares Inc | 12.63 | $938.41M |
| STBA S&T Bancorp Inc | 12.82 | $1.75B |
| GABC German American Bancorp Inc | 14.69 | $1.24B |
| HOMB Home Bancshares Inc | 14.72 | $5.72B |
| RNST Renasant Corp | 15.08 | $2.09B |
| FCBC First Community Bankshares Inc | 16.88 | $820.77M |
| MOFG MidWestOne Financial Group Inc | 20.18 | $457.85M |
| TMP Tompkins Financial Corp | 132.92 | $919.01M |
FMBH stock has a price to earnings ratio of 12.64 as of Jul 25, 2024.
The average PE ratio for FMBH stock over the past 3 years is 10.14.
The average PE ratio for FMBH stock over the past 5 years is 11.18.
The highest quarterly PE ratio in the last ten years has been 18.69 and it was in the Mar 2021 quarter.
The current PE ratio of FMBH is the same as its 10-year historical average.
The P/E ratio is calculated by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Jul 25, 2024), First Mid Bancshares's share price is $39.3. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $3.11. Therefore, First Mid Bancshares's price to earnings ratio for today is 12.64. PE RATIO(12.64) = STOCK PRICE($39.3) / TTM EPS($3.11)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.