As of May 17, 2024, the First Mid Bancshares stock's P/E ratio is 10.68. This takes into account the latest EPS of $3.11 and stock price of $33.22. The PE ratio has increased by 19% from its last 4 quarters average of 8.9.
The PE ratio of First Mid Bancshares has averaged 12.61 over the last ten years. The current price-to-earnings ratio of 10.68 is 15% less 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.
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 under its 3, 5 and 10-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 10.68 is less than the average of its peers, which is 11.88.
| Stock name | PE ratio | Market cap |
|---|---|---|
| STBA S&T Bancorp Inc | 9.3 | $1.27B |
| OVBC Ohio Valley Banc Corp | 9.79 | $113.13M |
| FCNCA First Citizens Bancshares Inc | 9.81 | $25.68B |
| FMBH First Mid Bancshares Inc | 10.68 | $793.83M |
| GABC German American Bancorp Inc | 11.92 | $1B |
| MCBC Macatawa Bank Corp | 12.07 | $497.56M |
| RNST Renasant Corp | 12.58 | $1.74B |
| HOMB Home Bancshares Inc | 12.74 | $4.95B |
| FCBC First Community Bankshares Inc | 13.51 | $657.06M |
| MOFG MidWestOne Financial Group Inc | 15.19 | $344.57M |
| TMP Tompkins Financial Corp | 102.15 | $706.25M |
FMBH stock has a price to earnings ratio of 10.68 as of May 17, 2024.
The average PE ratio for FMBH stock over the past 3 years is 10.69.
The average PE ratio for FMBH stock over the past 5 years is 11.29.
The highest quarterly PE ratio in the last ten years has been 18.69 and it was in the Mar 2021 quarter.
FMBH's price to earnings ratio is currently 15% below 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 (May 17, 2024), First Mid Bancshares's share price is $33.22. 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 10.68. PE RATIO(10.68) = STOCK PRICE($33.22) / TTM EPS($3.11)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.