FBP
First Bancorp
PEG ratio, current and historical analysis
- Stocks
- Financial Services
- NYSE: FBP
- PEG Ratio
First Bancorp currently trades with a PE to growth ratio of 0.52, based on Jun 23, 2026 data. Dividing the 11.61 PE ratio by the 22.2% earnings growth rate produces this figure. Relative to the 1.45 average from the past four quarters, the PEG ratio has dropped by 64%.
FBP PEG ratio history
Historically, First Bancorp has a PEG ratio averaging 0.7 across the last ten years. At 0.52, today's PEG ratio sits 26% less than its historical average. The ten years high came in the Jun 2025 quarter at 4.08, reflecting peak valuation relative to growth. The bottom was reached in the Mar 2017 quarter at 0.03, suggesting attractive value relative to growth during that period.
First Bancorp PEG ratio by year
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| 2025 | 0.51 | 9.6 | 18.7% |
| 2024 | 1.76 | 10.21 | 5.8% |
| 2023 | 1.27 | 9.56 | 7.5% |
| 2022 | 0.38 | 7.95 | 21.2% |
| 2021 | 0.06 | 10.44 | 187% |
| 2020 | N/A | 20.04 | -39.5% |
| 2019 | N/A | 13.93 | -17.4% |
| 2018 | 0.05 | 9.35 | 206.7% |
| 2017 | N/A | 17 | -31.8% |
| 2016 | 0.04 | 15.02 | 340% |
| 2015 | N/A | 32.5 | -94.7% |
| 2014 | 0.01 | 3.11 | 336.3% |
| 2013 | N/A | N/A | -633.3% |
| 2012 | N/A | 30.53 | -94.4% |
| 2011 | 0.01 | 1.3 | 124.9% |
First Bancorp PEG ratio by quarter (TTM)
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| Mar 2026 | 0.43 | 9.45 | 22.2% |
| Dec 2025 | 0.51 | 9.6 | 18.7% |
| Sep 2025 | 0.78 | 10.65 | 13.7% |
| Jun 2025 | 4.08 | 11.02 | 2.7% |
| Mar 2025 | 2.3 | 10.36 | 4.5% |
| Dec 2024 | 1.76 | 10.21 | 5.8% |
| Sep 2024 | 1.13 | 11.63 | 10.3% |
| Jun 2024 | 0.6 | 9.94 | 16.5% |
| Mar 2024 | 0.78 | 9.91 | 12.7% |
| Dec 2023 | 1.27 | 9.56 | 7.5% |
| Sep 2023 | 1.26 | 8.16 | 6.5% |
| Jun 2023 | 1.68 | 7.73 | 4.6% |
| Mar 2023 | 0.97 | 7.27 | 7.5% |
| Dec 2022 | 0.38 | 7.95 | 21.2% |
| Sep 2022 | 0.3 | 8.83 | 29.2% |
FBP average PEG ratio chart
When comparing to historical data, FBP's PEG ratio is lower than the 3, 5 and 10-year averages.
PEG comparison
With a PEG of 0.52, FBP stands higher than the Financial Services sector and the industry average. Looking at the Financial Services sector average of 0.47, First Bancorp's PEG is 11% higher.
FBP EPS growth
FBP Price vs fair value
FBP PEG vs peers
Compared to its peers, FBP has a PEG ratio lower than stocks NWBI and OFG, while greater than BPOP's.
| Stock name | PEG ratio | Market cap |
|---|---|---|
| BPOP Popular Inc | 0.31 | $10.65B |
| FBP First Bancorp | 0.52 | $4.06B |
| OFG Ofg Bancorp | 0.65 | $2.03B |
| NWBI Northwest Bancshares Inc | 2.79 | $2.17B |
| FCNCA First Citizens Bancshares Inc | N/A | $24.46B |
Frequently asked questions
What is First Bancorp's PEG ratio?
Based on Jun 23, 2026 data, FBP has a PEG ratio of 0.52.
What is the 3-year average PEG ratio for First Bancorp (FBP)?
Across the past 3 years, FBP's PEG ratio has averaged at 1.38.
What is the 5-year average PEG ratio for First Bancorp (FBP)?
Across the past 5 years, FBP's PEG ratio has averaged at 0.94.
What is the highest PEG ratio for FBP?
FBP's PEG ratio topped out at 4.08 during the Jun 2025 quarter - the highest in ten years.
How does the current PEG ratio for FBP compare to its historical average?
Compared to the 10-year average, FBP's PEG ratio stands 26% lower.
How is FBP's PEG ratio calculated (First Bancorp PEG ratio formula)?
To calculate the PEG ratio, take the company's PE ratio and divide by its earnings per share growth (YoY TTM). As of Jun 23, 2026, First Bancorp has a PE ratio of 11.61. Earnings grew at 22.2% over the TTM period ending Mar 2026. Applying the formula, this gives a PEG ratio of 0.52. PEG RATIO(0.52) = PE RATIO(11.61) / EPS GROWTH(22.2%)
All PEG ratio stats are based on quarterly TTM periods, unless otherwise specified.