As of May 7, 2024, the First Commonwealth Financial stock's price-to-earnings ratio is 8.51. This results from the current EPS of $1.61 and stock price of $13.7. The PE ratio has decreased by 4.2% from the past four quarters average of 8.9.
The PE ratio of First Commonwealth Financial has averaged 14.34 over the last ten years. The current P/E ratio of 8.51 is 41% lower than the historical average. In the past ten years, FCF's PE ratio peaked in the Dec 2017 quarter at 24.69, when the stock price was $14.32 and the EPS was $0.58. The lowest point was in the Sep 2023 quarter, when it reached 8.25 with a price of $12.21 and an EPS of $1.48.
Maximum annual increase: 30.62% in 2016
Maximum annual decrease: -55.12% in 2018
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 9.96 | -2.35% |
| 2022 | 10.2 | -8.11% |
| 2021 | 11.1 | -23.92% |
| 2020 | 14.59 | 7.6% |
| 2019 | 13.56 | 22.38% |
| 2018 | 11.08 | -55.12% |
| 2017 | 24.69 | 16.68% |
| 2016 | 21.16 | 30.62% |
| 2015 | 16.2 | -15.67% |
| 2014 | 19.21 | -6.34% |
FCF's current P/E ratio is lower than the 3, 5 and 10-year averages.
In comparison to its peers FNB and FULT, FCF's PE ratio is lower, but it is higher than CCNE's and PWOD's. First Commonwealth Financial's PE ratio is trading below the peer group average of 9.28.
| Stock name | PE ratio | Market cap |
|---|---|---|
| PWOD Penns Woods Bancorp Inc | 7.88 | $138.63M |
| CCNE Cnb Financial Corp | 8.27 | $413.56M |
| FCF First Commonwealth Financial Corp | 8.51 | $1.4B |
| STBA S&T Bancorp Inc | 8.9 | $1.21B |
| PFIS Peoples Financial Services Corp | 9.84 | $267.53M |
| FULT Fulton Financial Corp | 10.28 | $2.76B |
| FNB Fnb Corp | 10.51 | $4.98B |
| ASRV Ameriserv Financial Inc | N/A | $40.3M |
FCF stock has a price to earnings ratio of 8.51 as of May 7, 2024.
Over the last 3 years, the average price to earnings ratio for FCF stock is 9.9.
Over the last 5 years, the average price to earnings ratio for FCF stock is 10.78.
Over the last ten years, the quarterly PE ratio reached a historic high of 24.69 in the Dec 2017 quarter.
FCF's price to earnings ratio is currently 41% below its 10-year historical average.
A company with a lower PE ratio may indicate that the market has lower growth expectations for the company's future earnings.
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (May 7, 2024), First Commonwealth Financial's stock price is $13.7. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $1.61. Therefore, First Commonwealth Financial's PE ratio for today is 8.51. PE RATIO(8.51) = STOCK PRICE($13.7) / TTM EPS($1.61)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.