First Internet Bancorp
INBK
#7190
Rank
A$0.55 B
Marketcap
$64.18
Share price
2.87%
Change (1 day)
112.35%
Change (1 year)

P/E ratio for First Internet Bancorp (INBK)

P/E ratio as of November 2024 (TTM): 30.6

According to First Internet Bancorp 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 30.5985. At the end of 2022 the company had a P/E ratio of 6.56.

P/E ratio history for First Internet Bancorp from 2006 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20226.56-32.2%
20219.681.03%
20209.581.42%
20199.458.14%
20188.74-50.31%
201717.626.91%
201613.9-4.88%
201514.6-15.61%
201417.320.28%
201314.3100.87%
20127.14
200810.821.52%
20078.91-38.74%
200614.6

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
10.4-66.05%๐Ÿ‡บ๐Ÿ‡ธ USA
14.6-52.36%๐Ÿ‡บ๐Ÿ‡ธ USA
-20.4-166.58%๐Ÿ‡บ๐Ÿ‡ธ USA
15.8-48.34%๐Ÿ‡บ๐Ÿ‡ธ USA
16.7-45.29%๐Ÿ‡บ๐Ÿ‡ธ USA
13.1-57.21%๐Ÿ‡บ๐Ÿ‡ธ USA
16.3-46.84%๐Ÿ‡บ๐Ÿ‡ธ USA
10.4-65.88%๐Ÿ‡บ๐Ÿ‡ธ USA

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.