First Internet Bancorp
INBK
#7194
Rank
A$0.54 B
Marketcap
$63.34
Share price
-2.62%
Change (1 day)
149.17%
Change (1 year)

P/E ratio for First Internet Bancorp (INBK)

P/E ratio as of November 2024 (TTM): 30.2

According to First Internet Bancorp 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 30.1679. 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
10.5-65.18%๐Ÿ‡บ๐Ÿ‡ธ USA
14.6-51.45%๐Ÿ‡บ๐Ÿ‡ธ USA
-21.5-171.13%๐Ÿ‡บ๐Ÿ‡ธ USA
15.5-48.73%๐Ÿ‡บ๐Ÿ‡ธ USA
16.7-44.53%๐Ÿ‡บ๐Ÿ‡ธ USA
12.8-57.66%๐Ÿ‡บ๐Ÿ‡ธ USA
15.5-48.47%๐Ÿ‡บ๐Ÿ‡ธ USA
10.3-65.98%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.