First Interstate BancSystem
FIBK
#3476
Rank
A$4.85 B
Marketcap
$46.47
Share price
-3.22%
Change (1 day)
21.74%
Change (1 year)

P/E ratio for First Interstate BancSystem (FIBK)

P/E ratio as of September 2024 (TTM): 11.6

According to First Interstate BancSystem's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.6144. At the end of 2022 the company had a P/E ratio of 20.9.

P/E ratio history for First Interstate BancSystem from 2010 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202220.959.76%
202113.1-18.53%
202016.19.13%
201914.711.44%
201813.2-31.45%
201719.3-2.26%
201619.730.11%
201515.13.4%
201414.61.16%
201314.519.14%
201212.1-10.49%
201113.6-20.74%
201017.1

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
8.87-23.59%๐Ÿ‡บ๐Ÿ‡ธ USA
20.8 79.50%๐Ÿ‡บ๐Ÿ‡ธ USA
11.2-3.98%๐Ÿ‡บ๐Ÿ‡ธ USA
12.8 10.58%๐Ÿ‡บ๐Ÿ‡ธ USA
13.7 18.13%๐Ÿ‡บ๐Ÿ‡ธ USA
12.2 5.43%๐Ÿ‡บ๐Ÿ‡ธ USA
12.0 3.36%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.