First Citizens BancShares
FCNCA
#623
Rank
โ‚น2.745 T
Marketcap
โ‚น1,98,612
Share price
1.24%
Change (1 day)
67.48%
Change (1 year)

P/E ratio for First Citizens BancShares (FCNCA)

P/E ratio as of November 2024 (TTM): 3.07

According to First Citizens BancShares 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 3.06681. At the end of 2022 the company had a P/E ratio of 11.2.

P/E ratio history for First Citizens BancShares from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202211.2-27.11%
202115.428.25%
202012.0-7.37%
201913.015.33%
201811.2-24.81%
201715.0-20.9%
201618.928.28%
201514.7-23.75%
201419.351.31%
201312.82.42%
201212.535.06%
20119.23-9.2%
201010.2-30.93%
200914.7-15.98%
200817.525.19%
200714.0-16.21%
200616.73.63%
200516.1-22.04%
200420.723.37%
200316.853.54%
200210.9-7.65%
200111.8

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
18.4 498.86%๐Ÿ‡บ๐Ÿ‡ธ USA
10.3 234.72%๐Ÿ‡บ๐Ÿ‡ธ USA
16.5 437.25%๐Ÿ‡บ๐Ÿ‡ธ USA
16.2 426.78%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.