Red River Bancshares
RRBI
#7229
Rank
S$0.51 B
Marketcap
$75.30
Share price
0.54%
Change (1 day)
-0.93%
Change (1 year)

P/E ratio for Red River Bancshares (RRBI)

P/E ratio as of December 2024 (TTM): 10.8

According to Red River Bancshares's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.8012. At the end of 2022 the company had a P/E ratio of 9.93.

P/E ratio history for Red River Bancshares from 2019 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20229.93-15.89%
202111.8-8.47%
202012.9-20.82%
201916.3

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
16.1 49.32%๐Ÿ‡บ๐Ÿ‡ธ USA
13.2 21.87%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.