P/E ratio for Southside Bancshares (SBSI)

P/E ratio history for Southside Bancshares from 2001 to 2023

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
Cullen/Frost Bankers CFR	13.5	17.63%	🇺🇸 USA
Prosperity Bancshares PB	16.7	45.25%	🇺🇸 USA
First Financial Bankshares FFIN	28.7	149.68%	🇺🇸 USA
International Bancshares Corp IBOC	11.6	0.83%	🇺🇸 USA
Apogee Enterprises APOG	18.0	56.66%	🇺🇸 USA
Independent Bank Group IBTX	39.0	239.52%	🇺🇸 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.