First Community Historical PE Ratio
This FCBC historical PE ratio page, which was last updated 7/20/2026, presents historical price to earnings information for First Community under both the TTM method and
the annualized method, and presented in both tabular and graphical format for ease of study.
FCBC Historical PE Ratio Notes
— First Community Bankshares, Inc. (ticker: FCBC) is a regional financial services company headquartered in Bluefield, Virginia, operating as the holding company for First Community Bank. The company serves individuals, small businesses, and commercial clients across Virginia, West Virginia, North Carolina, and Tennessee, offering a wide range of banking products including loans, deposit accounts, mortgage services, trust & wealth management, and other financial products. Since banks like FCBC generate earnings primarily from net interest income & fees, their profitability can be affected by economic cycles, interest rate changes, loan loss provisions, and regional economic health. These factors, in turn, have a direct impact on FCBC's historical Price-to-Earnings (PE) ratio: in periods of stable or rising earnings, the market may award a higher PE ratio, perceiving the company as lower risk; however, during downturns or uncertainties affecting loan performance, the PE ratio may compress. When you review FCBC's historical price, earnings, and PE ratio charts, keep in mind that industry trends, regulatory shifts, and local economic events have all contributed to the market's evolving valuation of FCBC over time, and these drivers provide essential context for understanding how and why its PE ratio has fluctuated.
How should the FCBC historical PE ratio be determined?
Realizing that PE stands for Price to Earnings ratio, we need two values to compute it: stock price and earnings per share. The stock price at any given date is a known historical value, but what about the earnings number to use?
✔️Accepted answer:
There are a number of different approaches when it comes to calculating a historical PE ratio for a company like First Community. We like to take our measurements on each of the past quarterly earnings reports. That only leaves the question of whether the earnings number at that quarterly report should be used on an annualized basis, or some other method. We approach this question using three different methods, on this FCBC Historical PE Ratio page.
What is the average historical PE for FCBC based on annualized quarterly earnings?
As we look back through earnings history, what is the resulting PE calculation if at each measurement period we use that quarter's earnings result annualized?
✔️Accepted answer:
The FCBC historical PE ratio using the annualized quarterly earnings method works out to 13.1.
What is the average historical PE for FCBC based on trailing twelve month earnings?
As we look back through earnings history, what is the resulting PE calculation if at each measurement period we use the trailing twelve months combined earnings result in the calculation?
✔️Accepted answer:
The FCBC historical PE ratio using the TTM earnings method works out to 13.3.
What is the average historical PE for FCBC based on median TTM earnings?
As we look back through earnings history, what is the resulting PE calculation if at each measurement period we use the median earnings over the trailing twelve months and annualize that median result in the calculation?
✔️Accepted answer:
The FCBC historical PE ratio using the annualized median TTM earnings method works out to 2.84.
On this page we presented the
First Community Historical PE Ratio information for First Community' stock.
The average FCBC historical PE based on using the annualized quarterly earnings result at each measurement period (for the "E" in the PE calculation; and the closing price on earnings date as the "P") is 13.1. Meanwhile, using the trailing twelve month (TTM) quarterly earnings result as our method of calculation the "E" value at each measurement period, the average FCBC historical PE based on this TTM earnings result method is 13.3.
Let's now compare this FCBC historical PE result, against the recent PE: when this page was posted on 7/17/2026, the most recent closing price for FCBC had been 44.92, and the most recent quarterly earnings result, annualized, was 2.92. Meanwhile, the most recent TTM earnings summed to 2.87. From these numbers, we calculate the recent FCBC PE on 7/17/2026 based on annualized quarterly EPS was 15.4. Based on FCBC's history, that recent PE is elevated relative to the historical average, with the recent PE 17.6% higher than the historical average PE across our data set for First Community. Looking at the recent FCBC PE on 7/17/2026 based on TTM EPS, we calculate the ratio at 15.7. Based on FCBC's history, that recent PE is elevated relative to the historical average, with the recent PE 18.0% higher than the historical average PE across our First Community data set with TTM EPS used in the calculation at each period.
Another interesting FCBC historical PE Ratio calculation we look at is to take the
median earnings per share of the last four quarters for FCBC, and then annualize the resulting value... with that annualized number then being used in the PE calculation. To walk through this math for FCBC, we start with the past four EPS numbers and we first sort them from lowest to highest: 0.67, 0.70, 0.73, and 0.77. We then toss out the highest and lowest result, and then take the average of those two middle numbers — 0.70 and 0.73 — which gives us the median of 0.71. Basically the way to think about this 0.71 number is this: for the trailing four earnings reports, 0.71 marks the "middle ground" number where FCBC has reported a value
higher than 0.71 half the time, and has reported a value
lower than 0.71 half the time. Annualizing that median value then gets us to 2.84/share, which we use as the denominator in our next PE calculation. With 44.92 as the numerator (as of 7/17/2026), the calculation is then 44.92 / 2.84 =
15.8 as the FCBC PE ratio as of 7/17/2026, based on that annualized median value we calculated.
For self directed investors doing their due diligence on FCBC or any other given stock, valuation analysis for FCBC
can greatly benefit from studying the past earnings and resulting PE calculations. This exercise can help inform an analysis
as to whether the past earnings trajectory and current versus historical PE ratios justify the current stock value.
That's why we bring you
HistoricalPERatio.com to make it easy for investors to investigate
First Community PE history or the past PE information for any stock in our coverage universe.
And in your continued research we hope you will be sure to check out the further links included for earnings
surprises history (beat/miss data) as well as next earnings dates for FCBC. Thanks for visiting, and the next
time you need to research
FCBC Historical PE Ratio or the ratio for another stock, we hope you'll think of our site, as your
go-to historical PE ratio research resource of choice.