The P/E ratio for First Hawaiian stock stands at 11.84 as of May 3, 2024. The calculation is based on the latest EPS of $1.84 and the stock price of $21.78 per share. An increase of 21% has been observed in the PE ratio compared to its average of 9.8 of the past four quarters.
Over the last eight years, the average PE ratio of First Hawaiian has been 14.38. The current 11.84 price-to-earnings ratio is 18% less than the historical average. Analyzing the last eight years, FHB's PE ratio reached its highest point in the Dec 2017 quarter at 22.11, with a price of $29.18 and an EPS of $1.32. The Jun 2023 quarter saw the lowest point at 8.3, with a price of $18.01 and an EPS of $2.17.
Maximum annual increase: 22.33% in 2020
Maximum annual decrease: -47.26% in 2018
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 12.42 | -0.8% |
| 2022 | 12.52 | -5.65% |
| 2021 | 13.27 | -19.53% |
| 2020 | 16.49 | 22.33% |
| 2019 | 13.48 | 15.61% |
| 2018 | 11.66 | -47.26% |
| 2017 | 22.11 | 4.79% |
| 2016 | 21.1 | N/A |
| 2015 | N/A | N/A |
| 2014 | N/A | N/A |
FHB's current PE ratio is under its 3 and 5-year averages.
FHB's PE ratio is above its peer stocks NRIM and NKSH.
| Stock name | PE ratio | Market cap |
|---|---|---|
| NRIM Northrim Bancorp Inc | 9.55 | $271.4M |
| NKSH National Bankshares Inc | 10.36 | $162.49M |
| FHB First Hawaiian Inc | 11.84 | $2.78B |
As of May 3, 2024, FHB stock has a price to earnings ratio of 11.84.
As an average over the last 3 years, FHB stock has a PE ratio of 11.91.
As an average over the last 5 years, FHB stock has a PE ratio of 12.31.
Over the last eight years, the quarterly PE ratio reached its highest level at 22.11 in the Dec 2017 quarter.
FHB's current price to earnings ratio is 18% below its 8-year historical average.
The P/E ratio is calculated by dividing the latest price of a stock by its trailing twelve months EPS. As of today (May 3, 2024), First Hawaiian's share price is $21.78. The company's earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $1.84. Therefore, First Hawaiian's price to earnings ratio for today is 11.84. PE RATIO(11.84) = STOCK PRICE($21.78) / TTM EPS($1.84)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.