The P/E ratio for First Hawaiian stock stands at 14.44 as of Jul 25, 2024. The calculation is based on the latest EPS of $1.74 and the stock price of $25.12 per share. An increase of 38% has been observed in the PE ratio compared to its average of 10.5 of the past four quarters.
Over the last eight years, the average PE ratio of First Hawaiian has been 14.32. The current 14.44 price-to-earnings ratio is in line with 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 higher than the 3 and 5-year averages.
FHB's PE ratio is less than its peer stock NIC, but it is above NRIM's and NKSH's.
| Stock name | PE ratio | Market cap |
|---|---|---|
| NRIM Northrim Bancorp Inc | 13.74 | $390.53M |
| NKSH National Bankshares Inc | 13.97 | $186.13M |
| FHB First Hawaiian Inc | 15 | $3.34B |
| NIC Nicolet Bankshares Inc. | 15.63 | $1.55B |
As of Jul 25, 2024, FHB stock has a price to earnings ratio of 14.44.
As an average over the last 3 years, FHB stock has a PE ratio of 11.83.
As an average over the last 5 years, FHB stock has a PE ratio of 12.3.
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 0.8% above 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 (Jul 25, 2024), First Hawaiian's share price is $25.12. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $1.74. Therefore, First Hawaiian's price to earnings ratio for today is 14.44. PE RATIO(14.44) = STOCK PRICE($25.12) / TTM EPS($1.74)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.