Back to FITB overview
#
FITB Fifth Third Bancorp
PE ratio, current and historical analysis

## FITB PE ratio history

### Fifth Third Bancorp PE ratio by year

## FITB average PE ratio chart

## FITB PE vs peers

## Frequently asked questions

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What is Fifth Third Bancorp's PE ratio?

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What is the 3-year average PE ratio for Fifth Third Bancorp (FITB)?

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What is the 5-year average PE ratio for Fifth Third Bancorp (FITB)?

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What is the highest PE ratio for FITB?

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How does the current PE ratio for FITB compare to its historical average?

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How is FITB's PE ratio calculated (Fifth Third Bancorp PE ratio formula)?

As at Jun 18, 2024, the FITB stock has a PE ratio of 11.42. This is based on the current EPS of $3.15 and the stock price of $35.98 per share. An increase of 23% has been recorded in the PE ratio compared to the average of 9.3 of the past four quarters.

How has FITB's PE ratio performed in the past

The mean historical PE ratio of Fifth Third Bancorp over the last ten years is 10.33. The current 11.42 price-to-earnings ratio is 11% more than the historical average. In the past ten years, FITB's PE ratio reached its highest point in the Dec 2020 quarter at 14.98, with a price of $27.57 and an EPS of $1.84. The Mar 2020 quarter saw the lowest point at 6.43, with a price of $14.85 and an EPS of $2.31.

Average

10.33

Median

10.25

Minimum

6.43

Maximum

14.98

Maximum annual increase: 64.8% in 2020

Maximum annual decrease: -28.65% in 2018

Year | PE ratio | Change |
---|---|---|

2023 | 10.68 | 9.99% |

2022 | 9.71 | -15.71% |

2021 | 11.52 | -23.1% |

2020 | 14.98 | 64.8% |

2019 | 9.09 | 20.08% |

2018 | 7.57 | -28.65% |

2017 | 10.61 | -24.48% |

2016 | 14.05 | 41.92% |

2015 | 9.9 | -18.38% |

2014 | 12.13 | 18.23% |

What is the average PE ratio of FITB for the past years

The current PE ratio of FITB is above its 3, 5 and 10-year historical averages.

3-year avg

10.06

5-year avg

10.17

10-year avg

10.33

15-year avg

21.1

What is FITB's PE ratio compared to its peers

FITB's PE ratio is less than its peer stocks BAC and WFC, but it is above HBAN's and WTFC's. Fifth Third Bancorp's current PE ratio of 11.42 is less than the average of its peers, which is 12.9.

Stock name | PE ratio | Market cap |
---|---|---|

WTFC Wintrust Financial Corp | 9.56 | $5.79B |

HBAN Huntington Bancshares Inc | 11.06 | $17.95B |

FITB Fifth Third Bancorp | 11.39 | $24.54B |

WFC Wells Fargo & Company | 12.12 | $204.93B |

PNC Pnc Financial Services Group Inc | 12.81 | $60.7B |

BAC Bank Of America Corp | 13.71 | $313.09B |

CBSH Commerce Bancshares Inc | 15 | $6.92B |

LCNB Lcnb Corp | 15.72 | $195.6M |

The price to earnings ratio for FITB stock is 11.42 as of Jun 18, 2024.

The 3-year average PE ratio for FITB stock is 10.06.

The 5-year average PE ratio for FITB stock is 10.17.

The highest quarterly PE ratio in the last ten years has been 14.98 and it was in the Dec 2020 quarter.

FITB's current price to earnings ratio is 11% above its 10-year historical average.

You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months earnings per share(EPS). As of today (Jun 18, 2024), Fifth Third Bancorp's stock price is $35.98. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $3.15. Therefore, Fifth Third Bancorp's price to earnings ratio for today is 11.42. `PE RATIO(11.42) = STOCK PRICE($35.98) / TTM EPS($3.15)`

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.