FITB Fifth Third Bancorp PE ratio, current and historical analysis
As at Nov 22, 2024, the FITB stock has a PE ratio of 15.86. This is based on the current EPS of $3.02 and the stock price of $47.9 per share. An increase of 31% has been recorded in the PE ratio compared to the average of 12.1 of the past four quarters.
FITB PE ratio history
The mean historical PE ratio of Fifth Third Bancorp over the last ten years is 10.37. The current 15.86 price-to-earnings ratio is 53% 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.
Fifth Third Bancorp PE ratio by year
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% |
FITB average PE ratio chart
The current PE ratio of FITB is above its 3, 5 and 10-year historical averages.
FITB PE vs peers
FITB's PE ratio is less than its peer stocks BAC and PNC, but it is above WFC's and WTFC's. Fifth Third Bancorp's current PE ratio of 15.86 is less than the average of its peers, which is 19.74.
| Stock name | PE ratio | Market cap |
|---|---|---|
| WTFC Wintrust Financial Corp | 14.41 | $9.28B |
| WFC Wells Fargo & Company | 15.64 | $254.06B |
| FITB Fifth Third Bancorp | 16.12 | $32.64B |
| BAC Bank Of America Corp | 17.06 | $363.92B |
| HBAN Huntington Bancshares Inc | 17.49 | $26.43B |
| PNC Pnc Financial Services Group Inc | 17.96 | $84.37B |
| CBSH Commerce Bancshares Inc | 20.37 | $9.69B |
| LCNB Lcnb Corp | 37.96 | $251.73M |
Frequently asked questions
What is Fifth Third Bancorp's PE ratio?
The price to earnings ratio for FITB stock is 15.86 as of Nov 22, 2024.
What is the 3-year average PE ratio for Fifth Third Bancorp (FITB)?
The 3-year average PE ratio for FITB stock is 10.32.
What is the 5-year average PE ratio for Fifth Third Bancorp (FITB)?
The 5-year average PE ratio for FITB stock is 10.55.
What is the highest PE ratio for FITB?
The current PE of 15.86 represents the highest historical value in the last ten years.
How does the current PE ratio for FITB compare to its historical average?
FITB's current price to earnings ratio is 53% above its 10-year historical average.
How is FITB's PE ratio calculated (Fifth Third Bancorp PE ratio formula)?
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 (Nov 22, 2024), Fifth Third Bancorp's stock price is $47.9. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $3.02. Therefore, Fifth Third Bancorp's price to earnings ratio for today is 15.86. PE RATIO(15.86) = STOCK PRICE($47.9) / TTM EPS($3.02)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.