The current PE ratio for Fulton Financial stock as of Jul 25, 2024 is 12.2. This is calculated based on the TTM EPS of $1.62 and the stock price of $19.76 per share. The PE ratio marks an increase of 46% from its last 4 quarters average of 8.4.
The average historical PE ratio of Fulton Financial for the last ten years is 12.97. The current P/E ratio of 12.2 is 6% lower than the historical average. Looking back at the last ten years, FULT's PE ratio peaked in the Dec 2016 quarter at 20.22, when the price was $18.8 and the EPS was $0.93. The lowest point was in the Jun 2023 quarter, when it reached 6.85 with a price of $11.92 and an EPS of $1.74.
Maximum annual increase: 32.07% in 2016
Maximum annual decrease: -28.79% in 2018
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 9.92 | -0.4% |
| 2022 | 9.96 | -4.51% |
| 2021 | 10.43 | -11.46% |
| 2020 | 11.78 | -8.11% |
| 2019 | 12.82 | -1.46% |
| 2018 | 13.01 | -28.79% |
| 2017 | 18.27 | -9.64% |
| 2016 | 20.22 | 32.07% |
| 2015 | 15.31 | 5.3% |
| 2014 | 14.54 | -6.68% |
Currently, FULT's PE ratio is higher than its 3 and 5-year averages, but it is lower than its 10-year average.
FULT's PE ratio stands lower than its peer stocks PNC and FNB, but it is higher than MTB's and FCF's. Fulton Financial's current PE ratio of 12.2 is lower than the average of its peers, which is 12.55.
| Stock name | PE ratio | Market cap |
|---|---|---|
| PWOD Penns Woods Bancorp Inc | 10.71 | $176.64M |
| ACNB Acnb Corp | 11.25 | $332.27M |
| FCF First Commonwealth Financial Corp | 11.54 | $1.9B |
| MTB M&T Bank Corp | 11.76 | $29.18B |
| FULT Fulton Financial Corp | 12.39 | $3.65B |
| FNB Fnb Corp | 12.54 | $5.59B |
| PNC Pnc Financial Services Group Inc | 15.21 | $72.1B |
| PFIS Peoples Financial Services Corp | 15.32 | $354.63M |
| ASRV Ameriserv Financial Inc | N/A | $43.21M |
FULT stock has a price to earnings ratio of 12.2 as of Jul 25, 2024.
As an average over the last 3 years, FULT stock has a PE ratio of 9.22.
As an average over the last 5 years, FULT stock has a PE ratio of 9.94.
Over the last ten years, the quarterly PE ratio reached its highest level at 20.22 in the Dec 2016 quarter.
The current PE ratio of FULT is 6% lower than the 10-year historical average.
The P/E ratio is calculated by taking the latest stock price and dividing it by the EPS for the last 12 months. As of today (Jul 25, 2024), Fulton Financial's share price is $19.76. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $1.62. Therefore, Fulton Financial's PE ratio for today is 12.2. PE RATIO(12.2) = STOCK PRICE($19.76) / TTM EPS($1.62)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.