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FULT Fulton Financial PE ratio, current and historical analysis

The current PE ratio for Fulton Financial stock as of Feb 23, 2024 is 8.61. This is calculated based on the TTM EPS of $1.75 and the stock price of $15.07 per share. The PE ratio marks an increase of 8% from its last 4 quarters average of 8.0.

FULT PE ratio history

How has FULT's PE ratio performed in the past

The average historical PE ratio of Fulton Financial for the last ten years is 13.21. The current P/E ratio of 8.61 is 35% 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.

Average
13.21
Median
12.88
Minimum
6.85
Maximum
20.22

Fulton Financial PE ratio by year

Maximum annual increase: 32.07% in 2016

Maximum annual decrease: -28.79% in 2018

Year PE ratio Change
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%
2013 15.58 29.73%

FULT average PE ratio chart

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

Currently, FULT's PE ratio is lower than its 3, 5 and 10-year averages.

3-year avg
9.54
5-year avg
10.18
10-year avg
13.21
15-year avg
14.13

FULT PE vs peers

What is FULT's PE ratio compared to its peers

FULT's PE ratio stands lower than its peer stocks PNC and MTB, but it is higher than FNB's and ACNB's. Fulton Financial's current PE ratio of 8.61 is lower than the average of its peers, which is 9.92.

Stock name PE ratio Market cap
ACNB Acnb Corp 8.06 $304.32M
FNB Fnb Corp 8.46 $4.8B
FULT Fulton Financial Corp 8.58 $2.47B
MTB M&T Bank Corp 8.6 $22.71B
FCF First Commonwealth Financial Corp 8.76 $1.32B
PFIS Peoples Financial Services Corp 8.9 $288.11M
PWOD Penns Woods Bancorp Inc 9.05 $142.55M
PNC Pnc Financial Services Group Inc 11.33 $57.71B
ASRV Ameriserv Financial Inc 15.89 $49.04M

Frequently asked questions

What is Fulton Financial's PE ratio?

FULT stock has a price to earnings ratio of 8.61 as of Feb 23, 2024.

What is the 3-year average PE ratio for Fulton Financial (FULT)?

As an average over the last 3 years, FULT stock has a PE ratio of 9.54.

What is the 5-year average PE ratio for Fulton Financial (FULT)?

As an average over the last 5 years, FULT stock has a PE ratio of 10.18.

What is the highest PE ratio for FULT?

Over the last ten years, the quarterly PE ratio reached its highest level at 20.22 in the Dec 2016 quarter.

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

The current PE ratio of FULT is 35% lower than the 10-year historical average.

Why is Fulton Financial's PE ratio so low?

A company with a lower PE ratio may indicate that the market has lower growth expectations for the company's future earnings.

How is FULT's PE ratio calculated (Fulton Financial PE ratio formula)?

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 (Feb 23, 2024), Fulton Financial's share price is $15.07. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2023 is $1.75. Therefore, Fulton Financial's PE ratio for today is 8.61. PE RATIO(8.61) = STOCK PRICE($15.07) / TTM EPS($1.75)

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