FUNC First United PE ratio, current and historical analysis
As of Feb 21, 2025, the FUNC stock has a P/E ratio of 15.3. The calculation is based on the latest EPS of $2.46 and the stock price of $37.64 per share. An increase of 44% has been observed in the PE ratio compared to its average of 10.6 of the past four quarters.
FUNC PE ratio history
The mean historical PE ratio of First United over the last ten years is 11.47. The current 15.3 price-to-earnings ratio is 33% more than the historical average. Analyzing the last ten years, FUNC's PE ratio reached its highest point in the Dec 2017 quarter at 30, with a price of $17.4 and an EPS of $0.58. The Jun 2023 quarter saw the lowest point at 4.18, with a price of $14.26 and an EPS of $3.41.
First United PE ratio by year
Maximum annual increase: 167.84% in 2016
Maximum annual decrease: -64.87% in 2018
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2023 | 10.45 | 100.58% | $23.51 | $2.25 |
| 2022 | 5.21 | -18.08% | $19.65 | $3.77 |
| 2021 | 6.36 | -18.77% | $18.76 | $2.95 |
| 2020 | 7.83 | -39.86% | $15.5 | $1.98 |
| 2019 | 13.02 | 23.53% | $24.09 | $1.85 |
| 2018 | 10.54 | -64.87% | $15.92 | $1.51 |
| 2017 | 30 | 57.98% | $17.4 | $0.58 |
| 2016 | 18.99 | 167.84% | $15.95 | $0.84 |
| 2015 | 7.09 | -60.19% | $11.7 | $1.65 |
| 2014 | 17.81 | 76.51% | $8.55 | $0.48 |
| 2013 | 10.09 | -32.46% | $7.67 | $0.76 |
| 2012 | 14.94 | 55.95% | $7.17 | $0.48 |
| 2011 | 9.58 | N/A | $3.16 | $0.33 |
| 2010 | N/A | N/A | $3.43 | -$1.91 |
| 2009 | N/A | N/A | $6 | -$2.08 |
First United PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Sep 2024 | 12.13 | 33% | $29.84 | $2.46 |
| Jun 2024 | 9.12 | -14.45% | $20.42 | $2.24 |
| Mar 2024 | 10.66 | 2.01% | $22.91 | $2.15 |
| Dec 2023 | 10.45 | 95.69% | $23.51 | $2.25 |
| Sep 2023 | 5.34 | 27.75% | $16.23 | $3.04 |
| Jun 2023 | 4.18 | -11.44% | $14.26 | $3.41 |
| Mar 2023 | 4.72 | -9.4% | $16.86 | $3.57 |
| Dec 2022 | 5.21 | 21.45% | $19.65 | $3.77 |
| Sep 2022 | 4.29 | -20.41% | $16.55 | $3.86 |
| Jun 2022 | 5.39 | -20.62% | $18.76 | $3.48 |
| Mar 2022 | 6.79 | 6.76% | $22.53 | $3.32 |
| Dec 2021 | 6.36 | -15.54% | $18.76 | $2.95 |
| Sep 2021 | 7.53 | 8.5% | $18.6 | $2.47 |
| Jun 2021 | 6.94 | -12.59% | $17.43 | $2.51 |
| Mar 2021 | 7.94 | 1.4% | $17.62 | $2.22 |
FUNC average PE ratio chart
FUNC's current PE ratio is higher than the 3, 5 and 10-year averages.
FUNC PE vs peers
When compared to its peer SASR, FUNC's PE ratio is lower, but it is higher than FNB's and SHBI's.
| Stock name | PE ratio | Market cap |
|---|---|---|
| SHBI Shore Bancshares Inc | 11.59 | $509.9M |
| FNB Fnb Corp | 13.56 | $5.31B |
| FUNC First United Corp | 15.3 | $243.48M |
| SASR Sandy Spring Bancorp Inc | 71.86 | $1.43B |
| EGBN Eagle Bancorp Inc | N/A | $687.69M |
Frequently asked questions
What is First United's PE ratio?
The price to earnings ratio for FUNC stock as of Feb 21, 2025, stands at 15.3.
What is the 3-year average PE ratio for First United (FUNC)?
The average PE ratio for FUNC stock over the past 3 years is 7.12.
What is the 5-year average PE ratio for First United (FUNC)?
The average PE ratio for FUNC stock over the past 5 years is 7.28.
What is the highest PE ratio for FUNC?
The highest quarterly PE ratio in the last ten years has been 30 and it was in the Dec 2017 quarter.
How does the current PE ratio for FUNC compare to its historical average?
FUNC's current price to earnings ratio is 33% above its 10-year historical average.
How is FUNC's PE ratio calculated (First United PE ratio formula)?
The P/E ratio is calculated by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Feb 21, 2025), First United's share price is $37.64. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $2.46. Therefore, First United's price to earnings ratio for today is 15.3. PE RATIO(15.3) = STOCK PRICE($37.64) / TTM EPS($2.46)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.