FUNC First United PE ratio, current and historical analysis
As of Apr 1, 2025, the FUNC stock has a P/E ratio of 9.43. The calculation is based on the latest EPS of $3.15 and the stock price of $29.71 per share. A decrease of 11% has been observed in the PE ratio compared to its average of 10.7 of the past four quarters.
FUNC PE ratio history
The mean historical PE ratio of First United over the last ten years is 11.21. The current 9.43 price-to-earnings ratio is 16% less 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 |
|---|---|---|---|---|
| 2024 | 10.7 | 2.39% | $33.71 | $3.15 |
| 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 |
First United PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Dec 2024 | 10.7 | -11.79% | $33.71 | $3.15 |
| 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 |
FUNC average PE ratio chart
FUNC's current PE ratio is higher than the 3 and 5-year averages, but it is under its 10-year average.
FUNC PE vs peers
When compared to its peer stocks FNB and SASR, FUNC's PE ratio is lower.
| Stock name | PE ratio | Market cap |
|---|---|---|
| FUNC First United Corp | 9.43 | $192.32M |
| SHBI Shore Bancshares Inc | 10.3 | $453.26M |
| FNB Fnb Corp | 10.57 | $4.83B |
| SASR Sandy Spring Bancorp Inc | 63.2 | $1.26B |
| EGBN Eagle Bancorp Inc | N/A | $632.78M |
Frequently asked questions
What is First United's PE ratio?
The price to earnings ratio for FUNC stock as of Apr 1, 2025, stands at 9.43.
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 7.47.
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 7.39.
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 16% below its 10-year historical average.
Why is First United's PE ratio so low?
FUNC's PE ratio is low because the stock price is relatively cheap compared to the earnings generated by the company.
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 (Apr 1, 2025), First United's share price is $29.71. The company's earnings per share for the trailing twelve months (TTM) ending Dec 2024 is $3.15. Therefore, First United's price to earnings ratio for today is 9.43. PE RATIO(9.43) = STOCK PRICE($29.71) / TTM EPS($3.15)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.