As of May 17, 2024, the Fortune Brands Innovations stock's PE ratio is 22.12. This results from the current EPS of $3.3 and stock price of $73. The P/E ratio has an increase of 2.8% from the past four quarters average of 21.5.
The PE ratio of Fortune Brands Innovations has averaged 22.27 over the last ten years. The current PE ratio of 22.12 is comparable to the historical average. Over the past ten years, FBIN's PE ratio was at its highest in the Jun 2015 quarter at 50.35, when the stock price was $45.82 and the EPS was $0.91. The lowest value was in the Sep 2022 quarter, when it reached 9.4 with a price of $53.69 and an EPS of $5.71.
Maximum annual increase: 120.2% in 2023
Maximum annual decrease: -43.01% in 2022
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 23.87 | 120.2% |
| 2022 | 10.84 | -43.01% |
| 2021 | 19.02 | -11.45% |
| 2020 | 21.48 | 1.56% |
| 2019 | 21.15 | 49.79% |
| 2018 | 14.12 | -36.45% |
| 2017 | 22.22 | 11.38% |
| 2016 | 19.95 | -29.18% |
| 2015 | 28.17 | -39.01% |
| 2014 | 46.19 | 40.48% |
The current PE ratio of FBIN is greater than its 3 and 5-year historical averages, but it is below the 10-year average.
Compared to its peer stock MTRN, FBIN's PE ratio stands lower.
| Stock name | PE ratio | Market cap |
|---|---|---|
| FBIN Fortune Brands Innovations Inc | 22.12 | $9.13B |
| MTRN MATERION Corp | 28.89 | $2.43B |
The price to earnings ratio for FBIN stock as of May 17, 2024, stands at 22.12.
As an average over the last 3 years, FBIN stock has a PE ratio of 16.43.
As an average over the last 5 years, FBIN stock has a PE ratio of 17.88.
The highest quarterly PE ratio in the last ten years has been 50.35 and it was in the Jun 2015 quarter.
FBIN's price to earnings ratio is currently 0.7% below its 10-year historical average.
To determine the PE ratio, divide the most recent stock price by the TTM earnings per share (EPS). As of today (May 17, 2024), Fortune Brands Innovations's stock price is $73. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $3.3. Therefore, Fortune Brands Innovations's P/E ratio for today is 22.12. PE RATIO(22.12) = STOCK PRICE($73) / TTM EPS($3.3)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.