As of May 17, 2024, the FHI stock has a P/E ratio of 9.32. The calculation is based on the latest EPS of $3.52 and the stock price of $32.79 per share. A decrease of 14% has been observed in the PE ratio compared to its average of 10.8 of the past four quarters.
The mean historical PE ratio of Federated Hermes over the last ten years is 13.45. The current 9.32 price-to-earnings ratio is 31% less than the historical average. Analyzing the last ten years, FHI's PE ratio reached its highest point in the Mar 2015 quarter at 23.7, with a price of $33.89 and an EPS of $1.43. The Mar 2020 quarter saw the lowest point at 6.85, with a price of $19.05 and an EPS of $2.78.
Maximum annual increase: 52.64% in 2021
Maximum annual decrease: -27.3% in 2023
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 9.96 | -27.3% |
| 2022 | 13.7 | 0.96% |
| 2021 | 13.57 | 52.64% |
| 2020 | 8.89 | -26.65% |
| 2019 | 12.12 | -0.49% |
| 2018 | 12.18 | -3.1% |
| 2017 | 12.57 | -9.76% |
| 2016 | 13.93 | -21.25% |
| 2015 | 17.69 | -23.72% |
| 2014 | 23.19 | 24.81% |
Currently, FHI's PE ratio is under its 3, 5 and 10-year averages.
FHI's PE ratio is below its peer stocks OWL and PAX.
| Stock name | PE ratio | Market cap |
|---|---|---|
| FHI Federated Hermes Inc | 9.32 | $2.76B |
| PAX Patria Investments Ltd | 16.29 | $1.93B |
| OWL Blue Owl Capital Inc | 126.67 | $27.15B |
FHI stock has a price to earnings ratio of 9.32 as of May 17, 2024.
The 3-year average PE ratio for FHI stock is 11.92.
The 5-year average PE ratio for FHI stock is 11.09.
Over the last ten years, the quarterly PE ratio reached its highest level at 23.7 in the Mar 2015 quarter.
FHI's current price to earnings ratio is 31% below its 10-year historical average.
A company with a lower PE ratio may indicate that the market has lower growth expectations for the company's future earnings.
The P/E ratio is calculated by taking the latest stock price and dividing it by the earnings per share(EPS) for the last 12 months. As of today (May 17, 2024), Federated Hermes's share price is $32.79. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $3.52. Therefore, Federated Hermes's price to earnings ratio for today is 9.32. PE RATIO(9.32) = STOCK PRICE($32.79) / TTM EPS($3.52)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.