The current PE ratio for First Horizon stock as of Jan 21, 2025 is 15.4. This is calculated based on the TTM EPS of $1.39 and the stock price of $21.41 per share. The PE ratio has grown by 41% from its last 4 quarters average of 10.9.
The average historical PE ratio of First Horizon for the last ten years is 16.31. The current price-to-earnings ratio of 15.4 is 6% less than the historical average. Analyzing the last ten years, FHN's PE ratio reached its highest point in the Jun 2015 quarter at 54.03, when the price was $15.67 and the EPS was $0.29. The lowest point was recorded in the Jun 2023 quarter, when it reached 5.64 with a price of $11.27 and an EPS of $2.
Maximum annual increase: 189.36% in 2015
Maximum annual decrease: -88.6% in 2014
Year | PE ratio | Change |
---|---|---|
2023 | 8.96 | -40.74% |
2022 | 15.12 | 62.93% |
2021 | 9.28 | 38.1% |
2020 | 6.72 | -43.58% |
2019 | 11.91 | 50.19% |
2018 | 7.93 | -73.82% |
2017 | 30.29 | 43.83% |
2016 | 21.06 | -50.69% |
2015 | 42.71 | 189.36% |
2014 | 14.76 | -88.6% |
FHN's current PE ratio is higher than the 3 and 5-year averages, but it is under its 10-year average.
FHN's PE ratio is below its peer stocks PNC and PNFP.
Stock name | PE ratio | Market cap |
---|---|---|
FHN First Horizon Corp | 15.42 | $11.36B |
PNC Pnc Financial Services Group Inc | 16.77 | $78.79B |
PNFP Pinnacle Financial Partners Inc | 22.67 | $9.28B |
SNV Synovus Financial Corp | 24.8 | $7.84B |
As of Jan 21, 2025, FHN stock has a price to earnings ratio of 15.4.
As an average over the last 3 years, FHN stock has a PE ratio of 11.29.
As an average over the last 5 years, FHN stock has a PE ratio of 9.98.
Over the last ten years, the quarterly PE ratio reached its highest level at 54.03 in the Jun 2015 quarter.
The current PE ratio of FHN is 6% lower than the 10-year historical average.
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Jan 21, 2025), First Horizon's share price is $21.41. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $1.39. Therefore, First Horizon's price to earnings ratio for today is 15.4. PE RATIO(15.4) = STOCK PRICE($21.41) / TTM EPS($1.39)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.