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Back to FHN overview
#
FHN First Horizon
PE ratio, current and historical analysis

## FHN PE ratio history

### First Horizon PE ratio by year

## FHN average PE ratio chart

## FHN PE vs peers

## Frequently asked questions

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What is First Horizon's PE ratio?

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What is the 3-year average PE ratio for First Horizon (FHN)?

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What is the 5-year average PE ratio for First Horizon (FHN)?

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What is the highest PE ratio for FHN?

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How does the current PE ratio for FHN compare to its historical average?

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How is FHN's PE ratio calculated (First Horizon PE ratio formula)?

The current PE ratio for First Horizon stock as of Nov 8, 2024 is 14.17. This is calculated based on the TTM EPS of $1.39 and the stock price of $19.69 per share. The PE ratio has grown by 30% from its last 4 quarters average of 10.9.

How has FHN's PE ratio performed in the past

The average historical PE ratio of First Horizon for the last ten years is 16.27. The current price-to-earnings ratio of 14.17 is 13% 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.

Average

16.27

Median

13.34

Minimum

5.64

Maximum

54.03

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% |

What is the average PE ratio of FHN for the past years

FHN's current PE ratio is higher than the 3 and 5-year averages, but it is under its 10-year average.

3-year avg

11.13

5-year avg

10.08

10-year avg

16.27

15-year avg

37.84

What is FHN's PE ratio compared to its peers

FHN's PE ratio is below its peer stocks PNC and PNFP.

Stock name | PE ratio | Market cap |
---|---|---|

FHN First Horizon Corp | 14.17 | $10.44B |

PNC Pnc Financial Services Group Inc | 17.23 | $80.93B |

PNFP Pinnacle Financial Partners Inc | 23.64 | $9.35B |

SNV Synovus Financial Corp | 25.47 | $8.05B |

As of Nov 8, 2024, FHN stock has a price to earnings ratio of 14.17.

As an average over the last 3 years, FHN stock has a PE ratio of 11.13.

As an average over the last 5 years, FHN stock has a PE ratio of 10.08.

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 13% 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 (Nov 8, 2024), First Horizon's share price is $19.69. 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 14.17. `PE RATIO(14.17) = STOCK PRICE($19.69) / TTM EPS($1.39)`

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.