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TFC Truist Financial PE ratio, current and historical analysis

The current PE ratio for Truist Financial stock as of Nov 29, 2023 is 8.03. This is calculated based on the TTM EPS of $4 and the stock price of $32.13 per share. The PE ratio has increased by 2.6% from its last 4 quarters average of 7.8.

TFC PE ratio history

How has TFC's PE ratio performed in the past

The average historical PE ratio of Truist Financial for the last ten years is 13.43. The current price-to-earnings ratio of 8.03 is 40% less than the historical average. Analyzing the last ten years, TFC's PE ratio reached its highest point in the Dec 2017 quarter at 17.88, when the price was $49.72 and the EPS was $2.78. The lowest point was recorded in the Jun 2023 quarter, when it reached 6.96 with a price of $30.35 and an EPS of $4.36.


Truist Financial PE ratio by year

Maximum annual increase: 58.29% in 2013

Maximum annual decrease: -38.81% in 2018

Year PE ratio Change
2022 9.65 -25.65%
2021 12.98 -15.77%
2020 15.41 2.87%
2019 14.98 36.93%
2018 10.94 -38.81%
2017 17.88 6.87%
2016 16.73 14.59%
2015 14.6 3.62%
2014 14.09 -16.18%
2013 16.81 58.29%

TFC average PE ratio chart

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

The current PE ratio of TFC is under its 3, 5 and 10-year averages.

3-year avg
5-year avg
10-year avg
15-year avg

TFC PE vs peers

What is TFC's PE ratio compared to its peers

When compared to its peer NIC, TFC's PE ratio is lower, but it is higher than NKSH's.

Stock name PE ratio Market cap
NKSH National Bankshares Inc 7.47 $154.42M
TFC Truist Financial Corp 8.03 $42.85B
NIC Nicolet Bankshares Inc. 18.85 $1.11B

Frequently asked questions

What is Truist Financial's PE ratio?

As of Nov 29, 2023, TFC stock has a price to earnings ratio of 8.03.

What is the 3-year average PE ratio for Truist Financial (TFC)?

The average PE ratio for TFC stock over the past 3 years is 11.53.

What is the 5-year average PE ratio for Truist Financial (TFC)?

The average PE ratio for TFC stock over the past 5 years is 11.77.

What is the highest PE ratio for TFC?

Over the last ten years, the quarterly PE ratio reached its highest level at 17.88 in the Dec 2017 quarter.

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

The current PE ratio of TFC is 40% lower than the 10-year historical average.

Why is Truist Financial's PE ratio so low?

TFC's stock price is trading at a lower multiple of earnings, which is why its PE ratio of 8.03 is considered low.

How is TFC's PE ratio calculated (Truist Financial PE ratio formula)?

To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Nov 29, 2023), Truist Financial's share price is $32.13. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2023 is $4. Therefore, Truist Financial's price to earnings ratio for today is 8.03. PE RATIO(8.03) = STOCK PRICE($32.13) / TTM EPS($4)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.