P/E ratio for First Horizon National (FHN)
P/E ratio as of June 2023 (TTM): 6.81
According to First Horizon National's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.81395. At the end of 2021 the company had a P/E ratio of 9.23.
P/E ratio history for First Horizon National from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 9.23 | 14.24% |
| 2020 | 8.08 | -32.21% |
| 2019 | 11.9 | 50.28% |
| 2018 | 7.93 | -71.84% |
| 2017 | 28.2 | 32.26% |
| 2016 | 21.3 | -44.29% |
| 2015 | 38.2 | 154.35% |
| 2014 | 15.0 | -87.73% |
| 2013 | 122 | -240.48% |
| 2012 | -87.2 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 PNC Financial Services PNC | 8.82 | 29.49% | 🇺🇸 USA |
 Pinnacle Financial Partners
PNFP | 7.58 | 11.26% | 🇺🇸 USA |
 Synovus
SNV | 5.95 | -12.71% | 🇺🇸 USA |
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.