P/E ratio for First National Financial (FN.TO)
P/E ratio as of May 2024 (TTM): 8.44
According to First National Financial's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.43944. At the end of 2022 the company had a P/E ratio of 11.2.
P/E ratio history for First National Financial from 2008 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 11.2 | -13.72% |
| 2021 | 13.0 | -2% |
| 2020 | 13.3 | 0.92% |
| 2019 | 13.1 | 30.55% |
| 2018 | 10.1 | 19.45% |
| 2017 | 8.42 | 2.57% |
| 2016 | 8.21 | -37.41% |
| 2015 | 13.1 | -9.62% |
| 2014 | 14.5 | 76.59% |
| 2013 | 8.22 | -22.63% |
| 2012 | 10.6 | -33.05% |
| 2011 | 15.9 | 27.93% |
| 2010 | 12.4 | 12.13% |
| 2009 | 11.1 | 1.2% |
| 2008 | 10.9 |
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.