P/E ratio for Fulton Financial (FULT)
P/E ratio as of April 2024 (TTM): 8.29
According to Fulton Financial's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.2931. At the end of 2022 the company had a P/E ratio of 10.0.
P/E ratio history for Fulton Financial from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 10.0 | -3.95% |
| 2021 | 10.4 | -11.45% |
| 2020 | 11.8 | -5.4% |
| 2019 | 12.5 | -5.1% |
| 2018 | 13.1 | -28.18% |
| 2017 | 18.3 | -9.65% |
| 2016 | 20.2 | 32.07% |
| 2015 | 15.3 | 5.26% |
| 2014 | 14.5 | -6.69% |
| 2013 | 15.6 | 29.73% |
| 2012 | 12.0 | -10.61% |
| 2011 | 13.4 | -23.32% |
| 2010 | 17.5 | -37.7% |
| 2009 | 28.1 | -105.85% |
| 2008 | -481 | -3872.55% |
| 2007 | 12.8 | -17.54% |
| 2006 | 15.5 | -6.12% |
| 2005 | 16.5 | -11.54% |
| 2004 | 18.6 | 9.68% |
| 2003 | 17.0 | 24.92% |
| 2002 | 13.6 | -15.75% |
| 2001 | 16.1 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 PNC Financial Services PNC | 10.3 | 23.75% | 🇺🇸 USA |
 M&T Bank MTB | 8.00 | -3.58% | 🇺🇸 USA |
 Penseco Financial Services PFIS | 8.02 | -3.25% | 🇺🇸 USA |
 ACNB Corporation
ACNB | 7.00 | -15.54% | 🇺🇸 USA |
 F.N.B. Corporation
FNB | 8.08 | -2.62% | 🇺🇸 USA |
 First Commonwealth Financial Corp FCF | 8.66 | 4.41% | 🇺🇸 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.