Fulton Financial
FULT
#3145
Rank
HK$29.97 B
Marketcap
HK$164.68
Share price
0.81%
Change (1 day)
47.91%
Change (1 year)

P/E ratio for Fulton Financial (FULT)

P/E ratio as of November 2024 (TTM): 12.2

According to Fulton Financial's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.1552. 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
202210.0-3.95%
202110.4-11.45%
202011.8-5.4%
201912.5-5.1%
201813.1-28.18%
201718.3-9.65%
201620.232.07%
201515.35.26%
201414.5-6.69%
201315.629.73%
201212.0-10.61%
201113.4-23.32%
201017.5-37.7%
200928.1-105.85%
2008-481-3872.55%
200712.8-17.54%
200615.5-6.12%
200516.5-11.54%
200418.69.68%
200317.024.92%
200213.6-15.75%
200116.1

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
12.7 4.38%๐Ÿ‡บ๐Ÿ‡ธ USA
11.4-6.54%๐Ÿ‡บ๐Ÿ‡ธ USA
10.5-13.93%๐Ÿ‡บ๐Ÿ‡ธ USA
14.4 18.57%๐Ÿ‡บ๐Ÿ‡ธ USA
12.3 1.42%๐Ÿ‡บ๐Ÿ‡ธ USA
10.7-12.08%๐Ÿ‡บ๐Ÿ‡ธ 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.