P/E ratio for Huntington Bancshares (HBAN)
P/E ratio as of April 2024 (TTM): 8.56
According to Huntington Bancshares 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.55844. At the end of 2022 the company had a P/E ratio of 9.59.
P/E ratio history for Huntington Bancshares from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 9.59 | -42.15% |
| 2021 | 16.6 | -6.79% |
| 2020 | 17.8 | 50.99% |
| 2019 | 11.8 | 20.58% |
| 2018 | 9.77 | -31.55% |
| 2017 | 14.3 | -24.42% |
| 2016 | 18.9 | 38.31% |
| 2015 | 13.7 | -5.25% |
| 2014 | 14.4 | 9.02% |
| 2013 | 13.2 | 48.95% |
| 2012 | 8.88 | -3.01% |
| 2011 | 9.15 | -74.69% |
| 2010 | 36.2 | -8104.27% |
| 2009 | -0.4517 | -97.46% |
| 2008 | -17.8 | -130.17% |
| 2007 | 59.0 | 382.26% |
| 2006 | 12.2 | -7.73% |
| 2005 | 13.3 | -6.68% |
| 2004 | 14.2 | 1.74% |
| 2003 | 14.0 | -7.38% |
| 2002 | 15.1 | -52.6% |
| 2001 | 31.8 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Bank of America BAC | 9.96 | 16.42% | 🇺🇸 USA |
 WesBanco WSBC | 9.84 | 15.01% | 🇺🇸 USA |
 Peoples Bancorp PEBO | 7.91 | -7.53% | 🇺🇸 USA |
 Ohio Valley Banc Corp OVBC | 8.72 | 1.93% | 🇺🇸 USA |
 LCNB
LCNB | 8.54 | -0.24% | 🇺🇸 USA |
 First Financial Bank
FFBC | 7.36 | -13.96% | 🇺🇸 USA |
 Park National Corp PRK | 15.0 | 75.29% | 🇺🇸 USA |
 F.N.B. Corporation
FNB | 8.08 | -5.64% | 🇺🇸 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.