Huntington Bancshares
HBAN
#858
Rank
$21.97 B
Marketcap
$15.13
Share price
0.46%
Change (1 day)
24.32%
Change (1 year)
Huntington Bancshares Incorporated is a bank holding company. The company's banking subsidiary, The Huntington National Bank, operates 920 banking offices in the U.S.

P/E ratio for Huntington Bancshares (HBAN)

P/E ratio as of July 2024 (TTM): 9.81

According to Huntington Bancshares 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.81169. 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
20229.59-42.15%
202116.6-6.79%
202017.850.99%
201911.820.58%
20189.77-31.55%
201714.3-24.42%
201618.938.31%
201513.7-5.25%
201414.49.02%
201313.248.95%
20128.88-3.01%
20119.15-74.69%
201036.2-8104.27%
2009-0.4517-97.46%
2008-17.8-130.17%
200759.0382.26%
200612.2-7.73%
200513.3-6.68%
200414.21.74%
200314.0-7.38%
200215.1-52.6%
200131.8

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
9.76-0.54%๐Ÿ‡บ๐Ÿ‡ธ USA
22.1 125.20%๐Ÿ‡บ๐Ÿ‡ธ USA
9.81 0.02%๐Ÿ‡บ๐Ÿ‡ธ USA
11.6 18.55%๐Ÿ‡บ๐Ÿ‡ธ USA
11.6 18.43%๐Ÿ‡บ๐Ÿ‡ธ USA
8.41-14.33%๐Ÿ‡บ๐Ÿ‡ธ USA
8.86-9.75%๐Ÿ‡บ๐Ÿ‡ธ USA
9.72-0.92%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.