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Fulton Financial (FRA:FU5) Shiller PE Ratio : 12.29 (As of May. 11, 2024)


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What is Fulton Financial Shiller PE Ratio?

As of today (2024-05-11), Fulton Financial's current share price is €16.10. Fulton Financial's E10 for the quarter that ended in Mar. 2024 was €1.31. Fulton Financial's Shiller PE Ratio for today is 12.29.

The historical rank and industry rank for Fulton Financial's Shiller PE Ratio or its related term are showing as below:

FRA:FU5' s Shiller PE Ratio Range Over the Past 10 Years
Min: 7.27   Med: 15.93   Max: 27.04
Current: 12.23

During the past years, Fulton Financial's highest Shiller PE Ratio was 27.04. The lowest was 7.27. And the median was 15.93.

FRA:FU5's Shiller PE Ratio is ranked worse than
64.93% of 1135 companies
in the Banks industry
Industry Median: 10.37 vs FRA:FU5: 12.23

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Fulton Financial's adjusted earnings per share data for the three months ended in Mar. 2024 was €0.331. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €1.31 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fulton Financial Shiller PE Ratio Historical Data

The historical data trend for Fulton Financial's Shiller PE Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Fulton Financial Shiller PE Ratio Chart

Fulton Financial Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.79 12.33 14.40 12.73 11.59

Fulton Financial Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Shiller PE Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.18 8.57 8.54 11.59 11.13

Competitive Comparison of Fulton Financial's Shiller PE Ratio

For the Banks - Regional subindustry, Fulton Financial's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Fulton Financial's Shiller PE Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Fulton Financial's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Fulton Financial's Shiller PE Ratio falls into.



Fulton Financial Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Fulton Financial's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=16.10/1.31
=12.29

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Fulton Financial's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Fulton Financial's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.331/129.4194*129.4194
=0.331

Current CPI (Mar. 2024) = 129.4194.

Fulton Financial Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.155 100.560 0.199
201409 0.163 100.428 0.210
201412 0.170 99.070 0.222
201503 0.203 99.621 0.264
201506 0.187 100.684 0.240
201509 0.178 100.392 0.229
201512 0.202 99.792 0.262
201603 0.198 100.470 0.255
201606 0.205 101.688 0.261
201609 0.214 101.861 0.272
201612 0.228 101.863 0.290
201703 0.234 102.862 0.294
201706 0.231 103.349 0.289
201709 0.235 104.136 0.292
201712 0.161 104.011 0.200
201803 0.227 105.290 0.279
201806 0.171 106.317 0.208
201809 0.317 106.507 0.385
201812 0.290 105.998 0.354
201903 0.292 107.251 0.352
201906 0.310 108.070 0.371
201909 0.336 108.329 0.401
201912 0.297 108.420 0.355
202003 0.145 108.902 0.172
202006 0.213 108.767 0.253
202009 0.323 109.815 0.381
202012 0.247 109.897 0.291
202103 0.361 111.754 0.418
202106 0.315 114.631 0.356
202109 0.383 115.734 0.428
202112 0.327 117.630 0.360
202203 0.345 121.301 0.368
202206 0.397 125.017 0.411
202209 0.404 125.227 0.418
202212 0.444 125.222 0.459
202303 0.364 127.348 0.370
202306 0.425 128.729 0.427
202309 0.394 129.860 0.393
202312 0.339 129.419 0.339
202403 0.331 129.419 0.331

Add all the adjusted EPS together and divide 10 will get our E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Fulton Financial  (FRA:FU5) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Fulton Financial Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of Fulton Financial's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Fulton Financial (FRA:FU5) Business Description

Traded in Other Exchanges
Address
One Penn Square, P.O Box 4887, Lancaster, PA, USA, 17602
Fulton Financial is a U.S.-based financial services holding company that operates in five states: Pennsylvania, Delaware, Maryland, New Jersey, and Virginia. It offers a range of consumer and commercial banking products and services, such as checking and savings deposit products and loan products. Its services cover five distinct divisions: consumer banking, commercial banking, mortgage banking, wealth management, and other. The bank derives its revenue from non-interest income, led by its Wealth Management division.

Fulton Financial (FRA:FU5) Headlines

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