Fortis Inc $ 41.2 0.34 (0.83%)
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Current and historical daily P/E ratio for FTS (Fortis Inc) from 2016 to Oct 01 2020. The price to earnings ratio is calculated by taking the current stock price and dividing it by the most recent trailing twelve-month earnings per share (EPS) number. The data is updated every 20 minutes during market hours. The P/E ratio can be viewed as the number of years it takes for the company to earn back the price you pay for the stock. Therefore, lower-P/E stocks are more attractive than higher P/E stocks so long as the P/E ratio is positive. Also for stocks with the same P/E ratio, the one with faster growth business is more attractive. Fortis stock (FTS) PE ratio as of Oct 01 2020 is 20.72. More Details
Fortis PE Ratio (TTM) Historical Data
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Fortis PE Ratio (TTM) Comparison
|Company||Market Cap(Mil)||PE Ratio (TTM)|
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Address 5 Springdale Street, Suite 1100, Fortis Place, St. Johnâ€™s, NL, CAN, A1E OE4
Fortis owns and operates utility transmission and distribution assets in Canada and the United States, serving more than 2.5 million electricity and gas customers. The company has smaller stakes in electricity generation and several Caribbean utilities. ITC operates electric transmission in eight U.S. states, with more than 16,000 miles of high-voltage transmission lines in operation.