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Fulton Financial (Fulton Financial) Shiller PE Ratio : 10.93 (As of Apr. 25, 2024)


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What is Fulton Financial Shiller PE Ratio?

As of today (2024-04-25), Fulton Financial's current share price is $15.52. Fulton Financial's E10 for the quarter that ended in Dec. 2023 was $1.42. Fulton Financial's Shiller PE Ratio for today is 10.93.

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

FULT' s Shiller PE Ratio Range Over the Past 10 Years
Min: 7.27   Med: 15.93   Max: 27.04
Current: 10.93

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.

FULT's Shiller PE Ratio is ranked worse than
54.37% of 1122 companies
in the Banks industry
Industry Median: 10.305 vs FULT: 10.93

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 Dec. 2023 was $0.370. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $1.42 for the trailing ten years ended in Dec. 2023.

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 -

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
=15.52/1.42
=10.93

* 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 Dec. 2023 is calculated as:

For example, Fulton Financial's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.37/129.4194*129.4194
=0.370

Current CPI (Dec. 2023) = 129.4194.

Fulton Financial Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.220 99.695 0.286
201406 0.210 100.560 0.270
201409 0.210 100.428 0.271
201412 0.210 99.070 0.274
201503 0.220 99.621 0.286
201506 0.210 100.684 0.270
201509 0.200 100.392 0.258
201512 0.220 99.792 0.285
201603 0.220 100.470 0.283
201606 0.230 101.688 0.293
201609 0.240 101.861 0.305
201612 0.240 101.863 0.305
201703 0.250 102.862 0.315
201706 0.260 103.349 0.326
201709 0.280 104.136 0.348
201712 0.190 104.011 0.236
201803 0.280 105.290 0.344
201806 0.200 106.317 0.243
201809 0.370 106.507 0.450
201812 0.330 105.998 0.403
201903 0.330 107.251 0.398
201906 0.350 108.070 0.419
201909 0.370 108.329 0.442
201912 0.330 108.420 0.394
202003 0.160 108.902 0.190
202006 0.240 108.767 0.286
202009 0.380 109.815 0.448
202012 0.300 109.897 0.353
202103 0.430 111.754 0.498
202106 0.380 114.631 0.429
202109 0.450 115.734 0.503
202112 0.370 117.630 0.407
202203 0.380 121.301 0.405
202206 0.420 125.017 0.435
202209 0.400 125.227 0.413
202212 0.470 125.222 0.486
202303 0.390 127.348 0.396
202306 0.460 128.729 0.462
202309 0.420 129.860 0.419
202312 0.370 129.419 0.370

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  (NAS:FULT) 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 (Fulton Financial) 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.
Executives
E Philip Wenger officer: Sr. Executive Vice President C/O FULTON FINANCIAL CORPORATION, ONE PENN SQUARE, LANCASTER PA 17602
Karthik Sridharan officer: Sr Executive Vice President 110 WEST FRONT STREET, RED BANK NJ 07701
Curtis J Myers officer: Sr. Executive Vice President C/O FULTON FINANCIAL CORPORATION, ONE PENN SQUARE, LANCASTER PA 17602
Mark R Mccollom officer: Sr. Executive Vice President 1130 BERKSHIRE BOULEVARD, WYOMISSING PA 19610
David M Campbell officer: Sr Executive Vice President C/O FULTON FINANCIAL CORPORATION, ONE PENN SQUARE, LANCASTER PA 17602
Meg R Mueller officer: SEVP & Chief Credit Officer C/O FULTON FINANCIAL CORPORATION, ONE PENN SQUARE, LANCASTER PA 17602
Andrew B Fiol officer: Sr Executive Vice President C/O FULTON FINANCIAL CORPORATION, ONE PENN SQUARE, LANCASTER PA 17602
George K Martin director C/O FULTON FINANCIAL CORPORATION, ONE PENN SQUARE, LANCASTER PA 17602
Moxley James R Iii director 10480 LITTLE PATUXENT PARKWAY, COLUMBIA MD 21044
Angela M Sargent officer: SEVP & Chief Info Office C/O FULTON FINANCIAL CORPORATION, ONE PENN SQUARE, LANCASTER PA 17602
Steven S Etter director C/O FULTON FINANCIAL CORPORATION, ONE PENN SQUARE, LANCASTER PA 17602
Angela M Snyder officer: Sr Executive Vice President C/O FULTON FINANCIAL CORPORATION, ONE PENN SQUARE, LANCASTER PA 17602
Antoinette M Pergolin director C/O FULTON FINANCIAL CORPORATION, ONE PENN SQUARE, LANCASTER PA 17602
Natasha R. Luddington officer: Sr. Executive Vice President C/O FULTON FINANCIAL CORPORATION, ONE PENN SQUARE, LANCASTER PA 17602
Daniel R Stolzer officer: Sr Executive Vice President C/O CODORUS VALLEY BANCORP INC, 105 LEADER HEIGHTS ROAD, YORK PA 17403