First National Financial (TSX:FN) Forward PE Ratio : 9.77 (As of May. 01, 2024)

View and export this data going back to 2006. Start your Free Trial

What is First National Financial Forward PE Ratio?

First National Financial's Forward PE Ratio for today is 9.77.

First National Financial's PE Ratio without NRI for today is 9.19.

First National Financial's PE Ratio for today is 9.19.

First National Financial Forward PE Ratio Historical Data

The historical data trend for First National Financial's Forward 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.

First National Financial Forward PE Ratio Chart

First National Financial Annual Data

Trend

2015-12

2016-12

2017-12

2018-12

2019-12

2020-12

2021-12

2022-12

2023-12

2024-04

Forward PE Ratio

9.04

9.19

9.93

9.76

12.48

11.27

11.55

12.74

9.22

9.76

First National Financial Quarterly Data
	2015-12	2016-03	2016-06	2016-09	2016-12	2017-03	2017-06	2017-09	2017-12	2018-03	2018-06	2018-09	2018-12	2019-03	2019-06	2019-09	2019-12	2020-03	2020-06	2020-09	2020-12	2021-03	2021-06	2021-09	2021-12	2022-03	2022-06	2022-09	2022-12	2023-03	2023-06	2023-09	2023-12	2024-03
Forward PE Ratio	9.04	9.03	11.03	10.58	9.19	8.96	9.44	9.12	9.93	8.77	10.28	9.79	9.76	10.54	11.29	12.41	12.48	8.47	9.62	10.12	11.27	12.29	12.09	10.62	11.55	11.90	11.31	11.15	12.74	13.12	12.52	9.39	9.22	9.62

Competitive Comparison of First National Financial's Forward PE Ratio

For the Mortgage Finance subindustry, First National Financial's Forward PE Ratio, along with its competitors' market caps and Forward 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.

First National Financial's Forward PE Ratio Distribution in the Banks Industry

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

* The bar in red indicates where First National Financial's Forward PE Ratio falls into.

First National Financial Forward PE Ratio Calculation

It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.

First National Financial (TSX:FN) Forward PE Ratio Explanation

The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.

Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio .

First National Financial Forward PE Ratio Related Terms

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

First National Financial (TSX:FN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » First National Financial Corp (TSX:FN) » Definitions » Forward PE Ratio

Comparable Companies

Traded in Other Exchanges

FNLIF:USA 63Z:Germany FN.PR.B.PFD:Canada FN.PR.A.PFD:Canada

Address

16 York Street, Suite 1900, Toronto, ON, CAN, M5J 0E6

Website

https://www.firstnational.ca

First National Financial Corp is the parent company of First National Financial LP, a Canadian originator, underwriter, and servicer of predominantly prime residential and commercial mortgages. The company controls its First National Mortgage Investment Fund, which manages economic exposure to a diversified portfolio of primarily commercial mezzanine mortgages. Most mortgages originated by First National are funded either by placement with institutional investors or through securitization conduits, in each case with retained servicing. In general, originations are allocated from one funding source to another depending on market conditions and strategic considerations related to maintaining diversified funding sources.