GURUFOCUS.COM » STOCK LIST » USA » NYSE » Fidelity National Financial Inc (NYSE:FNF) » Definitions » PE Ratio
Switch to:

Fidelity National Financial PE Ratio

: 5.69 (As of Today)
View and export this data going back to 2005. Start your Free Trial

The PE Ratio, or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). As of today (2022-08-14), Fidelity National Financial's share price is $41.00. Fidelity National Financial's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2022 was $7.21. Therefore, Fidelity National Financial's PE Ratio for today is 5.69.


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

FNF' s PE Ratio Range Over the Past 10 Years
Min: 4.16   Med: 11.57   Max: 26.25
Current: 5.69


During the past 13 years, the highest PE Ratio of Fidelity National Financial was 26.25. The lowest was 4.16. And the median was 11.57.


FNF's PE Ratio is ranked better than
84% of 400 companies
in the Insurance industry
Industry Median: 11.92 vs FNF: 5.69

Fidelity National Financial's Earnings per Share (Diluted) for the three months ended in Jun. 2022 was $1.37. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2022 was $7.21.

As of today (2022-08-14), Fidelity National Financial's share price is $41.00. Fidelity National Financial's EPS without NRI for the trailing twelve months (TTM) ended in Jun. 2022 was $7.22. Therefore, Fidelity National Financial's PE Ratio without NRI for today is 5.68.

During the past 13 years, Fidelity National Financial's highest PE Ratio without NRI was 26.70. The lowest was 4.86. And the median was 11.58.

Fidelity National Financial's EPS without NRI for the three months ended in Jun. 2022 was $1.37. Its EPS without NRI for the trailing twelve months (TTM) ended in Jun. 2022 was $7.22.

During the past 12 months, Fidelity National Financial's average EPS without NRI Growth Rate was -10.80% per year. During the past 3 years, the average EPS without NRI Growth Rate was 55.00% per year. During the past 5 years, the average EPS without NRI Growth Rate was 31.30% per year. During the past 10 years, the average EPS without NRI Growth Rate was 15.10% per year.

During the past 13 years, Fidelity National Financial's highest 3-Year average EPS without NRI Growth Rate was 88.80% per year. The lowest was -48.30% per year. And the median was 19.90% per year.

Fidelity National Financial's EPS (Basic) for the three months ended in Jun. 2022 was $1.37. Its EPS (Basic) for the trailing twelve months (TTM) ended in Jun. 2022 was $7.26.


Fidelity National Financial PE Ratio Historical Data

The historical data trend for Fidelity National Financial's 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.

Fidelity National Financial Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
PE Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 16.49 13.91 11.84 7.83 6.18

Fidelity National Financial Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
PE Ratio 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 Premium Member Only Premium Member Only Premium Member Only 5.42 4.88 6.18 6.29 5.13

Competitive Comparison

For the Insurance - Specialty subindustry, Fidelity National Financial's PE Ratio, along with its competitors' market caps and 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.

   

Fidelity National Financial PE Ratio Distribution

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

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



Fidelity National Financial PE Ratio Calculation

The PE Ratio, or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). It is the most widely used ratio in the valuation of stocks.

Fidelity National Financial's PE Ratio for today is calculated as

PE Ratio=Share Price/Earnings per Share (Diluted) (TTM)
=41.00/7.210
=5.69

Fidelity National Financial's Share Price of today is $41.00.
Fidelity National Financial's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $7.21.

* 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.

It can also be calculated from the numbers for the whole company:


There are at least three kinds of PE Ratios used by different investors. They are Trailing Twelve Month PE Ratio or PE Ratio (TTM), Forward PE Ratio, or PE Ratio without NRI. A new PE Ratio based on inflation-adjusted normalized PE Ratio is called Shiller PE Ratio, after Yale professor Robert Shiller.

In the calculation of PE Ratio, the earnings per share used are the earnings per share over the past 12 months. For Forward PE Ratio, the earnings are the expected earnings for the next twelve months. In the case of PE Ratio without NRI, the reported earnings less the non-recurring items are used.

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. Since it looks at the average over the last 10 years, Shiller PE Ratio is also called PE10.


Fidelity National Financial  (NYSE:FNF) PE Ratio Explanation

The PE Ratio can be viewed as the number of years it takes for the company to earn back the price you pay for the stock. For example, if a company earns $2 a share per year, and the stock is traded at $30, the PE Ratio is 15. Therefore it takes 15 years for the company to earn back the $30 you paid for its stock, assuming the earnings stays constant over the next 15 years.

In real business, earnings never stay constant. If a company can grow its earnings, it takes fewer years for the company to earn back the price you pay for the stock. If a company's earnings decline it takes more years. As a shareholder, you want the company to earn back the price you pay as soon as possible. Therefore, lower P/E stocks are more attractive than higher P/E stocks so long as the PE Ratio is positive. Also for stocks with the same PE Ratio, the one with faster growth business is more attractive.

If a company loses money, the PE Ratio becomes meaningless.

To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the PE Ratio divided by the growth ratio. He thinks a company with a PE Ratio equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a PE Ratio of 20, instead of a company growing 10% a year with a PE Ratio of 10.

Because the PE Ratio measures how long it takes to earn back the price you pay, the PE Ratio can be applied to the stocks across different industries. That is why it is the one of the most important and widely used indicators for the valuation of stocks.

Similar to the PE Ratio without NRI or PS Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PE Ratio measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

Investors need to be aware that the PE Ratio can be misleading a lot of times, especially when the underlying business is cyclical and unpredictable. As Peter Lynch pointed out, cyclical businesses have higher profit margins at the peaks of the business cycles. Their earnings are high and PE Ratios are artificially low. It is usually a bad idea to buy a cyclical business when the PE Ratio is low. A better ratio to identify the time to buy a cyclical businesses is the PS Ratio .

PE Ratio can also be affected by non-recurring-items 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.


Fidelity National Financial PE Ratio Related Terms

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


Fidelity National Financial Business Description

Fidelity National Financial logo
Traded in Other Exchanges
Address
601 Riverside Avenue, Jacksonville, FL, USA, 32204
Fidelity National Financial Inc provides title insurance, escrow, and other title-related services. It operates in three segments: Title, F&G, Corporate and Other. The title segment that derives majority revenue consists of the operations of title insurance underwriters and related businesses, which provide title insurance and escrow and other title-related services including trust activities, trustee sales guarantees, and home warranty products. Substantially all of the company's revenue is generated in the United States.
Executives
Dhanidina Halim director 601 RIVERSIDE AVENUE JACKSONVILLE FL 32204
Morgan Sandra Douglass director 601 RIVERSIDE AVENUE JACKSONVILLE FL 32204
Jewkes Roger S officer: Chief Operating Officer 601 RIVERSIDE AVENUE JACKSONVILLE FL 32204
Shea Peter O Jr director 601 RIVERSIDE AVENUE JACKSONVILLE FL 32204
Massey Richard N director 900 S. SHACKLEFORD ROAD SUITE 401 LITTLE ROCK AR 72211
Foley William P Ii director FIDELITY NATIONAL FINANCIAL, INC. 601 RIVERSIDE AVENUE JACKSONVILLE FL 32204
Gravelle Michael L officer: Executive Vice President 601 RIVERSIDE AVENUE JACKSONVILLE FL 32204
Quirk Raymond R director, officer: Chief Executive Officer 601 RIVERSIDE AVENUE JACKSONVILLE FL 32204
Sadowski Peter T officer: EVP, Chief Legal Officer FIDELITY NATIONAL FINANCIAL, INC. 601 RIVERSIDE AVENUE JACKSONVILLE FL 32204
Lane Daniel D director 14 CORPORATE PLZ SUITE 150 NEWPORT BEACH CA 92660
Murren Heather Hay director 28903 NORTH AVENUE PAINE VALENCIA CA 91355
Kerr Janet director 50 CASTILIAN DR GOLETA CA 93117
Sandler Ricky C 10 percent owner 65 EAST 55TH STREET 25TH FLOOR NEW YORK NY 10022
Eminence Gp, Llc 10 percent owner C/O EMINENCE CAPITAL, LP 65 EAST 55TH STREET, 25TH FLOOR NEW YORK NY 10022
Eminence Capital, Lp 10 percent owner 399 PARK AVENUE, 25TH FLOOR NEW YORK NY 10022

Fidelity National Financial Headlines

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)