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First Hawaiian (First Hawaiian) PS Ratio : 3.53 (As of May. 06, 2024)


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What is First Hawaiian PS Ratio?

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. As of today, First Hawaiian's share price is $21.9259. First Hawaiian's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $6.21. Hence, First Hawaiian's PS Ratio for today is 3.53.

Warning Sign:

First Hawaiian Inc stock PS Ratio (=3.46) is close to 1-year high of 3.59

The historical rank and industry rank for First Hawaiian's PS Ratio or its related term are showing as below:

FHB' s PS Ratio Range Over the Past 10 Years
Min: 2.49   Med: 5.03   Max: 7.21
Current: 3.54

During the past 10 years, First Hawaiian's highest PS Ratio was 7.21. The lowest was 2.49. And the median was 5.03.

FHB's PS Ratio is ranked worse than
75.29% of 1453 companies
in the Banks industry
Industry Median: 2.4 vs FHB: 3.54

First Hawaiian's Revenue per Sharefor the three months ended in Dec. 2023 was $1.58. Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $6.21.

During the past 12 months, the average Revenue per Share Growth Rate of First Hawaiian was 5.70% per year. During the past 3 years, the average Revenue per Share Growth Rate was 4.90% per year. During the past 5 years, the average Revenue per Share Growth Rate was 3.20% per year.

During the past 10 years, First Hawaiian's highest 3-Year average Revenue per Share Growth Rate was 4.90% per year. The lowest was 0.50% per year. And the median was 3.50% per year.

Back to Basics: PS Ratio


First Hawaiian PS Ratio Historical Data

The historical data trend for First Hawaiian's PS 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 Hawaiian PS Ratio Chart

First Hawaiian Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.23 4.32 5.13 4.37 3.63

First Hawaiian Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
PS 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 3.29 2.81 2.84 3.63 -

Competitive Comparison of First Hawaiian's PS Ratio

For the Banks - Regional subindustry, First Hawaiian's PS Ratio, along with its competitors' market caps and PS 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 Hawaiian's PS Ratio Distribution in the Banks Industry

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

* The bar in red indicates where First Hawaiian's PS Ratio falls into.



First Hawaiian PS Ratio Calculation

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. It is a ratio widely used to value stocks and it was first used by Ken Fisher.

First Hawaiian's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=21.9259/6.206
=3.53

First Hawaiian's Share Price of today is $21.9259.
First Hawaiian's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $6.21.

* 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:

PS Ratio=Market Cap/Revenue

The Revenue here is for the trailing 12 months.


First Hawaiian  (NAS:FHB) PS Ratio Explanation

The PS Ratio is an excellent valuation indicator if you want to compare a stock with its historical valuation or with the stocks in the same industry. The PS Ratio works especially well when you want to compare the stock's current valuation with its historical valuation. The PS Ratio is a great valuation tool for evaluating cyclical businesses where the PE Ratio works poorly. It works the best when comparing the current valuation with the historical valuation because over time, a company's profit margin tends to revert to the mean.

When the PS Ratio is applied to the whole stock market, it can be used to evaluate the current market valuation and projected returns. In this case, the price is the total market cap of all stocks that are traded, and sales are the GDP of the country. This is how Warren Buffett estimates the broad market valuation and project future returns.

Similar to the PE Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PS 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

The PS Ratio does not tell you how cheap or expensive the stock is. It cannot be used to compare companies in different industries. It works better for companies within the same industry because these companies tend to have similar capital structures and profit margins. It works the best when comparing a company with itself in the past.


First Hawaiian PS Ratio Related Terms

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


First Hawaiian (First Hawaiian) Business Description

Traded in Other Exchanges
N/A
Address
999 Bishop Street, 29th Floor, Honolulu, HI, USA, 96813
First Hawaiian Inc is a bank holding company. It provides a diversified range of banking services to consumer and commercial customers, including deposit products, lending services, and wealth management and trust services. The company offers a variety of deposit products to its customers, including checking and savings accounts and other types of deposit accounts. It provides commercial and industrial lending, including auto dealer flooring, commercial real estate and construction lending. It also offers comprehensive consumer lending services focused on residential real estate lending, indirect auto financing and other consumer loans. Its segments are Retail Banking, Commercial Banking and Treasury and Other of which key revenue is derived from Retail Banking.
Executives
Christopher L Dods officer: Vice Ch & Chief Operating Ofcr 352 WAILUPE CIRCLE, HONOLULU HI 96821
Darlene N. Blakeney officer: EVP & CHIEF LENDING OFFICER 44-656 B KANEOHE BAY DRIVE, KANEOHE HI 96744
Lea M. Nakamura officer: EVP & CHIEF RISK OFFICER 99-667 POHUE STREET, AIEA HI 96701
Robert S Harrison director, officer: Chairman of the Board and CEO 999 BISHOP STREET, HONOLULU HI 96813
James M Moses officer: VICE CH & CHIEF FINANCIAL OFCR 999 BISHOP STREET, HONOLULU HI 96813
Mark M Mugiishi director 1177 QUEEN STREET PH2, HONOLULU HI 96814
Michael K Fujimoto director 16-166 MELEKAHIWA STREET, KEAAU HI 96749-8016
Ravi Mallela officer: Exec VP, CFO & Treasurer C/O NMI HOLDINGS, INC. (NATIONAL MI), 2100 POWELL ST., 12TH FLOOR, EMERYVILLE CA 94608
Jim Moffatt director 1423 GARFIELD AVE., SOUTH PASADENA CA 91030
Kelly Ann Thompson director 921 LINCOLN PL, PACIFICA CA 94044
Neill Char officer: Executive VP 266 PUIWA ROAD, HONOLULU HI 96817
Vanessa L Washington director CATELLUS DEVELOPEMENT CORP, 201 MISSION STREET 2ND FL, SAN FRANCISCO CA 94105-1832
Mitchell Nishimoto officer: Exec VP & Manager 2121 KEEAUMOKU STREET, HONOLULU HI 96822
Paribas Bnp director, 10 percent owner 3 RUE D'ANTIN, PARIS I0 75002
Craig Scott Wo director 702 SOUTH BERETANIA STREET, HONOLULU HI 96813

First Hawaiian (First Hawaiian) Headlines