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First HawaiianFHB +0.33%83 Shiller PE Ratio is 11.55 as of Sep. 12, 2026, which is 3% below its 10-year median of 11.95. GuruFocus rates FHB with a GF Score™ of 83/100 and a GF Value™ of $28.30 (Fairly Valued). Among 1,234 Banks companies, First Hawaiian ranks better than 66.37% on this metric.
As of today (2026-09-12), First Hawaiian's current share price is $25.75. First Hawaiian's E10 for the quarter that ended in Jun. 2026 was $2.23. First Hawaiian's Shiller PE Ratio for today is 11.55.
The historical rank and industry rank for First Hawaiian's Shiller PE Ratio or its related term are showing as below:
FHB'
s Shiller PE Ratio Range Over the Past 10 Years
Min: 10.1 Med: 11.95 Max: 13.51
Current: 11.56
During the past years, First Hawaiian's highest Shiller PE Ratio was 13.51. The lowest was 10.10. And the median was 11.95.
FHB's Shiller PE Ratio is ranked better than 66.37% of 1234
companies
in the Banks industry
Industry Median: 13.935
vs FHB: 11.56
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.
First Hawaiian's adjusted earnings per share data for the three months ended in Jun. 2026 was $0.600. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $2.23 for the trailing ten years ended in Jun. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
First Hawaiian (NAS:FHB) 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.
First Hawaiian Shiller PE Ratio Related Terms
First Hawaiian Shiller PE Ratio Historical Data
* Premium members only.
The historical data trend for First Hawaiian'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.
FHB vs PFS, BOH, SFNC: Shiller PE Ratio Comparison
For the Banks - Regional subindustry, First Hawaiian'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.
First Hawaiian Shiller PE Ratio vs Banks Industry
For the Banks industry and Financial Services sector, First Hawaiian's Shiller PE Ratio distribution charts can be found below:
* The bar in red indicates where First Hawaiian's Shiller PE Ratio falls into.
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.
First Hawaiian's Shiller PE Ratio for today is calculated as
* 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.
First Hawaiian's E10 for the quarter that ended in Jun. 2026 is calculated as:
For example, First Hawaiian's adjusted earnings per share data for the three months ended in Jun. 2026 was:
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.
First Hawaiian (FHB) has a Shiller PE Ratio of 11.55 as of Sep. 12, 2026. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on First Hawaiian and its competitors. This is near median its historical median of 11.95. Over the past decade, First Hawaiian's Shiller PE Ratio has ranged from 10.10 to 13.51. According to the industry distribution chart, First Hawaiian ranks #415 out of 1234 companies in the Banks industry, placing it in the top 33.6%.
Is First Hawaiian's Shiller PE Ratio too high?
First Hawaiian's current Shiller PE Ratio of 11.55 is near median its 10-year median of 11.95. Over the past 10 years, this metric has ranged from a low of 10.10 to a high of 13.51. The Banks industry median Shiller PE Ratio is 13.94. First Hawaiian's value of 11.55 is 17.1% below this industry median. Based on the distribution chart, First Hawaiian ranks #415 out of 1234 companies in the Banks industry, which is above the industry midpoint. Overall, First Hawaiian has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does First Hawaiian's Shiller PE Ratio compare to PFS and BOH?
According to the Banks industry distribution chart, First Hawaiian ranks #415 out of 1234 companies for Shiller PE Ratio. This puts First Hawaiian in the upper half of its industry. The industry median Shiller PE Ratio is 13.94. First Hawaiian's value of 11.55 is 17.1% below this benchmark. Historically, First Hawaiian's own Shiller PE Ratio has ranged from 10.10 to 13.51 over the past decade. While the company's 10-year median is 11.95 vs. the industry median of 13.94, First Hawaiian has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shiller PE Ratio for a Banks company?
The median Shiller PE Ratio among Banks companies is 13.94, based on 1,234 companies in the industry. Companies in the top quartile (top 25%) have a Shiller PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Shiller PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. First Hawaiian's current Shiller PE Ratio of 11.55 is 17.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shiller PE Ratio mean?
A high Shiller PE Ratio can signal that a stock is expensive relative to its fundamentals. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on First Hawaiian and its competitors. For the Banks industry, the median Shiller PE Ratio is 13.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First Hawaiian's current Shiller PE Ratio is 11.55, which is near median its own 10-year median of 11.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Hawaiian stock overvalued right now?
Based on GuruFocus' analysis, First Hawaiian (FHB) is currently considered Fairly Valued. The stock's GF Value™ is $28.30, compared to a current price of $25.75 — trading 9% below its estimated fair value. The current Shiller PE Ratio is 11.55, which is near median its 10-year median of 11.95 and 17.1% below the Banks industry median of 13.94. First Hawaiian's overall GF Score™ is 83/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shiller PE Ratio calculated?
Shiller PE Ratio is calculated from a company's financial statements. For First Hawaiian (FHB), the current Shiller PE Ratio is 11.55 as of Sep. 12, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is First Hawaiian (FHB) Overvalued in 2026?
Based on GuruFocus' analysis, First Hawaiian stock appears to be undervalued.
The current stock price of $25.75 is trading 9% below its estimated GF Value™ of $28.30.
GuruFocus considers First Hawaiian to be Fairly Valued.
Key valuation signals for FHB:
Shiller PE Ratio: 11.55 (near median its 10-year median of 11.95)
GF Value™: $28.30 vs. price of $25.75 (9% below fair value)
Industry Position: 17.1% below the Banks median (#415 of 1234)
No single metric tells the full story. See the FHB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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. The company's segments are Retail Banking, Commercial Banking, and Treasury, and others of which key revenue is derived from Retail Banking.
83GF Score
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