FULT (Fulton Financial) Shiller PE Ratio: 13.68 (As of Aug. 26, 2026) — Near Median

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FULT Fulton Financial Corp FULT
66 GF Score
Price $23.66
GF Value $18.78
Valuation Modestly Overvalued
! 8 Warning Signs
View Full Analysis

What is Fulton Financial Shiller PE Ratio?

Fulton Financial FULT +0.30% 66 Shiller PE Ratio is 13.68 as of Aug. 26, 2026, which is 1% below its 10-year median of 13.81. GuruFocus rates FULT with a GF Score™ of 66/100 and a GF Value™ of $18.78 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 1,241 Banks companies, Fulton Financial ranks better than 50.44% on this metric.

As of today (2026-08-26), Fulton Financial's current share price is $23.66. Fulton Financial's E10 for the quarter that ended in Jun. 2026 was $1.73. Fulton Financial's Shiller PE Ratio for today is 13.68.

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: 13.81   Max: 27.04
Current: 13.68

During the past years, Fulton Financial's highest Shiller PE Ratio was 27.04. The lowest was 7.27. And the median was 13.81.

FULT's Shiller PE Ratio is ranked better than
50.44% of 1241 companies
in the Banks industry
Industry Median: 13.73 vs FULT: 13.68

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 Jun. 2026 was $0.520. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $1.73 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


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


Fulton Financial Shiller PE Ratio Historical Data

* Premium members only.

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.

Fulton Financial Shiller PE Ratio Chart

Fulton Financial Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.40 12.73 11.59 12.80 11.79

Fulton Financial Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 11.40 11.50 11.79 12.03 13.98

FULT vs IBOC, SFBS, FFIN: Shiller PE Ratio Comparison

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 Shiller PE Ratio vs 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.


FULT
66GF Score
Fulton Financial Corp FULT
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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
=23.66/1.73
=13.68

* 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 Jun. 2026 is calculated as:

For example, Fulton Financial's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.52/333.9520*333.9520
=0.520

Current CPI (Jun. 2026) = 333.9520.

Fulton Financial Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201609 0.240 241.428 0.332
201612 0.240 241.432 0.332
201703 0.250 243.801 0.342
201706 0.260 244.955 0.354
201709 0.280 246.819 0.379
201712 0.190 246.524 0.257
201803 0.280 249.554 0.375
201806 0.200 251.989 0.265
201809 0.370 252.439 0.489
201812 0.330 251.233 0.439
201903 0.330 254.202 0.434
201906 0.350 256.143 0.456
201909 0.370 256.759 0.481
201912 0.330 256.974 0.429
202003 0.160 258.115 0.207
202006 0.240 257.797 0.311
202009 0.380 260.280 0.488
202012 0.300 260.474 0.385
202103 0.430 264.877 0.542
202106 0.380 271.696 0.467
202109 0.450 274.310 0.548
202112 0.370 278.802 0.443
202203 0.380 287.504 0.441
202206 0.420 296.311 0.473
202209 0.400 296.808 0.450
202212 0.470 296.797 0.529
202303 0.390 301.836 0.431
202306 0.460 305.109 0.503
202309 0.420 307.789 0.456
202312 0.370 306.746 0.403
202403 0.360 312.332 0.385
202406 0.520 314.175 0.553
202409 0.330 315.301 0.350
202412 0.360 315.605 0.381
202503 0.490 319.799 0.512
202506 0.530 322.561 0.549
202509 0.530 324.800 0.545
202512 0.530 324.054 0.546
202603 0.510 330.213 0.516
202606 0.520 333.952 0.520

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.

Frequently Asked Questions Learn more about Shiller PE Ratio →
What does a Shiller PE Ratio of 13.68 mean?
Fulton Financial (FULT) has a Shiller PE Ratio of 13.68 as of Aug. 26, 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 Fulton Financial and its competitors. This is near median its historical median of 13.81. Over the past decade, Fulton Financial's Shiller PE Ratio has ranged from 7.27 to 27.04. According to the industry distribution chart, Fulton Financial ranks #615 out of 1241 companies in the Banks industry, placing it in the top 49.6%.
Is Fulton Financial's Shiller PE Ratio too high?
Fulton Financial's current Shiller PE Ratio of 13.68 is near median its 10-year median of 13.81. Over the past 10 years, this metric has ranged from a low of 7.27 to a high of 27.04. The Banks industry median Shiller PE Ratio is 13.73. Fulton Financial's value of 13.68 is 0.4% below this industry median. Based on the distribution chart, Fulton Financial ranks #615 out of 1241 companies in the Banks industry, which is above the industry midpoint. Overall, Fulton Financial has a GF Score™ of 66/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fulton Financial's Shiller PE Ratio compare to IBOC and SFBS?
According to the Banks industry distribution chart, Fulton Financial ranks #615 out of 1241 companies for Shiller PE Ratio. This puts Fulton Financial in the upper half of its industry. The industry median Shiller PE Ratio is 13.73. Fulton Financial's value of 13.68 is 0.4% below this benchmark. Historically, Fulton Financial's own Shiller PE Ratio has ranged from 7.27 to 27.04 over the past decade. While the company's 10-year median is 13.81 vs. the industry median of 13.73, Fulton Financial 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 13.73, based on 1,241 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. Fulton Financial's current Shiller PE Ratio of 13.68 is 0.4% 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 Fulton Financial and its competitors. For the Banks industry, the median Shiller PE Ratio is 13.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fulton Financial's current Shiller PE Ratio is 13.68, which is near median its own 10-year median of 13.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fulton Financial stock overvalued right now?
Based on GuruFocus' analysis, Fulton Financial (FULT) is currently considered Modestly Overvalued. The stock's GF Value™ is $18.78, compared to a current price of $23.66 — trading 26% above its estimated fair value. The current Shiller PE Ratio is 13.68, which is near median its 10-year median of 13.81 and 0.4% below the Banks industry median of 13.73. Fulton Financial's overall GF Score™ is 66/100 with 8 warning signs to review. 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 Fulton Financial (FULT), the current Shiller PE Ratio is 13.68 as of Aug. 26, 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 Fulton Financial (FULT) Overvalued in 2026?

Based on GuruFocus' analysis, Fulton Financial stock appears to be overvalued. The current stock price of $23.66 is trading 26% above its estimated GF Value™ of $18.78. GuruFocus considers Fulton Financial to be Modestly Overvalued.

Key valuation signals for FULT:

  • Shiller PE Ratio: 13.68 (near median its 10-year median of 13.81)
  • GF Value™: $18.78 vs. price of $23.66 (26% above fair value)
  • GF Score™: 66/100 with 8 warning signs
  • Industry Position: 0.4% below the Banks median (#615 of 1241)

No single metric tells the full story. See the FULT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fulton Financial Business Description

Other Exchanges FULTP.PFD:USAFU5:Germany
Address One Penn Square, P.O Box 4887, Lancaster, PA, USA, 17604
Fulton Financial Corp 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. It offers consumer and commercial banking products and services, as well as wealth management products and services. The bank derives its revenue from non-interest income, led by its Wealth Management division.
66GF Score

Get the complete analysis for FULT

Shiller PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$23.66
Price
$18.78
GF Value