Huntington Bancshares
HBAN
#771
Rank
S$34.61 B
Marketcap
$23.82
Share price
1.32%
Change (1 day)
60.90%
Change (1 year)
Huntington Bancshares Incorporated is a bank holding company. The company's banking subsidiary, The Huntington National Bank, operates 920 banking offices in the U.S.

P/E ratio for Huntington Bancshares (HBAN)

P/E ratio as of November 2024 (TTM): 11.5

According to Huntington Bancshares 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.539. At the end of 2022 the company had a P/E ratio of 9.59.

P/E ratio history for Huntington Bancshares from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20229.59-42.15%
202116.6-6.79%
202017.850.99%
201911.820.58%
20189.77-31.55%
201714.3-24.42%
201618.938.31%
201513.7-5.25%
201414.49.02%
201313.248.95%
20128.88-3.01%
20119.15-74.69%
201036.2-8104.27%
2009-0.4517-97.46%
2008-17.8-130.17%
200759.0382.26%
200612.2-7.73%
200513.3-6.68%
200414.21.74%
200314.0-7.38%
200215.1-52.6%
200131.8

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
10.3-10.64%๐Ÿ‡บ๐Ÿ‡ธ USA
23.5 103.37%๐Ÿ‡บ๐Ÿ‡ธ USA
10.7-7.58%๐Ÿ‡บ๐Ÿ‡ธ USA
12.9 11.45%๐Ÿ‡บ๐Ÿ‡ธ USA
13.0 12.94%๐Ÿ‡บ๐Ÿ‡ธ USA
9.87-14.46%๐Ÿ‡บ๐Ÿ‡ธ USA
9.93-13.96%๐Ÿ‡บ๐Ÿ‡ธ USA
10.2-11.92%๐Ÿ‡บ๐Ÿ‡ธ USA

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.