FORFF
Price:
$15.73
Market Cap:
$41.25B
Fortis, Inc. is a holding company, which engages in the electric and gas utility industry. It operates through the Regulated Utilities and Non-Regulated segments. The Regulated Utilities segment includes ITC Holdings, UNS Energy Corporation, Central Hudson, FortisBC Energy, Fortis Alberta, FortisBC Electric, and Other Electric. The Non-Regulated segment focuses on energy infrastructure and corporate and other. The company was founded in 1885 and is headquartered in St. John's, Canada.
Industry
Regulated Electric
IPO Date
2019-08-15
Stock Exchange
OTC
Ticker
FORFF
According to Fortis Inc.’s latest financial reports and current stock price. The company's current PE Ratio is 5.83. This represents a change of -72.33% compared to the average of 21.07 of the last 4 quarters.
The mean historical PE Ratio of Fortis Inc. over the last ten years is 19.25. The current 5.83 PE Ratio has changed 2.93% with respect to the historical average. Over the past ten years (40 quarters), FORFF's PE Ratio was at its highest in in the December 2017 quarter at 32.02. The PE Ratio was at its lowest in in the June 2019 quarter at 7.83.
Average
19.25
Median
19.68
Minimum
14.22
Maximum
23.38
Discovering the peaks and valleys of Fortis Inc. PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 53.05%
Maximum Annual PE Ratio = 23.38
Minimum Annual Increase = -16.73%
Minimum Annual PE Ratio = 14.22
| Year | PE Ratio | Change |
|---|---|---|
| 2025 | 20.99 | 13.85% |
| 2024 | 18.44 | 4.46% |
| 2023 | 17.65 | -9.45% |
| 2022 | 19.49 | -16.65% |
| 2021 | 23.38 | 16.92% |
| 2020 | 20.00 | 40.68% |
| 2019 | 14.22 | -14.10% |
| 2018 | 16.55 | -16.73% |
| 2017 | 19.88 | -9.40% |
| 2016 | 21.94 | 53.05% |
The current PE Ratio of Fortis Inc. (FORFF) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
19.02
5-year avg
19.99
10-year avg
19.25
Fortis Inc.’s PE Ratio is less than Huadian Power International Corporation Limited (9.71), less than Equatorial S.A. (30.50), less than Union Electric Company (11.28), less than Huadian Power International Corporation Limited (9.71), less than Ameren Corporation (19.60), less than Interconexión Eléctrica S.A. E.S.P. (13.88), less than HK Electric Investments and HK Electric Investments Limited (18.46), less than Fortis Inc. CUM RD 5Y SR G (7.21),
| Company | PE Ratio | Market cap |
|---|---|---|
| 9.71 | $9.28B | |
| 30.50 | $9.46B | |
| 11.28 | $7.91B | |
| 9.71 | $5.44B | |
| 19.60 | $30.43B | |
| 13.88 | $9.96B | |
| 18.46 | $6.89B | |
| 7.21 | $8.93B |
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