FORFF
Price:
$15.73
Market Cap:
$40.53B
Fortis Inc., headquartered in St. John's, Canada, was established in 1885 and operates as a key electricity and natural gas utility across Canada, the United States, and the Caribbean. In the U.S., Fortis is responsible for generating, transmitting, and distributing electricity to approximately 438,000 retail clients in southeastern Arizona, alongside an additional 100,000 retail customers situated in Arizona's Mohave and Santa Cruz counties. Its generation portfolio in this region boasts a combined capacity of 3,485 megawatts (MW), which includes 53 MW from solar sources and 252 MW from wind. The company also engages in wholesale electricity sales to various entities throughout the western ...[Read more]
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 8.00. This represents a change of -60.04% compared to the average of 20.02 of the last 4 quarters.
The mean historical PE Ratio of Fortis Inc. over the last ten years is 18.26. The current 8.00 PE Ratio has changed 4.28% 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 32.43. The PE Ratio was at its lowest in in the June 2019 quarter at 7.64.
Average
18.26
Median
18.62
Minimum
13.67
Maximum
22.21
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 = 49.88%
Maximum Annual PE Ratio = 22.21
Minimum Annual Increase = -17.55%
Minimum Annual PE Ratio = 13.67
| Year | PE Ratio | Change |
|---|---|---|
| 2025 | 19.97 | 13.48% |
| 2024 | 17.60 | 4.05% |
| 2023 | 16.91 | -9.07% |
| 2022 | 18.60 | -16.24% |
| 2021 | 22.21 | 17.07% |
| 2020 | 18.97 | 38.81% |
| 2019 | 13.67 | -17.55% |
| 2018 | 16.58 | -11.06% |
| 2017 | 18.64 | -3.96% |
| 2016 | 19.40 | 49.88% |
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
18.16
5-year avg
19.06
10-year avg
18.26
Fortis Inc.’s PE Ratio is less than Huadian Power International Corporation Limited (10.88), less than Equatorial Energia S.A. (31.53), less than Union Electric Company (14.02), less than Huadian Power International Corporation Limited (10.88), less than Ameren Corporation (19.78), less than Interconexión Eléctrica S.A. E.S.P. (14.38), less than HK Electric Investments and HK Electric Investments Limited (20.77), greater than Fortis Inc. CUM RD 5Y SR G (6.75),
| Company | PE Ratio | Market cap |
|---|---|---|
| 10.88 | $9.28B | |
| 31.53 | $9.51B | |
| 14.02 | $7.91B | |
| 10.88 | $5.44B | |
| 19.78 | $30.17B | |
| 14.38 | $9.39B | |
| 20.77 | $6.89B | |
| 6.75 | $8.74B |
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