Fortis Overview
Fortis (FORFF) has a P/E ratio of 22.3, above the Utilities sector average of 9.44.
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The P/E ratio compares a company's stock price to its earnings per share. A lower P/E ratio may indicate that the stock is undervalued.
As of the most recent data, FORFF shows a P/E ratio of 22.3. That is above the Utilities sector average of 9.44. Scroll down for historical charts and peer comparison views.
The Utilities sector average P/E ratio is about 9.44. Fortis is at 22.3, which is higher that average. That is roughly 136.2% above the sector mean. Use the comparison chart on this page to see how FORFF stacks up against individual peers as well.
Investors watch FORFF's P/E ratio because it compresses price and fundamentals into one number that is easy to compare across companies and over time. Fortis's latest reading is 22.3. Combining that with growth, ROE, and debt metrics usually beats relying on a single multiple.
Besides this p/e ratio page, Stockcircle has Fortis's full stock overview, other financial metrics, insider and congress trade tabs, and tools to follow the stock. Together they help you connect P/E ratio (currently 22.3) with ownership activity and broader fundamentals.
The Utilities average P/E ratio is about 9.44, while FORFF is at 22.3. Typical ranges vary by sub-industry, so always sanity-check against the closest competitors, not just the whole sector bucket.
