Fifth Third Bancorp (FITB) Valuation
Historical valuation analysis based on 1279 data points (2021-09-14 to 2026-10-16)
Fifth Third Bancorp is a midsize regional bank in the US, with total assets of around $300 billion as of June 2026. The bank closed its acquisition of Comercia in February 2026. Headquartered in Ci...
Fifth Third Bancorp (FITB) currently trades at a P/E ratio of 19.47 (historical range: 6.16–22.95, median: 11.43), placing it at the 93th percentile — expensive relative to its history, P/S ratio of 3.07 (range: 1.21–60.80, 23th percentile — below its historical average), EV/EBITDA of 20.63 (range: 2.01–55.03, 89th percentile).
Over the historical period (2021-09-14 to 2026-10-16), Fifth Third Bancorp's P/E ratio has expanded by 49% over the observed period (from an average of 9.5 to 14.2).
Fifth Third Bancorp trades above its historical valuation range, with most metrics above their median levels.
Historical Valuation Metrics
| Metric | Current | Median | %ile | Assessment |
|---|---|---|---|---|
| P/E Ratio | 19.47 | 11.43 | 93th | expensive relative to its history |
| P/S Ratio | 3.07 | 38.36 | 23th | below its historical average |
| EV/EBITDA | 20.63 | 8.43 | 89th | expensive relative to its history |
| FCF Yield | 6.61% | 15.23% | 12th | expensive relative to its history |
Fifth Third Bancorp (FITB) Valuation & P/E History
Fifth Third Bancorp (FITB) is a US-listed stock operating in the Financial Services sector, specifically the State Commercial Banks industry currently trading at $50.40 with a market capitalization of $45.7 billion. This page provides historical valuation analysis for FITB based on 1279 data points covering 2021-09-14 to 2026-10-16. The P/E ratio of 19.47 is above the historical median of 11.43, placing FITB at the 93th percentile of its valuation range. The P/S ratio of 3.07 compares to a median of 38.36.
FITB Valuation Metrics & Historical Range
The valuation table above shows Fifth Third Bancorp's current and historical valuation multiples, including P/E ratio, P/S ratio, EV/EBITDA, FCF yield, and dividend yield. Each metric is compared to its own historical range to determine whether FITB is currently trading above or below its typical valuation levels.
- P/E ratio: Price-to-earnings measures how much investors pay per dollar of earnings. A P/E above the historical median suggests FITB is expensively valued; below the median suggests it is cheap.
- P/S ratio: Price-to-sales is useful for companies with volatile or negative earnings. Lower P/S relative to history may indicate value.
- EV/EBITDA: Enterprise value to EBITDA adjusts for debt and cash, providing a capital-structure-neutral valuation measure for Fifth Third Bancorp.
- FCF yield: Free cash flow yield shows the cash return relative to market price. Higher yields may indicate undervaluation.
Is FITB Overvalued or Undervalued?
Fifth Third Bancorp trades above its historical valuation range, with most metrics above their median levels. The overall valuation percentile of 68 combines P/E, P/S, and EV/EBITDA percentiles into a single measure of how expensive FITB is relative to its own history. A percentile below 25 suggests the stock may be undervalued, while a percentile above 75 suggests it may be overvalued.
However, valuation is only one factor in investment decisions. A stock can remain "overvalued" for years if growth accelerates, or "undervalued" if the business deteriorates. Always combine valuation analysis with financial statement analysis and the full FITB analysis page for a complete picture.
Valuation data is computed from historical price and fundamental data via Polygon.io and Finnhub.FITB trades on NYSE. This page is for informational purposes only and is not financial advice.