FortisFTS.NValuation Analysis
Based on the blended 10-year P/E and P/B percentiles, the stock currently sits in the “Richly Valued” zone.
As of Oct 16, 2026, Fortis (FTS.N) trades at a P/E of 23.40x, P/B of 1.60x, P/S of 3.28x, and a dividend yield of 2.48%.
Longitudinal percentile comparison: P/E sits at the 84th percentile over the trailing 10Y window (vs. 90th percentile over 3Y); P/B sits at the 91st percentile over the trailing 10Y window (vs. 83rd percentile over 3Y); P/S sits at the 97th percentile over the trailing 10Y window (vs. 90th percentile over 3Y).
Cross-sectional valuation: its P/E ranks at the 71st percentile within its industry and the 60th percentile across the broader market.
Shareholder return highlight: Total Shareholder Yield is 4.71%, ranking at the 92nd percentile over the trailing 20Y window.
Cross-checking P/E against P/B, the two percentiles sit within 7.3 points of each other — a consistent signal from both angles. The P/E percentile sits lower across the market than within its own industry — relatively cheaper next to the market as a whole. Of the 4.71% total shareholder yield, 2.48% is paid out as dividends and roughly 2.23% is implied to come from buybacks — both channels are meaningfully in play. Fortis operates in the Transportation, Communications, Electric, Gas, And Sanitary Services sector. Data refreshes weekly and is for reference only, not investment advice.
Also listed as: NYSE: FTS · FTS
Want the full picture on whether Fortis (FTS.N) is under- or over-valued? See the full 3Y / 5Y / 10Y / 20Y P/E, P/B, P/S, Dividend Yield & Total Shareholder Yield percentile matrix and the interactive ECharts trend chart on this page.
Historical Percentiles by Metric
| Metric | Current | Market Percentile | Industry Percentile | 3Y Pctl | 5Y Pctl | 10Y Pctl | 20Y Pctl |
|---|---|---|---|---|---|---|---|
| P/E (TTM) | 23.40 | ||||||
| P/B (MRQ) | 1.60 | ||||||
| P/S (TTM) | 3.28 | ||||||
| Dividend Yield | 2.48% | ||||||
| Buyback + Div Yield | 4.71% |