First Trust High Income Long/Short Fund
First Trust High Income Long/Short Fund (FSD) PE Ratio — Current & Historical Data
Trailing twelve months (TTM) P/E, forward P/E, PEG, and annual PE history — from market prices and filings.
fsd · pe ratio · data through Oct 31, 2023
Core PE Ratio Metrics
Trailing 12 months · TTMThe price-to-earnings (P/E) ratio for First Trust High Income Long/Short Fund (FSD) measures how much investors pay for each dollar of the company's trailing earnings. FSD's current PE ratio of 21.29x is calculated by dividing its stock price of $12.22 by its TTM earnings per share of $0.57. +90.1% elevated vs 5Y avg 11.2x
Source: FMP · /ratios-ttm · /analyst-estimates · 2023-10-31
PE Ratio History
2016 – 2023 · Annual▸ FMP /ratios?period=annual&limit=20 · priceToEarningsRatio + netIncomePerShare (Annual)
Historical PE Range
Past 5 fiscal years · Front-end computedMinQ1 · 25%9.6x
MedianQ3 · 75%18.3x
Max
At 21.29x, FSD's current P/E is higher than in 100% of its annual fiscal year readings over the past 5 years — historically elevated.
Percentile calculated from annual fiscal year data points, not by trading day. Years where PE ≤ 0 or > 9,999 are excluded.
PE Ratio vs Peers
Asset Management - Income · 6 peers · Annual PE| Company | Market Cap | PE (Annual) | vs Avg | EPS (TTM) |
|---|---|---|---|---|
First Trust High Income Long/Short FundYou FSD | $407M | 21.29x | +66.2% | $0.57 |
 Brown Advisory Total Return Fund - Investor Shares BIATX | $394M | N/A | — | — |
 Allspring Large Cap Core Fund - Class R EGOHX | $415M | N/A | — | — |
 First Trust MLP and Energy Income Fund FEI | $445M | 14.60x | +13.9% | $0.58 |
 First Trust Energy Income and Growth Fund FEN | $311M | 11.03x | -13.9% | $1.34 |
 Glenmede Fund Core Fixed Income Portfolio GTCGX | $364M | N/A | — | — |
 Carillon ClariVest Capital Appreciation Fund Class R5 HRCMX | $451M | N/A | — | — |
Industry Average 2 peers with valid PE | — | 12.81x | baseline | — |
* N/A — Company is not profitable (TTM) · excluded from industry average · ▸ FMP /stock-peers + /ratios?limit=1 · priceToEarningsRatio
Annual PE Ratio History
| Fiscal Year End | PE Ratio | EPS (TTM) | YoY Change | PE vs Max |
|---|---|---|---|---|
2023-10-31Latest FY2023 | 18.26x | $0.57 | — | |
2022-10-31 FY2022 | — | $-2.34 | — | |
2021-10-31 FY2021 | 8.47x | $1.88 | — | |
2020-10-31 FY2020 | — | $-0.03 | — | |
2019-10-31 FY2019 | 9.62x | $1.61 | — | |
2018-10-31 FY2018 | — | $-0.36 | — | |
2017-10-31 FY2017 | 9.04x | $1.87 | -14.7% | |
2016-10-31 FY2016 | 10.61x | $1.46 | — |
▸ FMP /ratios?period=annual&limit=20 · priceToEarningsRatio + netIncomePerShare · Zero extra API
About PE Ratio & Methodology
The price-to-earnings (P/E) ratio for First Trust High Income Long/Short Fund (FSD) measures how much investors pay for each dollar of the company's trailing earnings. FSD's current PE ratio of 21.29x is calculated by dividing its stock price of $12.22 by its TTM earnings per share of $0.57.
Frequently asked questions
FSD pe ratio · 6 questionsFSD's current PE ratio is 21.29x as of 2026-06-09, based on a stock price of $12.22 and TTM EPS of $0.57. Data sourced from Financial Modeling Prep via FSD's SEC 10-K and 10-Q filings.
▸ Source: FMP · /ratios-ttm · /ratios annual · /analyst-estimates · /stock-peers · First Trust High Income Long/Short Fund SEC 10-K & 10-Q filings · US GAAP · Updated: 2026-06-09