In the current session, the stock is trading at $48.25, after a 0.31% increase. Over the past month, Fifth Third Bancorp Inc. (NASDAQ:FITB) stock increased by 10.95%, and in the past year, by 12.40%. With performance like this, long-term shareholders are optimistic but others are more likely to look into the price-to-earnings ratio to see if the stock might be overvalued.Comparing Fifth Third Bancorp P/E Against Its PeersThe P/E ratio is used by long-term shareholders to assess the company's market performa ...