PNC Financial Services
PNC
#226
Rank
HK$640.08 B
Marketcap
HK$1,613
Share price
1.63%
Change (1 day)
58.83%
Change (1 year)

P/E ratio for PNC Financial Services (PNC)

P/E ratio as of November 2024 (TTM): 14.2

According to PNC Financial Services's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14.1534. At the end of 2022 the company had a P/E ratio of 11.4.

P/E ratio history for PNC Financial Services from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202211.4-27.77%
202115.880.07%
20208.75-37.26%
201914.028.9%
201810.8-21.08%
201713.7-12.99%
201615.824.7%
201512.63.09%
201412.318.39%
201310.4-4.61%
201210.97.39%
201110.1-4.08%
201010.5-12.54%
200912.1-37.77%
200819.430.4%
200714.978.34%
20068.33-37.5%
200513.3-1.4%
200413.5-11.59%
200315.352.51%
200210.0-75.21%
200140.4

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
10.9-23.33%๐Ÿ‡บ๐Ÿ‡ธ USA
15.8 11.32%๐Ÿ‡บ๐Ÿ‡ธ USA
15.3 8.37%๐Ÿ‡บ๐Ÿ‡ธ USA
12.5-11.48%๐Ÿ‡บ๐Ÿ‡ธ USA
14.3 1.38%๐Ÿ‡บ๐Ÿ‡ธ USA

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.