Pinnacle Financial Partners
PNFP
#1784
Rank
โ‚น789.06 B
Marketcap
โ‚น10,215
Share price
1.70%
Change (1 day)
88.06%
Change (1 year)

P/E ratio for Pinnacle Financial Partners (PNFP)

P/E ratio as of November 2024 (TTM): 15.6

According to Pinnacle Financial Partners 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 15.5804. At the end of 2022 the company had a P/E ratio of 10.2.

P/E ratio history for Pinnacle Financial Partners from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202210.2-27.62%
202114.1-11.77%
202015.930.51%
201912.223.73%
20189.87-57.86%
201723.4-0.27%
201623.518.01%
201519.91.7%
201419.62.29%
201319.113.76%
201216.815.61%
201114.5-198.57%
2010-14.857.78%
2009-9.36-142.05%
200822.224.27%
200717.9-31.48%
200626.10.4%
200526.0-19.48%
200432.3-3.74%
200333.6-47.99%
200264.6-458.96%
2001-18.0

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
11.3-27.78%๐Ÿ‡บ๐Ÿ‡ธ USA
12.8-17.93%๐Ÿ‡บ๐Ÿ‡ธ USA
10.6-32.05%๐Ÿ‡บ๐Ÿ‡ธ USA
13.3-14.77%๐Ÿ‡บ๐Ÿ‡ธ USA
24.8 58.98%๐Ÿ‡บ๐Ÿ‡ธ USA
15.0-3.74%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.