Pinnacle Financial Partners
PNFP
#2079
Rank
A$11.52 B
Marketcap
$149.23
Share price
2.19%
Change (1 day)
45.07%
Change (1 year)

P/E ratio for Pinnacle Financial Partners (PNFP)

P/E ratio as of September 2024 (TTM): 12.5

According to Pinnacle Financial Partners 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.5302. 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
9.01-28.13%๐Ÿ‡บ๐Ÿ‡ธ USA
11.5-8.43%๐Ÿ‡บ๐Ÿ‡ธ USA
9.39-25.07%๐Ÿ‡บ๐Ÿ‡ธ USA
10.7-14.87%๐Ÿ‡บ๐Ÿ‡ธ USA
21.0 67.54%๐Ÿ‡บ๐Ÿ‡ธ USA
11.6-7.27%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.