P/E ratio for Park National Corp (PRK)
P/E ratio as of April 2024 (TTM): 16.1
According to Park National Corp's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 16.1413. At the end of 2022 the company had a P/E ratio of 15.4.
P/E ratio history for Park National Corp from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 15.4 | 5.99% |
| 2021 | 14.5 | 8.6% |
| 2020 | 13.4 | -17.14% |
| 2019 | 16.2 | 35.85% |
| 2018 | 11.9 | -37.08% |
| 2017 | 18.9 | -11.35% |
| 2016 | 21.3 | 24.24% |
| 2015 | 17.2 | 5.95% |
| 2014 | 16.2 | -4.75% |
| 2013 | 17.0 | 28.73% |
| 2012 | 13.2 | -14.88% |
| 2011 | 15.5 | -26.28% |
| 2010 | 21.1 | 72.43% |
| 2009 | 12.2 | -83.49% |
| 2008 | 74.0 | 82.34% |
| 2007 | 40.6 | 177% |
| 2006 | 14.6 | -4.69% |
| 2005 | 15.4 | -27.65% |
| 2004 | 21.2 | 18.63% |
| 2003 | 17.9 | 11.81% |
| 2002 | 16.0 | -3.56% |
| 2001 | 16.6 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Huntington Bancshares
HBAN | 8.82 | -45.37% | 🇺🇸 USA |
 WesBanco WSBC | 9.91 | -38.58% | 🇺🇸 USA |
 Peoples Bancorp PEBO | 8.68 | -46.24% | 🇺🇸 USA |
 Ohio Valley Banc Corp OVBC | 8.67 | -46.28% | 🇺🇸 USA |
 LCNB
LCNB | 8.77 | -45.67% | 🇺🇸 USA |
 First Financial Bank
FFBC | 7.82 | -51.56% | 🇺🇸 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.