P/E ratio for Park National Corp (PRK)
P/E ratio as of June 2023 (TTM): 12.3
According to Park National Corp's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.3428. At the end of 2021 the company had a P/E ratio of 14.6.
P/E ratio history for Park National Corp from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 14.6 | 8.78% |
| 2020 | 13.4 | -17.11% |
| 2019 | 16.1 | 35.7% |
| 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 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Huntington Bancshares
HBAN | 6.98 | -43.47% | 🇺🇸 USA |
 WesBanco WSBC | 9.07 | -26.49% | 🇺🇸 USA |
 Peoples Bancorp PEBO | 7.64 | -38.10% | 🇺🇸 USA |
 Ohio Valley Banc Corp OVBC | 8.92 | -27.72% | 🇺🇸 USA |
 LCNB
LCNB | 7.94 | -35.65% | 🇺🇸 USA |
 First Financial Bank
FFBC | 8.23 | -33.31% | 🇺🇸 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.