Park National Corp
PRK
#3566
Rank
$2.99 B
Marketcap
$185.61
Share price
-1.56%
Change (1 day)
67.26%
Change (1 year)

P/E ratio for Park National Corp (PRK)

P/E ratio as of July 2024 (TTM): 22.1

According to Park National Corp's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 22.0958. 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
202215.45.99%
202114.58.6%
202013.4-17.14%
201916.235.85%
201811.9-37.08%
201718.9-11.35%
201621.324.24%
201517.25.95%
201416.2-4.75%
201317.028.73%
201213.2-14.88%
201115.5-26.28%
201021.172.43%
200912.2-83.49%
200874.082.34%
200740.6177%
200614.6-4.69%
200515.4-27.65%
200421.218.63%
200317.911.81%
200216.0-3.56%
200116.6

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
9.72-56.00%๐Ÿ‡บ๐Ÿ‡ธ USA
9.76-55.83%๐Ÿ‡บ๐Ÿ‡ธ USA
9.81-55.59%๐Ÿ‡บ๐Ÿ‡ธ USA
11.6-47.36%๐Ÿ‡บ๐Ÿ‡ธ USA
8.41-61.96%๐Ÿ‡บ๐Ÿ‡ธ USA
8.86-59.92%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.