P/E ratio for Pinnacle Financial Partners (PNFP)
P/E ratio as of March 2023 (TTM): 7.74
According to Pinnacle Financial Partners 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.74202. At the end of 2021 the company had a P/E ratio of 14.1.
P/E ratio history for Pinnacle Financial Partners from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 14.1 | -11.77% |
| 2020 | 15.9 | 30.51% |
| 2019 | 12.2 | 23.73% |
| 2018 | 9.87 | -57.86% |
| 2017 | 23.4 | -0.27% |
| 2016 | 23.5 | 18.01% |
| 2015 | 19.9 | 1.7% |
| 2014 | 19.6 | 2.29% |
| 2013 | 19.1 | 13.76% |
| 2012 | 16.8 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Regions Financial
RF | 8.04 | 3.89% | 🇺🇸 USA |
 Wells Fargo WFC | 11.9 | 54.23% | 🇺🇸 USA |
 Trustmark TRMK | 21.7 | 180.60% | 🇺🇸 USA |
 Renasant Corp RNST | 10.5 | 35.73% | 🇺🇸 USA |
 First Horizon National FHN | 10.8 | 39.93% | 🇺🇸 USA |
 Cullen/Frost Bankers CFR | 13.9 | 80.16% | 🇺🇸 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.