P/E ratio for PNC Financial Services (PNC)
P/E ratio as of April 2024 (TTM): 10.8
According to PNC Financial Services's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.8466. At the end of 2022 the company had a P/E ratio of 11.4.
P/E ratio history for PNC Financial Services from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 11.4 | -27.77% |
| 2021 | 15.8 | 80.07% |
| 2020 | 8.75 | -37.26% |
| 2019 | 14.0 | 28.9% |
| 2018 | 10.8 | -21.08% |
| 2017 | 13.7 | -12.99% |
| 2016 | 15.8 | 24.7% |
| 2015 | 12.6 | 3.09% |
| 2014 | 12.3 | 18.39% |
| 2013 | 10.4 | -4.61% |
| 2012 | 10.9 | 7.39% |
| 2011 | 10.1 | -4.08% |
| 2010 | 10.5 | -12.54% |
| 2009 | 12.1 | -37.77% |
| 2008 | 19.4 | 30.4% |
| 2007 | 14.9 | 78.34% |
| 2006 | 8.33 | -37.5% |
| 2005 | 13.3 | -1.4% |
| 2004 | 13.5 | -11.59% |
| 2003 | 15.3 | 52.51% |
| 2002 | 10.0 | -75.21% |
| 2001 | 40.4 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 KeyCorp (KeyBank) KEY | 11.8 | 8.63% | 🇺🇸 USA |
 Regions Financial
RF | 8.10 | -25.29% | 🇺🇸 USA |
 JPMorgan Chase JPM | 11.5 | 6.24% | 🇺🇸 USA |
 Wells Fargo WFC | 12.8 | 18.31% | 🇺🇸 USA |
 WesBanco WSBC | 9.91 | -8.60% | 🇺🇸 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.