Renasant Corp
RNST
#4203
Rank
$2.09 B
Marketcap
$32.39
Share price
-3.80%
Change (1 day)
33.90%
Change (1 year)

P/E ratio for Renasant Corp (RNST)

P/E ratio as of October 2024 (TTM): 11.1

According to Renasant Corp's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.1306. At the end of 2022 the company had a P/E ratio of 12.7.

P/E ratio history for Renasant Corp from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202212.74.39%
202112.1-46.36%
202022.685.07%
201912.213.32%
201810.8-47.81%
201720.76.63%
201619.46.94%
201518.117.69%
201415.4-40.33%
201325.842.81%
201218.122.78%
201114.715.66%
201012.7-17.73%
200915.54.36%
200814.814.65%
200712.9-26.06%
200617.528.96%
200513.5-12.01%
200415.43.02%
200314.97.26%
200213.9-6.66%
200114.9

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
9.78-12.11%๐Ÿ‡บ๐Ÿ‡ธ USA
13.1 17.67%๐Ÿ‡บ๐Ÿ‡ธ USA
21.6 94.43%๐Ÿ‡บ๐Ÿ‡ธ USA
11.5 3.27%๐Ÿ‡บ๐Ÿ‡ธ USA
11.7 4.83%๐Ÿ‡บ๐Ÿ‡ธ USA
9.76-12.27%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.