P/E ratio for Renasant Corp (RNST)
P/E ratio as of April 2024 (TTM): 9.89
According to Renasant Corp's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.8866. 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 |
|---|---|---|
| 2022 | 12.7 | 4.39% |
| 2021 | 12.1 | -46.36% |
| 2020 | 22.6 | 85.07% |
| 2019 | 12.2 | 13.32% |
| 2018 | 10.8 | -47.81% |
| 2017 | 20.7 | 6.63% |
| 2016 | 19.4 | 6.94% |
| 2015 | 18.1 | 17.69% |
| 2014 | 15.4 | -40.33% |
| 2013 | 25.8 | 42.81% |
| 2012 | 18.1 | 22.78% |
| 2011 | 14.7 | 15.66% |
| 2010 | 12.7 | -17.73% |
| 2009 | 15.5 | 4.36% |
| 2008 | 14.8 | 14.65% |
| 2007 | 12.9 | -26.06% |
| 2006 | 17.5 | 28.96% |
| 2005 | 13.5 | -12.01% |
| 2004 | 15.4 | 3.02% |
| 2003 | 14.9 | 7.26% |
| 2002 | 13.9 | -6.66% |
| 2001 | 14.9 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Regions Financial
RF | 7.85 | -20.59% | 🇺🇸 USA |
 Trustmark TRMK | 16.5 | 66.83% | 🇺🇸 USA |
 The First Bancshares FBMS | 8.65 | -12.47% | 🇺🇸 USA |
 Pinnacle Financial Partners
PNFP | 10.1 | 2.14% | 🇺🇸 USA |
 First Horizon National FHN | 8.16 | -17.46% | 🇺🇸 USA |
 Cullen/Frost Bankers CFR | 10.4 | 5.29% | 🇺🇸 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.