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PNFP Pinnacle Financial Partners PE ratio, current and historical analysis

As of Nov 29, 2023, the Pinnacle Financial Partners stock's PE ratio is 9.41. This takes into account the latest EPS of $7.77 and stock price of $73.1. The PE ratio marks an increase of 12% from its last 4 quarters average of 8.4.

PNFP PE ratio history

How has PNFP's PE ratio performed in the past

The PE ratio of Pinnacle Financial Partners has averaged 15.84 over the last ten years. The current P/E ratio of 9.41 is 41% lower than the historical average. Looking back at the last ten years, PNFP's PE ratio peaked in the Dec 2017 quarter at 24.29, when the price was $66.3 and the EPS was $2.73. The lowest point was in the Jun 2023 quarter, when it reached 7.09 with a price of $56.65 and an EPS of $7.99.

Average
15.84
Median
16.57
Minimum
7.09
Maximum
24.29

Pinnacle Financial Partners PE ratio by year

Maximum annual increase: 30.76% in 2020

Maximum annual decrease: -59.28% in 2018

Year PE ratio Change
2022 10.19 -27.52%
2021 14.06 -11.79%
2020 15.94 30.76%
2019 12.19 23.26%
2018 9.89 -59.28%
2017 24.29 3.76%
2016 23.41 17.58%
2015 19.91 2.21%
2014 19.48 1.19%
2013 19.25 14.45%

PNFP average PE ratio chart

What is the average PE ratio of PNFP for the past years

Currently, PNFP's PE ratio is lower than its 3, 5 and 10-year averages.

3-year avg
12.02
5-year avg
11.43
10-year avg
15.84
15-year avg
16.86

PNFP PE vs peers

What is PNFP's PE ratio compared to its peers

In comparison to its peers RNST and TRMK, PNFP's PE ratio is lower, but it is higher than WFC's and RF's. Pinnacle Financial Partners's current PE ratio of 9.41 is similar to the average of its peers, which is 9.51.

Stock name PE ratio Market cap
RF Regions Financial Corp 6.83 $15.32B
FHN First Horizon Corp 7.23 $7.07B
WFC Wells Fargo & Company 9.37 $158.99B
CFR Cullen/Frost Bankers Inc 9.38 $6.3B
PNFP Pinnacle Financial Partners Inc 9.41 $5.61B
RNST Renasant Corp 9.44 $1.54B
TRMK Trustmark Corp 14.81 $1.41B

Frequently asked questions

What is Pinnacle Financial Partners's PE ratio?

PNFP stock has a price to earnings ratio of 9.41 as of Nov 29, 2023.

What is the 3-year average PE ratio for Pinnacle Financial Partners (PNFP)?

Over the last 3 years, the average price to earnings ratio for PNFP stock is 12.02.

What is the 5-year average PE ratio for Pinnacle Financial Partners (PNFP)?

Over the last 5 years, the average price to earnings ratio for PNFP stock is 11.43.

What is the highest PE ratio for PNFP?

Over the last ten years, the quarterly PE ratio reached its highest level at 24.29 in the Dec 2017 quarter.

How does the current PE ratio for PNFP compare to its historical average?

PNFP's price to earnings ratio is currently 41% below its 10-year historical average.

Why is Pinnacle Financial Partners's PE ratio so low?

PNFP's PE ratio is low because its earnings per share (EPS) is high relative to its stock price.

How is PNFP's PE ratio calculated (Pinnacle Financial Partners PE ratio formula)?

You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (Nov 29, 2023), Pinnacle Financial Partners's share price is $73.1. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2023 is $7.77. Therefore, Pinnacle Financial Partners's PE ratio for today is 9.41. PE RATIO(9.41) = STOCK PRICE($73.1) / TTM EPS($7.77)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.