PNFP Pinnacle Financial Partners PE ratio, current and historical analysis
As of Oct 22, 2024, the Pinnacle Financial Partners stock's PE ratio is 20.07. This takes into account the latest EPS of $5.12 and stock price of $102.75. The PE ratio marks an increase of 65% from its last 4 quarters average of 12.2.
PNFP PE ratio history
The PE ratio of Pinnacle Financial Partners has averaged 15.21 over the last ten years. The current P/E ratio of 20.07 is 32% higher 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.
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 |
|---|---|---|
| 2023 | 12.11 | 18.84% |
| 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% |
PNFP average PE ratio chart
Currently, PNFP's PE ratio is higher than its 3, 5 and 10-year averages.
PNFP PE vs peers
In comparison to its peer stocks WFC and RF, PNFP's PE ratio is higher. Pinnacle Financial Partners's PE ratio is trading above the peer average of 13.23.
| Stock name | PE ratio | Market cap |
|---|---|---|
| TRMK Trustmark Corp | 11.34 | $2.11B |
| RNST Renasant Corp | 12.96 | $2.17B |
| WFC Wells Fargo & Company | 13.07 | $219.75B |
| RF Regions Financial Corp | 13.35 | $21.62B |
| FHN First Horizon Corp | 14.1 | $9.22B |
| CFR Cullen/Frost Bankers Inc | 15.31 | $8.04B |
| PNFP Pinnacle Financial Partners Inc | 19.9 | $7.87B |
Frequently asked questions
What is Pinnacle Financial Partners's PE ratio?
PNFP stock has a price to earnings ratio of 20.07 as of Oct 22, 2024.
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 11.15.
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 11.83.
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 32% above its 10-year historical average.
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 (Oct 22, 2024), Pinnacle Financial Partners's share price is $102.75. The company's earnings per share for the trailing twelve months (TTM) ending Jun 2024 is $5.12. Therefore, Pinnacle Financial Partners's PE ratio for today is 20.07. PE RATIO(20.07) = STOCK PRICE($102.75) / TTM EPS($5.12)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.