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PNFP Pinnacle Financial Partners PE ratio, current and historical analysis

As of Jul 24, 2024, the Pinnacle Financial Partners stock's PE ratio is 13.41. This takes into account the latest EPS of $7.02 and stock price of $94.16. The PE ratio marks an increase of 34% from its last 4 quarters average of 10.0.

PNFP PE ratio history

How has PNFP's PE ratio performed in the past

The PE ratio of Pinnacle Financial Partners has averaged 15.29 over the last ten years. The current P/E ratio of 13.41 is 12% 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
15.29
Median
14.5
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
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

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

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

3-year avg
11.04
5-year avg
11.58
10-year avg
15.29
15-year avg
16.49

PNFP PE vs peers

What is PNFP's PE ratio compared to its peers

In comparison to its peers CFR and RNST, PNFP's PE ratio is lower, but it is higher than WFC's and RF's. Pinnacle Financial Partners's PE ratio is trading above the peer average of 12.76.

Stock name PE ratio Market cap
FHN First Horizon Corp 11.55 $9.29B
RF Regions Financial Corp 12.33 $20.78B
WFC Wells Fargo & Company 12.47 $210.85B
TRMK Trustmark Corp 13.6 $2.14B
PNFP Pinnacle Financial Partners Inc 13.87 $7.52B
CFR Cullen/Frost Bankers Inc 14.48 $7.87B
RNST Renasant Corp 14.87 $2.06B

Frequently asked questions

What is Pinnacle Financial Partners's PE ratio?

PNFP stock has a price to earnings ratio of 13.41 as of Jul 24, 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 11.04.

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 11.58.

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 12% below 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 (Jul 24, 2024), Pinnacle Financial Partners's share price is $94.16. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $7.02. Therefore, Pinnacle Financial Partners's PE ratio for today is 13.41. PE RATIO(13.41) = STOCK PRICE($94.16) / TTM EPS($7.02)

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