RNST Renasant PE ratio, current and historical analysis
As of Oct 22, 2024, the Renasant stock's price-to-earnings ratio is 12.3. This results from the current EPS of $2.64 and stock price of $32.47. The PE ratio has increased by 6% from the past four quarters average of 11.6.
RNST PE ratio history
The PE ratio of Renasant has averaged 14.69 over the last ten years. The current P/E ratio of 12.3 is 16% lower than the historical average. In the past ten years, RNST's PE ratio peaked in the Dec 2020 quarter at 22.6, when the stock price was $33.68 and the EPS was $1.49. The lowest point was in the Jun 2023 quarter, when it reached 8.74 with a price of $26.13 and an EPS of $2.99.
Renasant PE ratio by year
Maximum annual increase: 84.34% in 2020
Maximum annual decrease: -48.07% in 2018
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 13.05 | 3.08% |
| 2022 | 12.66 | 4.46% |
| 2021 | 12.12 | -46.37% |
| 2020 | 22.6 | 84.34% |
| 2019 | 12.26 | 13.73% |
| 2018 | 10.78 | -48.07% |
| 2017 | 20.76 | 7.18% |
| 2016 | 19.37 | 6.37% |
| 2015 | 18.21 | 18.94% |
| 2014 | 15.31 | -40.15% |
RNST average PE ratio chart
The current PE ratio of RNST is higher than its 3-year historical average, but it is lower than the 5 and 10-year averages.
RNST PE vs peers
RNST's PE ratio stands lower than its peer stocks RF and FHN, but it is higher than TRMK's. Renasant is presently trading at a lower PE ratio (12.3) than its peer group average of 14.69.
| Stock name | PE ratio | Market cap |
|---|---|---|
| TRMK Trustmark Corp | 11.34 | $2.11B |
| RNST Renasant Corp | 12.96 | $2.17B |
| RF Regions Financial Corp | 13.35 | $21.62B |
| FBMS First Bancshares Inc | 13.97 | $1.06B |
| FHN First Horizon Corp | 14.1 | $9.22B |
| CFR Cullen/Frost Bankers Inc | 15.31 | $8.04B |
| FCBC First Community Bankshares Inc | 15.32 | $786.54M |
| PNFP Pinnacle Financial Partners Inc | 19.9 | $7.87B |
Frequently asked questions
What is Renasant's PE ratio?
RNST's price to earnings ratio is 12.3 as of Oct 22, 2024.
What is the 3-year average PE ratio for Renasant (RNST)?
The 3-year average price to earnings ratio for RNST stock is 11.25.
What is the 5-year average PE ratio for Renasant (RNST)?
The 5-year average price to earnings ratio for RNST stock is 12.62.
What is the highest PE ratio for RNST?
In the last ten years, the Dec 2020 quarter recorded the highest quarterly PE ratio at 22.6.
How does the current PE ratio for RNST compare to its historical average?
RNST's price to earnings ratio is currently 16% below its 10-year historical average.
How is RNST's PE ratio calculated (Renasant PE ratio formula)?
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Oct 22, 2024), Renasant's stock price is $32.47. The earnings per share for the trailing twelve months (TTM) ending Jun 2024 is $2.64. Therefore, Renasant's PE ratio for today is 12.3. PE RATIO(12.3) = STOCK PRICE($32.47) / TTM EPS($2.64)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.