As of Dec 20, 2024, the Renasant stock's price-to-earnings ratio is 11.52. This results from the current EPS of $3.07 and stock price of $35.38. The PE ratio has decreased by 3.9% from the past four quarters average of 12.0.
The PE ratio of Renasant has averaged 14.59 over the last ten years. The current P/E ratio of 11.52 is 21% 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.
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% |
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'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 (11.52) than its peer group average of 15.31.
Stock name | PE ratio | Market cap |
---|---|---|
TRMK Trustmark Corp | 10.76 | $2.18B |
RNST Renasant Corp | 11.52 | $2.25B |
RF Regions Financial Corp | 13.43 | $21.6B |
FHN First Horizon Corp | 14.35 | $10.57B |
FCBC First Community Bankshares Inc | 15.48 | $775.72M |
FBMS First Bancshares Inc | 15.49 | $1.08B |
CFR Cullen/Frost Bankers Inc | 16.49 | $8.52B |
PNFP Pinnacle Financial Partners Inc | 21.18 | $8.67B |
RNST's price to earnings ratio is 11.52 as of Dec 20, 2024.
The 3-year average price to earnings ratio for RNST stock is 11.2.
The 5-year average price to earnings ratio for RNST stock is 12.52.
In the last ten years, the Dec 2020 quarter recorded the highest quarterly PE ratio at 22.6.
RNST's price to earnings ratio is currently 21% below its 10-year historical average.
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Dec 20, 2024), Renasant's stock price is $35.38. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $3.07. Therefore, Renasant's PE ratio for today is 11.52. PE RATIO(11.52) = STOCK PRICE($35.38) / TTM EPS($3.07)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.