As at Apr 17, 2024, the PNC stock has a P/E ratio of 11.5. This is based on the current EPS of $12.8 and the stock price of $147.25 per share. An increase of 21% has been recorded in the PE ratio compared to the average of 9.5 of the past four quarters.
The mean historical PE ratio of Pnc Financial Services Group over the last ten years is 12.01. The current 11.5 price-to-earnings ratio is 4.2% less than the historical average. In the past ten years, PNC's PE ratio reached its highest point in the Sep 2017 quarter at 16.24, with a price of $134.77 and an EPS of $8.3. The Jun 2020 quarter saw the lowest point at 6.46, with a price of $105.21 and an EPS of $16.29.
Maximum annual increase: 79.93% in 2021
Maximum annual decrease: -37.22% in 2020
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 12.1 | 6.14% |
| 2022 | 11.4 | -27.76% |
| 2021 | 15.78 | 79.93% |
| 2020 | 8.77 | -37.22% |
| 2019 | 13.97 | 28.87% |
| 2018 | 10.84 | -21.22% |
| 2017 | 13.76 | -12.69% |
| 2016 | 15.76 | 24.39% |
| 2015 | 12.67 | 3.34% |
| 2014 | 12.26 | 17.77% |
PNC's current P/E ratio is above the 5-year average, but it is lower than the 3 and 10-year averages.
PNC's PE ratio is less than its peer stocks WFC and KEY, but it is above JPM's and FITB's. Pnc Financial Services Group's current PE ratio of 11.5 is in line with the average of its peer group, which is 11.57.
| Stock name | PE ratio | Market cap |
|---|---|---|
| RF Regions Financial Corp | 9.03 | $17.5B |
| FITB Fifth Third Bancorp | 10.58 | $23.28B |
| WSBC Wesbanco Inc | 11 | $1.64B |
| JPM Jpmorgan Chase & Co | 11.13 | $521.06B |
| PNC Pnc Financial Services Group Inc | 11.49 | $58.51B |
| WFC Wells Fargo & Company | 12.03 | $210.05B |
| KEY Keycorp | 16.06 | $13.34B |
As of Apr 17, 2024, PNC stock has a price to earnings ratio of 11.5.
Over the last 3 years, the average PE ratio for PNC stock is 12.15.
Over the last 5 years, the average PE ratio for PNC stock is 11.17.
Over the last ten years, the quarterly PE ratio reached a historic high of 16.24 in the Sep 2017 quarter.
PNC's current price to earnings ratio is 4.2% below its 10-year historical average.
The P/E ratio is calculated by taking the latest stock price and dividing it by the earnings per share(EPS) for the last 12 months. As of today (Apr 17, 2024), Pnc Financial Services Group's stock price is $147.25. The earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $12.8. Therefore, Pnc Financial Services Group's price to earnings ratio for today is 11.5. PE RATIO(11.5) = STOCK PRICE($147.25) / TTM EPS($12.8)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.