As at Jul 25, 2024, the PNC stock has a P/E ratio of 15.11. This is based on the current EPS of $11.91 and the stock price of $180 per share. An increase of 41% has been recorded in the PE ratio compared to the average of 10.7 of the past four quarters.
The mean historical PE ratio of Pnc Financial Services Group over the last ten years is 12.05. The current 15.11 price-to-earnings ratio is 25% more 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 3, 5 and 10-year averages.
PNC's PE ratio is less than its peer stock KEY, but it is above JPM's and WFC's. Pnc Financial Services Group is presently trading at a higher PE ratio (15.11) than its peer group average of 14.19.
Stock name | PE ratio | Market cap |
---|---|---|
RF Regions Financial Corp | 12.37 | $20.84B |
WFC Wells Fargo & Company | 12.45 | $210.54B |
JPM Jpmorgan Chase & Co | 12.79 | $609.48B |
FITB Fifth Third Bancorp | 13.42 | $28.92B |
WSBC Wesbanco Inc | 13.66 | $1.95B |
PNC Pnc Financial Services Group Inc | 15.21 | $72.1B |
KEY Keycorp | 20.84 | $15.52B |
As of Jul 25, 2024, PNC stock has a price to earnings ratio of 15.11.
Over the last 3 years, the average PE ratio for PNC stock is 12.07.
Over the last 5 years, the average PE ratio for PNC stock is 11.24.
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 25% above 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 (Jul 25, 2024), Pnc Financial Services Group's stock price is $180. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $11.91. Therefore, Pnc Financial Services Group's price to earnings ratio for today is 15.11. PE RATIO(15.11) = STOCK PRICE($180) / TTM EPS($11.91)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.