The current P/E ratio for Parsons stock as of Apr 26, 2024 is 52.11. This is calculated based on the TTM EPS of $1.53 and the stock price of $79.73 per share. The PE ratio has increased by 25% from its last 4 quarters average of 41.5.
The average historical PE ratio of Parsons for the last five years is 41.52. The current price-to-earnings ratio of 52.11 is 26% more than the historical average. Analyzing the last five years, PSN's PE ratio reached its highest point in the Sep 2021 quarter at 59.23, when the price was $33.76 and the EPS was $0.57. The lowest point was recorded in the Mar 2020 quarter, when it reached 25.57 with a price of $31.96 and an EPS of $1.25.
Maximum annual increase: 46.08% in 2021
Maximum annual decrease: -17.57% in 2023
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 40.99 | -17.57% |
| 2022 | 49.73 | -8.37% |
| 2021 | 54.27 | 46.08% |
| 2020 | 37.15 | 17.01% |
| 2019 | 31.75 | N/A |
| 2018 | N/A | N/A |
| 2017 | N/A | N/A |
| 2016 | N/A | N/A |
PSN's current PE ratio is higher than the 3-year average.
PSN's PE ratio is above its peer stock LHX.
| Stock name | PE ratio | Market cap |
|---|---|---|
| LHX L3Harris Technologies Inc | 34.72 | $40.69B |
| PSN Parsons Corp | 52.11 | $8.44B |
| LIDR AEye Inc | N/A | $6.44M |
| NN Nextnav Inc | N/A | $1.05B |
| OUST Ouster Inc | N/A | $352.62M |
PSN stock has a price to earnings ratio of 52.11 as of Apr 26, 2024.
Over the last 3 years, the average PE ratio for PSN stock is 47.35.
The highest quarterly PE ratio in the last five years has been 59.23 and it was in the Sep 2021 quarter.
The current PE ratio of PSN is 26% higher than the 5-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 26, 2024), Parsons's share price is $79.73. The company's earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $1.53. Therefore, Parsons's price to earnings ratio for today is 52.11. PE RATIO(52.11) = STOCK PRICE($79.73) / TTM EPS($1.53)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.