PSN Parsons PE ratio, current and historical analysis
The current P/E ratio for Parsons stock as of Nov 22, 2024 is 133.85. This is calculated based on the TTM EPS of $0.74 and the stock price of $99.05 per share. The PE ratio has decreased by 17% from its last 4 quarters average of 162.2.
PSN PE ratio history
The average historical PE ratio of Parsons for the last six years is 63.48. The current price-to-earnings ratio of 133.85 is 111% more than the historical average. Analyzing the last six years, PSN's PE ratio reached its highest point in the Mar 2024 quarter at 307.22, when the price was $82.95 and the EPS was $0.27. 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.
Parsons PE ratio by year
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 average PE ratio chart
PSN's current PE ratio is higher than the 3 and 5-year averages.
PSN PE vs peers
PSN's PE ratio is above its peer stock LHX.
| Stock name | PE ratio | Market cap |
|---|---|---|
| LHX L3Harris Technologies Inc | 39.02 | $47.07B |
| PSN Parsons Corp | 133.85 | $10.52B |
| LIDR AEye Inc | N/A | $8.8M |
| NN Nextnav Inc | N/A | $2.05B |
| OUST Ouster Inc | N/A | $474.31M |
Frequently asked questions
What is Parsons's PE ratio?
PSN stock has a price to earnings ratio of 133.85 as of Nov 22, 2024.
What is the 3-year average PE ratio for Parsons (PSN)?
Over the last 3 years, the average PE ratio for PSN stock is 84.91.
What is the 5-year average PE ratio for Parsons (PSN)?
Over the last 5 years, the average PE ratio for PSN stock is 66.98.
What is the highest PE ratio for PSN?
The highest quarterly PE ratio in the last six years has been 307.22 and it was in the Mar 2024 quarter.
How does the current PE ratio for PSN compare to its historical average?
The current PE ratio of PSN is 111% higher than the 6-year historical average.
Why is Parsons's PE ratio so high?
A company with a higher PE ratio may indicate that the market has higher growth expectations for the company's future earnings or profitability.
How is PSN's PE ratio calculated (Parsons PE ratio formula)?
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 (Nov 22, 2024), Parsons's share price is $99.05. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $0.74. Therefore, Parsons's price to earnings ratio for today is 133.85. PE RATIO(133.85) = STOCK PRICE($99.05) / TTM EPS($0.74)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.