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PSN Parsons PE ratio, current and historical analysis

The current P/E ratio for Parsons stock as of May 20, 2024 is 285.96. This is calculated based on the TTM EPS of $0.27 and the stock price of $77.21 per share. The PE ratio has increased by 167% from its last 4 quarters average of 106.9.

PSN PE ratio history

How has PSN's PE ratio performed in the past

The average historical PE ratio of Parsons for the last five years is 54.81. The current price-to-earnings ratio of 285.96 is in line with the historical average. Analyzing the last five 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.

Average
54.81
Median
41.13
Minimum
25.57
Maximum
307.22

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

What is the average PE ratio of PSN for the past years

PSN's current PE ratio is higher than the 3 and 5-year averages.

3-year avg
69.01
5-year avg
54.81
10-year avg
N/A
15-year avg
N/A

PSN PE vs peers

What is PSN's PE ratio compared to its peers

PSN's PE ratio is above its peer stock LHX.

Stock name PE ratio Market cap
LHX L3Harris Technologies Inc 36.45 $42.73B
PSN Parsons Corp 285.67 $11.32B
LIDR AEye Inc N/A $25.72M
NN Nextnav Inc N/A $908.87M

Frequently asked questions

What is Parsons's PE ratio?

PSN stock has a price to earnings ratio of 285.96 as of May 20, 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 69.01.

What is the 5-year average PE ratio for Parsons (PSN)?

Over the last 5 years, the average PE ratio for PSN stock is 54.81.

What is the highest PE ratio for PSN?

The highest quarterly PE ratio in the last five 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 422% higher than the 5-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 (May 20, 2024), Parsons's share price is $77.21. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $0.27. Therefore, Parsons's price to earnings ratio for today is 285.96. PE RATIO(285.96) = STOCK PRICE($77.21) / TTM EPS($0.27)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.