The current P/E ratio for Parsons stock as of Jul 26, 2024 is 283.41. This is calculated based on the TTM EPS of $0.27 and the stock price of $76.52 per share. The PE ratio has increased by 165% from its last 4 quarters average of 106.9.
The average historical PE ratio of Parsons for the last six years is 54.81. The current price-to-earnings ratio of 283.41 is in line with 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.
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 and 5-year averages.
PSN's PE ratio is above its peer stock LHX.
| Stock name | PE ratio | Market cap |
|---|---|---|
| LHX L3Harris Technologies Inc | 37.12 | $43.51B |
| PSN Parsons Corp | 283.41 | $11.23B |
| LIDR AEye Inc | N/A | $10.01M |
| NN Nextnav Inc | N/A | $1.01B |
| OUST Ouster Inc | N/A | $631.34M |
PSN stock has a price to earnings ratio of 283.41 as of Jul 26, 2024.
Over the last 3 years, the average PE ratio for PSN stock is 70.7.
Over the last 5 years, the average PE ratio for PSN stock is 56.07.
The highest quarterly PE ratio in the last six years has been 307.22 and it was in the Mar 2024 quarter.
The current PE ratio of PSN is 417% higher than the 6-year historical average.
A company with a higher PE ratio may indicate that the market has higher growth expectations for the company's future earnings or profitability.
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 26, 2024), Parsons's share price is $76.52. 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 283.41. PE RATIO(283.41) = STOCK PRICE($76.52) / TTM EPS($0.27)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.