PNC Financial Services Group (PNC) Valuation
Historical valuation analysis based on 1279 data points (2021-09-14 to 2026-10-16)
PNC Financial is one of the three super-regional banks in the US, with over $600 billion in total assets at the end of March 2026. Headquartered in Pittsburgh, Pennsylvania, PNC Financial has a coa...
PNC Financial Services Group (PNC) currently trades at a P/E ratio of 11.29 (historical range: 7.20–16.42, median: 12.08), placing it at the 31th percentile — below its historical average, P/S ratio of 3.47 (range: 2.01–5.27, 56th percentile — near its historical average), EV/EBITDA of 19.92 (range: 16.85–21.92, 23th percentile).
Over the historical period (2021-09-14 to 2026-10-16), PNC Financial Services Group's P/E ratio has expanded by 13% over the observed period (from an average of 11.2 to 12.6).
PNC Financial Services Group trades below its historical valuation range, with most metrics below their median levels.
Historical Valuation Metrics
| Metric | Current | Median | %ile | Assessment |
|---|---|---|---|---|
| P/E Ratio | 11.29 | 12.08 | 31th | below its historical average |
| P/S Ratio | 3.47 | 3.37 | 56th | near its historical average |
| EV/EBITDA | 19.92 | 21.22 | 23th | below its historical average |
PNC Financial Services Group (PNC) Valuation & P/E History
PNC Financial Services Group (PNC) is a US-listed stock operating in the Financial Services sector, specifically the National Commercial Banks industry currently trading at $217.39 with a market capitalization of $86.7 billion. This page provides historical valuation analysis for PNC based on 1279 data points covering 2021-09-14 to 2026-10-16. The P/E ratio of 11.29 is below the historical median of 12.08, placing PNC at the 31th percentile of its valuation range. The P/S ratio of 3.47 compares to a median of 3.37.
PNC Valuation Metrics & Historical Range
The valuation table above shows PNC Financial Services Group's current and historical valuation multiples, including P/E ratio, P/S ratio, EV/EBITDA, FCF yield, and dividend yield. Each metric is compared to its own historical range to determine whether PNC is currently trading above or below its typical valuation levels.
- P/E ratio: Price-to-earnings measures how much investors pay per dollar of earnings. A P/E above the historical median suggests PNC is expensively valued; below the median suggests it is cheap.
- P/S ratio: Price-to-sales is useful for companies with volatile or negative earnings. Lower P/S relative to history may indicate value.
- EV/EBITDA: Enterprise value to EBITDA adjusts for debt and cash, providing a capital-structure-neutral valuation measure for PNC Financial Services Group.
- FCF yield: Free cash flow yield shows the cash return relative to market price. Higher yields may indicate undervaluation.
Is PNC Overvalued or Undervalued?
PNC Financial Services Group trades below its historical valuation range, with most metrics below their median levels. The overall valuation percentile of 37 combines P/E, P/S, and EV/EBITDA percentiles into a single measure of how expensive PNC is relative to its own history. A percentile below 25 suggests the stock may be undervalued, while a percentile above 75 suggests it may be overvalued.
However, valuation is only one factor in investment decisions. A stock can remain "overvalued" for years if growth accelerates, or "undervalued" if the business deteriorates. Always combine valuation analysis with financial statement analysis and the full PNC analysis page for a complete picture.
Valuation data is computed from historical price and fundamental data via Polygon.io and Finnhub.PNC trades on NYSE. This page is for informational purposes only and is not financial advice.