The PNC Financial Services Group, Inc PNC
- Market cap
- $89.1B
- P/E
- 12.4×
Follow PNC
The PNC Financial Services Group, Inc (PNC) P/B ratio
As of 25 September 2026, The PNC Financial Services Group, Inc (PNC) trades at a P/B ratio of 1.4×. Over the past ten years it has ranged from 0.7× (March 2020) to 1.7× (January 2022); the current reading is higher than 75% of that period. That is above the Banks Regional industry median of 1.2× and above the Financial sector median of 1.3×.
P/B ratio, daily
Annual
| Period | P/B ratio | Change |
|---|---|---|
| FY2025 | 1.4× | (3.50%) |
| FY2024 | 1.4× | 15.13% |
| FY2023 | 1.2× | (14.46%) |
| FY2022 | 1.4× | (6.41%) |
| FY2021 | 1.5× | 30.20% |
| FY2020 | 1.2× | (18.59%) |
| FY2019 | 1.4× | 26.53% |
| FY2018 | 1.1× | (21.82%) |
| FY2017 | 1.5× | 17.53% |
| FY2016 | 1.2× | 16.74% |
Quarterly
| Period | P/B ratio | Change |
|---|---|---|
| Jun 2026 | 1.5× | 17.03% |
| Mar 2026 | 1.3× | (2.91%) |
| Dec 2025 | 1.4× | 1.15% |
| Sep 2025 | 1.3× | 4.99% |
| 42 more quarters | Free account |
Against its own ten years
P/B ratio against peers
| Company | P/B ratio |
|---|---|
| MFG Mizuho Financial Group, Inc. compare | 0.2× |
| DB Deutsche Bank Aktiengesellschaft compare | 0.7× |
| NWG NatWest Group plc compare | 1.3× |
| LYG Lloyds Banking Group PLC compare | 1.3× |
| PNC The PNC Financial Services Group, Inc | 1.4× |
| USB U.S. Bancorp compare | 1.5× |
| HDB HDFC Bank Limited compare | 1.8× |
| IBN ICICI Bank Limited compare | 2.4× |
| NU Nu Holdings Ltd. compare | 5.0× |
| Banks Regional industry median | 1.2× |
| Financial sector median | 1.3× |
| Market median | 1.8× |
What P/B ratio is
Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.
Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))
More on PNC
- Revenue
- Net income
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- The full statement