PennantPark Investment Corporation (PNNT) P/E Ratio History
Historical price-to-earnings valuation from 2009 to 2026
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PNNT Valuation Context
How does the current P/E compare to historical and market benchmarks?
P/E Ratio Analysis
As of May 6, 2026, PennantPark Investment Corporation (PNNT) trades at a price-to-earnings ratio of 9.7x, with a stock price of $4.84 and trailing twelve-month earnings per share of $0.40.
The current P/E is roughly in line with its 5-year average of 10.6x. Over the past five years, PNNT's P/E has ranged from a low of 2.6x to a high of 27.3x, placing the current valuation at the 60th percentile of its historical range.
Compared to the Financial Services sector median P/E of 13.4x, PNNT trades at a 28% discount to its sector peers. The sector includes 774 companies with P/E ratios ranging from 0.0x to 195.8x.
Relative to the broader market, PNNT trades at a notable discount to the S&P 500 median P/E of 25.2x. Investors should consider the company's growth prospects, competitive position, and earnings quality when evaluating whether the current valuation is justified.
For a comprehensive intrinsic value estimate using discounted cash flow analysis, see our PNNT DCF Valuation Calculator →
Note: P/E ratio is just one valuation metric. It does not account for balance sheet strength, cash flow quality, or growth sustainability. Always conduct comprehensive due diligence before making investment decisions.
PNNT P/E vs Peers
P/E ratio compared to closely matched public peers
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
| $14B | 10.3 | 1.00 | -24% | |
| $1B | 5.5 | - | -23% | |
| $3B | 9.4 | 0.30 | +4% | |
| $226M | 4.6Lowest | 4.50 | +49%Best | |
| $914M | 12.8 | 1.44 | -49% | |
| $761M | 8.2 | 0.23 | -3% | |
| $866M | 7.5 | 0.82 | -4% | |
| $963M | 9.5 | 0.23Best | -7% | |
| $3B | 8.9 | - | +15% | |
| $665M | 9.4 | - | -28% |
Peers sorted by market capitalization. P/E below peers may indicate undervaluation or lower growth expectations. Consider PEG ratio for growth-adjusted comparison.
PNNT Historical P/E Data (2009–2026)
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Date | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2026 Q1 | Wed Dec 31 2025 00:00:00 GM | $5.96 | $0.39 | 15.5x | -6% |
| FY2025 Q4 | $6.71 | $0.50 | 13.6x | -18% | |
| FY2025 Q3 | Mon Jun 30 2025 00:00:00 GM | $6.84 | $0.79 | 8.7x | -48% |
| FY2025 Q2 | Mon Mar 31 2025 00:00:00 GM | $7.03 | $0.73 | 9.7x | -41% |
| FY2025 Q1 | $7.08 | $0.84 | 8.5x | -49% | |
| FY2024 Q4 | Mon Sep 30 2024 00:00:00 GM | $6.99 | $0.75 | 9.4x | -43% |
| FY2024 Q3 | Sun Jun 30 2024 00:00:00 GM | $7.55 | $0.66 | 11.5x | -30% |
| FY2024 Q2 | Sun Mar 31 2024 00:00:00 GM | $6.88 | $0.92 | 7.5x | -55% |
| FY2024 Q1 | Sun Dec 31 2023 00:00:00 GM | $6.91 | $0.74 | 9.3x | -44% |
| FY2022 Q3 | $6.18 | $0.52 | 11.9x | -28% | |
| FY2022 Q2 | $7.78 | $1.28 | 6.1x | -63% | |
| FY2022 Q1 | Fri Dec 31 2021 00:00:00 GM | $6.93 | $1.80 | 3.9x | -77% |
Average P/E for displayed period: 16.5x
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Start ComparisonPNNT — Frequently Asked Questions
Quick answers to the most common questions about buying PNNT stock.
Is PNNT stock overvalued or undervalued?
PNNT trades at 9.7x P/E, near its 5-year average of 10.6x. The 60th percentile ranking places valuation within normal historical bounds.
How does PNNT's valuation compare to peers?
PennantPark Investment Corporation P/E of 9.7x compares to sector median of 13.4x. The discount suggests lower growth expectations or higher risk.
What is PNNT's PEG ratio?
PNNT PEG ratio is N/A. Above 2.0 indicates premium valuation relative to growth rate. Historical P/E data spans 2009-2026.