The PNC Financial Services Group, Inc.

LSE:0KEF Stock Report

Market Cap: US$68.5b

PNC Financial Services Group Valuation

Is 0KEF undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 0KEF when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
US$337.04
Fair Value
48.9% undervalued intrinsic discount
20
Number of Analysts

Below Fair Value: 0KEF ($172.21) is trading below our estimate of fair value ($337.04)

Significantly Below Fair Value: 0KEF is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 0KEF?

Key metric: As 0KEF is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 0KEF. This is calculated by dividing 0KEF's market cap by their current earnings.
What is 0KEF's PE Ratio?
PE Ratio12.5x
EarningsUS$5.50b
Market CapUS$68.46b

Price to Earnings Ratio vs Peers

How does 0KEF's PE Ratio compare to its peers?

The above table shows the PE ratio for 0KEF vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average9.2x
BARC Barclays
8x9.7%UK£41.4b
LLOY Lloyds Banking Group
10.7x13.2%UK£42.0b
NWG NatWest Group
8x3.8%UK£35.5b
STAN Standard Chartered
10.1x10.9%UK£28.1b
0KEF PNC Financial Services Group
12.5x10.0%US$68.5b

Price-To-Earnings vs Peers: 0KEF is expensive based on its Price-To-Earnings Ratio (12.5x) compared to the peer average (9.2x).

Price to Earnings Ratio vs Industry

How does 0KEF's PE Ratio compare vs other companies in the European Banks Industry?

2 CompaniesPrice / EarningsEstimated GrowthMarket Cap
0KEF 12.5xIndustry Avg. 8.4xNo. of Companies48PE0612182430+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 0KEF is expensive based on its Price-To-Earnings Ratio (12.5x) compared to the European Banks industry average (8.4x).

Price to Earnings Ratio vs Fair Ratio

What is 0KEF's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

0KEF PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio12.5x
Fair PE Ratio8.7x

Price-To-Earnings vs Fair Ratio: 0KEF is expensive based on its Price-To-Earnings Ratio (12.5x) compared to the estimated Fair Price-To-Earnings Ratio (8.7x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst 0KEF forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$172.21
US$217.93
+26.5%
7.2%US$257.00US$181.00n/a20
Mar ’26US$189.54
US$218.88
+15.5%
6.8%US$257.00US$181.00n/a20
Feb ’26US$200.34
US$218.36
+9.0%
6.9%US$257.00US$181.00n/a20
Jan ’26US$192.93
US$217.13
+12.5%
6.8%US$242.00US$181.00n/a20
Dec ’25US$214.72
US$207.68
-3.3%
9.0%US$235.00US$175.00n/a20
Nov ’25US$187.85
US$202.63
+7.9%
7.8%US$229.00US$175.00n/a20
Oct ’25US$180.68
US$188.63
+4.4%
7.7%US$214.00US$162.00n/a20
Sep ’25US$184.48
US$187.55
+1.7%
7.5%US$209.00US$162.00n/a21
Aug ’25US$175.83
US$185.69
+5.6%
8.1%US$209.00US$160.00n/a21
Jul ’25US$157.01
US$169.57
+8.0%
7.1%US$199.00US$152.00n/a21
Jun ’25US$154.70
US$169.19
+9.4%
7.0%US$199.00US$152.00n/a21
May ’25US$153.76
US$168.96
+9.9%
6.9%US$199.00US$152.00n/a21
Apr ’25US$162.00
US$165.77
+2.3%
7.9%US$199.00US$145.00n/a21
Mar ’25US$147.00
US$163.53
+11.2%
8.1%US$199.00US$141.00US$189.5421
Feb ’25US$146.22
US$163.39
+11.7%
8.2%US$199.00US$141.00US$200.3421
Jan ’25US$155.14
US$147.04
-5.2%
11.0%US$180.00US$110.00US$192.9323
Dec ’24US$138.56
US$139.92
+1.0%
12.0%US$176.00US$110.00US$214.7222
Nov ’24US$113.22
US$139.00
+22.8%
12.3%US$176.00US$110.00US$187.8522
Oct ’24US$123.22
US$141.89
+15.2%
12.6%US$176.00US$110.00US$180.6822
Sep ’24US$122.65
US$142.63
+16.3%
11.9%US$176.00US$112.00US$184.4822
Aug ’24US$134.55
US$142.18
+5.7%
11.7%US$176.00US$112.00US$175.8322
Jul ’24US$126.40
US$143.02
+13.2%
12.2%US$186.00US$118.00US$157.0121
Jun ’24US$119.18
US$144.12
+20.9%
12.5%US$186.00US$118.00US$154.7021
May ’24US$132.24
US$145.71
+10.2%
13.2%US$186.00US$118.00US$153.7621
Apr ’24US$127.10
US$169.00
+33.0%
12.9%US$218.00US$132.00US$162.0021
Mar ’24US$156.20
US$174.33
+11.6%
9.9%US$218.00US$143.00US$147.0021
Analyst Price Target
Consensus Narrative from 20 Analysts
US$216.95
Fair Value
20.6% undervalued intrinsic discount
20
Number of Analysts

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

Discover undervalued companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/03/15 12:24
End of Day Share Price 2025/03/14 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

The PNC Financial Services Group, Inc. is covered by 56 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Stephen BiggarArgus Research Company
Christopher WheelerAtlantic Equities LLP
David GeorgeBaird