A P-shaped pet leash comprises a strap having a first end and a second end, a snap hook connected to the first end, a retention ring connected to the second end, a handhold adjustment ring and a collar adjustment ring movably kept on the strap adjacent to the snap hook and the retention ring respectively. The snap hook is connected to the handhold adjustment ring, a resizable handhold is formed at the strap near the first end for a user to hold, sling across the user's shoulder, tie to the user's waist, or to tie the handhold to a ground object. The retention ring is connected to the collar adjustment ring, a pre-adjusted sized collar is formed at the strap near the second end to prevent the collar from tightening during the pet storm.