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LPLA LPL Financial Holdings PE ratio, current and historical analysis

The current PE ratio for LPL Financial Holdings stock as of Jun 21, 2024 is 20.82. This is calculated based on the TTM EPS of $13.43 and the stock price of $279.64 per share. The PE ratio marks an increase of 25% from its last 4 quarters average of 16.6.

LPLA PE ratio history

How has LPLA's PE ratio performed in the past

The average historical PE ratio of LPL Financial Holdings for the last ten years is 19.27. The current P/E ratio of 20.82 is 8% higher than the historical average. Looking back at the last ten years, LPLA's PE ratio peaked in the Mar 2022 quarter at 31.5, when the price was $182.68 and the EPS was $5.8. The lowest point was in the Mar 2020 quarter, when it reached 7.89 with a price of $54.43 and an EPS of $6.9.

Average
19.27
Median
18.47
Minimum
7.89
Maximum
31.5

LPL Financial Holdings PE ratio by year

Maximum annual increase: 59.18% in 2021

Maximum annual decrease: -43.23% in 2018

Year PE ratio Change
2023 16.4 -19.57%
2022 20.39 -26.76%
2021 27.84 59.18%
2020 17.49 28.51%
2019 13.61 11.19%
2018 12.24 -43.23%
2017 21.56 31.62%
2016 16.38 -32.03%
2015 24.1 -3.72%
2014 25.03 -7.43%

LPLA average PE ratio chart

What is the average PE ratio of LPLA for the past years

LPLA's current PE ratio is higher than the 5 and 10-year averages, but it is lower than its 3-year average.

3-year avg
22.37
5-year avg
19.14
10-year avg
19.27
15-year avg
N/A

LPLA PE vs peers

What is LPLA's PE ratio compared to its peers

LPLA's PE ratio stands lower than its peer stock SCHW, but it is higher than WFC's and MS's. LPL Financial Holdings's current PE ratio of 20.82 is higher than the average of its peers, which is 17.13.

Stock name PE ratio Market cap
WFC Wells Fargo & Company 11.98 $202.55B
TROW Price T Rowe Group Inc 14.01 $26.44B
RJF Raymond James Financial Inc 14.25 $25.02B
BK Bank of New York Mellon Corp 14.67 $43.99B
MS Morgan Stanley 17.33 $156.28B
LPLA LPL Financial Holdings Inc 20.82 $20.89B
SCHW Schwab Charles Corp 30.56 $134.08B

Frequently asked questions

What is LPL Financial Holdings's PE ratio?

As of Jun 21, 2024, LPLA stock has a price to earnings ratio of 20.82.

What is the 3-year average PE ratio for LPL Financial Holdings (LPLA)?

Over the last 3 years, the average price to earnings ratio for LPLA stock is 22.37.

What is the 5-year average PE ratio for LPL Financial Holdings (LPLA)?

Over the last 5 years, the average price to earnings ratio for LPLA stock is 19.14.

What is the highest PE ratio for LPLA?

Over the last ten years, the quarterly PE ratio reached its highest level at 31.5 in the Mar 2022 quarter.

How does the current PE ratio for LPLA compare to its historical average?

The current PE ratio of LPLA is 8% higher than the 10-year historical average.

How is LPLA's PE ratio calculated (LPL Financial Holdings PE ratio formula)?

The P/E ratio is calculated by taking the latest stock price and dividing it by the EPS for the last 12 months. As of today (Jun 21, 2024), LPL Financial Holdings's share price is $279.64. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $13.43. Therefore, LPL Financial Holdings's PE ratio for today is 20.82. PE RATIO(20.82) = STOCK PRICE($279.64) / TTM EPS($13.43)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.