As of Jul 25, 2024, the NTRS stock has a P/E ratio of 19.38. The calculation is based on the latest EPS of $4.54 and the stock price of $87.98 per share. An increase of 24% has been observed in the PE ratio compared to its average of 15.6 of the past four quarters.
The mean historical PE ratio of Northern Trust over the last ten years is 16.58. The current 19.38 price-to-earnings ratio is 17% more than the historical average. Analyzing the last ten years, NTRS's PE ratio reached its highest point in the Sep 2014 quarter at 22.23, with a price of $68.03 and an EPS of $3.06. The Mar 2020 quarter saw the lowest point at 11.21, with a price of $75.46 and an EPS of $6.73.
Maximum annual increase: 27.5% in 2019
Maximum annual decrease: -38.01% in 2018
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 16.58 | 15.38% |
| 2022 | 14.37 | -14% |
| 2021 | 16.71 | -1.71% |
| 2020 | 17 | 6.58% |
| 2019 | 15.95 | 27.5% |
| 2018 | 12.51 | -38.01% |
| 2017 | 20.18 | -1.42% |
| 2016 | 20.47 | 14.42% |
| 2015 | 17.89 | -11.35% |
| 2014 | 20.18 | -1.85% |
Currently, NTRS's PE ratio is above its 3, 5 and 10-year averages.
NTRS's PE ratio is above its peer stocks JPM and WFC. Northern Trust is currently trading at a higher PE ratio (19.38) than its peers average of 13.82.
| Stock name | PE ratio | Market cap |
|---|---|---|
| COF Capital One Financial Corp | 11.67 | $57.04B |
| WFC Wells Fargo & Company | 12.45 | $210.54B |
| JPM Jpmorgan Chase & Co | 12.79 | $609.48B |
| WAFD Washington Federal Inc | 13.63 | $2.92B |
| BOKF Bok Financial Corp | 15.38 | $6.83B |
| STT State Street Corp | 15.59 | $25.69B |
| BK Bank of New York Mellon Corp | 16.3 | $48.87B |
| NTRS Northern Trust Corp | 19.7 | $18.3B |
| NYCB New York Community Bancorp Inc | N/A | $3.07B |
The price to earnings ratio for NTRS stock as of Jul 25, 2024, stands at 19.38.
The 3-year average PE ratio for NTRS stock is 15.12.
The 5-year average PE ratio for NTRS stock is 15.15.
The highest quarterly PE ratio in the last ten years has been 22.23 and it was in the Sep 2014 quarter.
NTRS's current price to earnings ratio is 17% above its 10-year historical average.
The P/E ratio is calculated by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Jul 25, 2024), Northern Trust's share price is $87.98. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $4.54. Therefore, Northern Trust's price to earnings ratio for today is 19.38. PE RATIO(19.38) = STOCK PRICE($87.98) / TTM EPS($4.54)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.