Back to PFG overview
#
PFG Principal Financial Group
PE ratio, current and historical analysis

## PFG PE ratio history

### Principal Financial Group PE ratio by year

## PFG average PE ratio chart

## PFG PE vs peers

## Frequently asked questions

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What is Principal Financial Group's PE ratio?

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What is the 3-year average PE ratio for Principal Financial Group (PFG)?

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What is the 5-year average PE ratio for Principal Financial Group (PFG)?

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What is the highest PE ratio for PFG?

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

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How is PFG's PE ratio calculated (Principal Financial Group PE ratio formula)?

As at Jun 20, 2024, the PFG stock has a PE ratio of 14.75. This is based on the current EPS of $5.44 and the stock price of $80.25 per share. A decrease of 15% has been seen in the P/E ratio compared to the average of 17.4 of the last 4 quarters.

How has PFG's PE ratio performed in the past

The mean historical PE ratio of Principal Financial Group over the last ten years is 10.83. The current 14.75 PE ratio is 36% above the historical average. Over the past ten years, PFG's PE ratio was at its highest in the Dec 2023 quarter at 30.49, with a price of $78.67 and an EPS of $2.58. The Sep 2022 quarter recorded the bottom point at 3.56, with a price of $72.15 and an EPS of $20.26.

Average

10.83

Median

10.85

Minimum

3.56

Maximum

30.49

Maximum annual increase: 588.26% in 2023

Maximum annual decrease: -64.04% in 2022

Year | PE ratio | Change |
---|---|---|

2023 | 30.49 | 588.26% |

2022 | 4.43 | -64.04% |

2021 | 12.32 | 26.1% |

2020 | 9.77 | -11.18% |

2019 | 11 | 34.8% |

2018 | 8.16 | -7.48% |

2017 | 8.82 | -30.66% |

2016 | 12.72 | 16.27% |

2015 | 10.94 | -22.08% |

2014 | 14.04 | -14.86% |

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

PFG's current P/E ratio is above the 3, 5 and 10-year historical averages.

3-year avg

11.11

5-year avg

10.61

10-year avg

10.83

15-year avg

11.85

What is PFG's PE ratio compared to its peers

PFG's PE ratio is lower than its peer stock PRU, but it is greater than PRI's.

Stock name | PE ratio | Market cap |
---|---|---|

PRI Primerica Inc | 14.65 | $8.29B |

PFG Principal Financial Group Inc | 14.75 | $18.81B |

PRU Prudential Financial Inc | 19.97 | $42.07B |

As of Jun 20, 2024, PFG stock has a price to earnings ratio of 14.75.

As an average over the last 3 years, PFG stock has a PE ratio of 11.11.

As an average over the last 5 years, PFG stock has a PE ratio of 10.61.

Over the last ten years, the quarterly PE ratio reached a historic high of 30.49 in the Dec 2023 quarter.

PFG's current price to earnings ratio is 36% above its 10-year historical average.

To determine the PE ratio, divide the most recent stock price by the TTM earnings per share (EPS). As of today (Jun 20, 2024), Principal Financial Group's stock price is $80.25. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $5.44. Therefore, Principal Financial Group's P/E ratio for today is 14.75. `PE RATIO(14.75) = STOCK PRICE($80.25) / TTM EPS($5.44)`

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