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PFG Principal Financial Group PE ratio, current and historical analysis

As at Oct 2, 2023, the PFG stock has a PE ratio of 10.42. This is based on the current EPS of $6.74 and the stock price of $70.21 per share. An increase of 79% has been seen in the P/E ratio compared to the average of 5.8 of the last 4 quarters.

PFG PE ratio history

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 10.32. The current 10.42 PE ratio is comparable to the historical average. Over the past ten years, PFG's PE ratio was at its highest in the Dec 2013 quarter at 16.49, with a price of $49.31 and an EPS of $2.99. The Sep 2022 quarter recorded the bottom point at 3.43, with a price of $72.15 and an EPS of $21.03.


Principal Financial Group PE ratio by year

Maximum annual increase: 50.32% in 2013

Maximum annual decrease: -61.48% in 2022

Year PE ratio Change
2022 4.38 -61.48%
2021 11.37 16.38%
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%
2013 16.49 50.32%

PFG average PE ratio chart

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
5-year avg
10-year avg
15-year avg

PFG PE vs peers

What is PFG's PE ratio compared to its peers

PFG's PE ratio is lower than its peer stocks PRU and PRI.

Stock name PE ratio Market cap
PFG Principal Financial Group Inc 10.1 $16.46B
PRI Primerica Inc 15.34 $6.72B
PRU Prudential Financial Inc 30.23 $33.13B

Frequently asked questions

What is Principal Financial Group's PE ratio?

As of Oct 2, 2023, PFG stock has a price to earnings ratio of 10.42.

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

As an average over the last 3 years, PFG stock has a PE ratio of 8.4.

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

As an average over the last 5 years, PFG stock has a PE ratio of 8.87.

What is the highest PE ratio for PFG?

Over the last ten years, the quarterly PE ratio reached a historic high of 16.49 in the Dec 2013 quarter.

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

PFG's current price to earnings ratio is 1% above its 10-year historical average.

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

To determine the PE ratio, divide the most recent stock price by the TTM earnings per share (EPS). As of today (Oct 2, 2023), Principal Financial Group's stock price is $70.21. The earnings per share for the trailing twelve months (TTM) ending Jun 2023 is $6.74. Therefore, Principal Financial Group's P/E ratio for today is 10.42. PE RATIO(10.42) = STOCK PRICE($70.21) / TTM EPS($6.74)

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