PFG Principal Financial Group PE ratio, current and historical analysis
As at Oct 3, 2024, the PFG stock has a PE ratio of 15.81. This is based on the current EPS of $5.35 and the stock price of $84.6 per share. A decrease of 13% has been seen in the P/E ratio compared to the average of 18.1 of the last 4 quarters.
PFG PE ratio history
The mean historical PE ratio of Principal Financial Group over the last ten years is 10.75. The current 15.81 PE ratio is 47% 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.
Principal Financial Group PE ratio by year
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% |
PFG average PE ratio chart
PFG's current P/E ratio is above the 3, 5 and 10-year historical averages.
PFG PE vs peers
PFG's PE ratio is lower than its peer stock PRI, but it is greater than PRU's.
| Stock name | PE ratio | Market cap |
|---|---|---|
| PRU Prudential Financial Inc | 15.26 | $42.45B |
| PFG Principal Financial Group Inc | 15.81 | $19.59B |
| PRI Primerica Inc | 21.46 | $9.07B |
Frequently asked questions
What is Principal Financial Group's PE ratio?
As of Oct 3, 2024, PFG stock has a price to earnings ratio of 15.81.
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 11.54.
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 10.74.
What is the highest PE ratio for PFG?
Over the last ten years, the quarterly PE ratio reached a historic high of 30.49 in the Dec 2023 quarter.
How does the current PE ratio for PFG compare to its historical average?
PFG's current price to earnings ratio is 47% 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 3, 2024), Principal Financial Group's stock price is $84.6. The earnings per share for the trailing twelve months (TTM) ending Jun 2024 is $5.35. Therefore, Principal Financial Group's P/E ratio for today is 15.81. PE RATIO(15.81) = STOCK PRICE($84.6) / TTM EPS($5.35)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.