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TROW Price T Rowe Group PE ratio, current and historical analysis

As of Jun 18, 2024, the Price T Rowe Group stock's PE ratio is 13.91. This takes into account the latest EPS of $8.45 and stock price of $117.57. The PE ratio marks a decrease of 7% from its last 4 quarters average of 15.0.

TROW PE ratio history

How has TROW's PE ratio performed in the past

The PE ratio of Price T Rowe Group has averaged 14.98 over the last ten years. The current P/E ratio of 13.91 is 7% lower than the historical average. Looking back at the last ten years, TROW's PE ratio peaked in the Jun 2014 quarter at 18.97, when the price was $84.41 and the EPS was $4.45. The lowest point was in the Jun 2022 quarter, when it reached 10.87 with a price of $113.61 and an EPS of $10.45.

Average
14.98
Median
14.77
Minimum
10.87
Maximum
18.97

Price T Rowe Group PE ratio by year

Maximum annual increase: 11.4% in 2017

Maximum annual decrease: -27.94% in 2018

Year PE ratio Change
2023 13.84 -14.62%
2022 16.21 9.23%
2021 14.84 -1.2%
2020 15.02 8.76%
2019 13.81 10.83%
2018 12.46 -27.94%
2017 17.29 11.4%
2016 15.52 2.92%
2015 15.08 -17.82%
2014 18.35 -11.95%

TROW average PE ratio chart

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

TROW's current PE ratio is lower than its 3, 5 and 10-year averages.

3-year avg
14.53
5-year avg
14.31
10-year avg
14.98
15-year avg
17.51

TROW PE vs peers

What is TROW's PE ratio compared to its peers

TROW's PE ratio stands lower than its peer stocks BK and AMP, but it is higher than BEN's and AMG's. Price T Rowe Group is currently trading at a higher PE ratio (13.91) than its peers average of 12.7.

Stock name PE ratio Market cap
AMG Affiliated Managers Group Inc 7.64 $4.88B
BEN Franklin Resources Inc 12.8 $11.78B
AB Alliancebernstein Holding Lp 13.86 $3.85B
TROW Price T Rowe Group Inc 13.91 $26.25B
AMP Ameriprise Financial Inc 14.59 $43.41B
BK Bank of New York Mellon Corp 14.63 $43.88B

Frequently asked questions

What is Price T Rowe Group's PE ratio?

TROW stock has a price to earnings ratio of 13.91 as of Jun 18, 2024.

What is the 3-year average PE ratio for Price T Rowe Group (TROW)?

As an average over the last 3 years, TROW stock has a PE ratio of 14.53.

What is the 5-year average PE ratio for Price T Rowe Group (TROW)?

As an average over the last 5 years, TROW stock has a PE ratio of 14.31.

What is the highest PE ratio for TROW?

Over the last ten years, the Jun 2014 quarter recorded the highest quarterly PE ratio at 18.97.

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

TROW's price to earnings ratio is currently 7% below its 10-year historical average.

How is TROW's PE ratio calculated (Price T Rowe Group 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 18, 2024), Price T Rowe Group's share price is $117.57. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $8.45. Therefore, Price T Rowe Group's PE ratio for today is 13.91. PE RATIO(13.91) = STOCK PRICE($117.57) / TTM EPS($8.45)

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