TROW Price T Rowe Group PE ratio, current and historical analysis
As of Nov 21, 2024, the Price T Rowe Group stock's PE ratio is 12.92. This takes into account the latest EPS of $9.15 and stock price of $118.18. The PE ratio marks a decrease of 3.9% from its last 4 quarters average of 13.4.
TROW PE ratio history
The PE ratio of Price T Rowe Group has averaged 14.71 over the last ten years. The current P/E ratio of 12.92 is 12% lower than the historical average. Looking back at the last ten years, TROW's PE ratio peaked in the Mar 2023 quarter at 18.42, when the price was $112.9 and the EPS was $6.13. 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.
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
TROW's current PE ratio is lower than its 3, 5 and 10-year averages.
TROW PE vs peers
TROW's PE ratio stands lower than its peer stocks BK and AMP, but it is higher than AMG's and AB's. Price T Rowe Group is currently trading at a lower PE ratio (12.92) than its peers average of 17.22.
| Stock name | PE ratio | Market cap |
|---|---|---|
| AB Alliancebernstein Holding Lp | 10.52 | $4.17B |
| AMG Affiliated Managers Group Inc | 11.07 | $5.64B |
| TROW Price T Rowe Group Inc | 12.92 | $26.25B |
| BK Bank of New York Mellon Corp | 17.49 | $57.35B |
| AMP Ameriprise Financial Inc | 21.49 | $55.32B |
| BEN Franklin Resources Inc | 25.55 | $11.37B |
Frequently asked questions
What is Price T Rowe Group's PE ratio?
TROW stock has a price to earnings ratio of 12.92 as of Nov 21, 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 14.14.
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 14.19.
What is the highest PE ratio for TROW?
Over the last ten years, the Mar 2023 quarter recorded the highest quarterly PE ratio at 18.42.
How does the current PE ratio for TROW compare to its historical average?
TROW's price to earnings ratio is currently 12% 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 (Nov 21, 2024), Price T Rowe Group's share price is $118.18. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $9.15. Therefore, Price T Rowe Group's PE ratio for today is 12.92. PE RATIO(12.92) = STOCK PRICE($118.18) / TTM EPS($9.15)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.