As of Jul 25, 2024, the Price T Rowe Group stock's PE ratio is 13.67. This takes into account the latest EPS of $8.45 and stock price of $115.49. The PE ratio marks a decrease of 9% from its last 4 quarters average of 15.0.
The PE ratio of Price T Rowe Group has averaged 14.87 over the last ten years. The current P/E ratio of 13.67 is 8% 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.
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's current PE ratio is lower than its 3, 5 and 10-year averages.
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's current PE ratio of 13.67 is similar to the average of its peers, which is 13.47.
| Stock name | PE ratio | Market cap |
|---|---|---|
| AMG Affiliated Managers Group Inc | 8.83 | $5.64B |
| BEN Franklin Resources Inc | 13.19 | $12.14B |
| TROW Price T Rowe Group Inc | 13.26 | $25.02B |
| AB Alliancebernstein Holding Lp | 14.51 | $4.03B |
| AMP Ameriprise Financial Inc | 14.68 | $43.66B |
| BK Bank of New York Mellon Corp | 16.3 | $48.87B |
TROW stock has a price to earnings ratio of 13.67 as of Jul 25, 2024.
As an average over the last 3 years, TROW stock has a PE ratio of 14.45.
As an average over the last 5 years, TROW stock has a PE ratio of 14.35.
Over the last ten years, the Mar 2023 quarter recorded the highest quarterly PE ratio at 18.42.
TROW's price to earnings ratio is currently 8% below its 10-year historical average.
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 (Jul 25, 2024), Price T Rowe Group's share price is $115.49. 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 13.67. PE RATIO(13.67) = STOCK PRICE($115.49) / TTM EPS($8.45)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.