The price-to-earnings ratio for Franklin Resources stock stands at 13.36 as of May 3, 2024. This is based on the current EPS of $1.75 and the stock price of $23.38 per share. A decrease of 15% has been recorded in the PE ratio compared to the average of 15.7 of the last four quarters.
Over the last ten years, the average PE ratio of Franklin Resources has been 14.17. The current 13.36 P/E ratio is 6% lower than the historical average. In the past ten years, BEN's PE ratio peaked in the Dec 2017 quarter at 37.03, with a price of $43.33 and an EPS of $1.17. The Jun 2022 quarter marked the lowest point at 6.9, with a price of $23.31 and an EPS of $3.38.
Maximum annual increase: 67.92% in 2023
Maximum annual decrease: -43.88% in 2019
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 14.29 | 67.92% |
| 2022 | 8.51 | 2.53% |
| 2021 | 8.3 | -35.16% |
| 2020 | 12.8 | 4.23% |
| 2019 | 12.28 | -43.88% |
| 2018 | 21.88 | 47.94% |
| 2017 | 14.79 | 22.23% |
| 2016 | 12.1 | 6.8% |
| 2015 | 11.33 | -21.37% |
| 2014 | 14.41 | -3.93% |
The current PE ratio of BEN is higher than its 3 and 5-year historical averages, but it is lower than the 10-year average.
In comparison to its peer BLK, BEN's PE ratio is lower, but it is higher than TROW's and AMG's.
| Stock name | PE ratio | Market cap |
|---|---|---|
| AMG Affiliated Managers Group Inc | 8.36 | $5.26B |
| TROW Price T Rowe Group Inc | 13.2 | $24.9B |
| BEN Franklin Resources Inc | 13.36 | $12.3B |
| BLK BlackRock Inc | 20.73 | $113.78B |
| IVZ Invesco Ltd | N/A | $6.68B |
As of May 3, 2024, BEN stock has a price to earnings ratio of 13.36.
The 3-year average price to earnings ratio for BEN stock is 12.14.
The 5-year average price to earnings ratio for BEN stock is 12.13.
Over the last ten years, the quarterly PE ratio reached a historic high of 37.03 in the Dec 2017 quarter.
BEN's current price to earnings ratio is 6% 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 (May 3, 2024), Franklin Resources's stock price is $23.38. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $1.75. Therefore, Franklin Resources's PE ratio for today is 13.36. PE RATIO(13.36) = STOCK PRICE($23.38) / TTM EPS($1.75)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.