As of Apr 25, 2024, the Bank of New York Mellon stock's PE ratio is 14.7. This takes into account the latest EPS of $3.89 and stock price of $57.18. The PE ratio has grown by 16% from its last 4 quarters average of 12.6.
The PE ratio of Bank of New York Mellon has averaged 13.23 over the last ten years. The current P/E ratio of 14.7 is 11% higher than the historical average. Looking back at the last ten years, BK's PE ratio peaked in the Dec 2014 quarter at 18.7, when the price was $40.57 and the EPS was $2.17. The lowest point was in the Mar 2020 quarter, when it reached 7.26 with a price of $33.68 and an EPS of $4.64.
Maximum annual increase: 26.06% in 2021
Maximum annual decrease: -19.51% in 2018
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 13.38 | -14.45% |
| 2022 | 15.64 | 12.28% |
| 2021 | 13.93 | 26.06% |
| 2020 | 11.05 | -0.54% |
| 2019 | 11.11 | -4.14% |
| 2018 | 11.59 | -19.51% |
| 2017 | 14.4 | -3.94% |
| 2016 | 14.99 | -0.73% |
| 2015 | 15.1 | -19.25% |
| 2014 | 18.7 | -6.87% |
Currently, BK's PE ratio is higher than the 3, 5 and 10-year averages.
BK's PE ratio stands lower than its peer stocks C and NTRS, but it is higher than JPM's and WFC's. Bank of New York Mellon's current PE ratio of 14.7 is higher than the average of its peers, which is 14.14.
| Stock name | PE ratio | Market cap |
|---|---|---|
| JPM Jpmorgan Chase & Co | 11.9 | $556.98B |
| WFC Wells Fargo & Company | 12.28 | $214.4B |
| STT State Street Corp | 12.97 | $22.13B |
| BK Bank of New York Mellon Corp | 14.7 | $43.14B |
| C Citigroup Inc | 15.18 | $118.1B |
| NTRS Northern Trust Corp | 18.38 | $17.07B |
The price to earnings ratio for BK stock is 14.7 as of Apr 25, 2024.
The average PE ratio for BK stock over the past 3 years is 12.81.
The average PE ratio for BK stock over the past 5 years is 11.68.
The highest quarterly PE ratio in the last ten years has been 18.7 and it was in the Dec 2014 quarter.
BK's price to earnings ratio is currently 11% above its 10-year historical average.
The P/E ratio is obtained by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Apr 25, 2024), Bank of New York Mellon's share price is $57.18. The company's earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $3.89. Therefore, Bank of New York Mellon's PE ratio for today is 14.7. PE RATIO(14.7) = STOCK PRICE($57.18) / TTM EPS($3.89)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.