BK Bank of New York Mellon PE ratio, current and historical analysis
As of Nov 21, 2024, the Bank of New York Mellon stock's PE ratio is 17.49. This takes into account the latest EPS of $4.51 and stock price of $78.88. The PE ratio has grown by 21% from its last 4 quarters average of 14.5.
BK PE ratio history
The PE ratio of Bank of New York Mellon has averaged 13.21 over the last ten years. The current P/E ratio of 17.49 is 32% 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.
Bank of New York Mellon PE ratio by year
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% |
BK average PE ratio chart
Currently, BK's PE ratio is higher than the 3, 5 and 10-year averages.
BK PE vs peers
BK's PE ratio stands lower than its peer stock C, but it is higher than JPM's and WFC's. Bank of New York Mellon's current PE ratio of 17.49 is higher than the average of its peers, which is 15.36.
| Stock name | PE ratio | Market cap |
|---|---|---|
| NTRS Northern Trust Corp | 13.5 | $21.59B |
| JPM Jpmorgan Chase & Co | 13.59 | $689.08B |
| STT State Street Corp | 14.89 | $28.24B |
| WFC Wells Fargo & Company | 15.33 | $249.15B |
| BK Bank of New York Mellon Corp | 17.49 | $57.35B |
| C Citigroup Inc | 19.48 | $130.4B |
Frequently asked questions
What is Bank of New York Mellon's PE ratio?
The price to earnings ratio for BK stock is 17.49 as of Nov 21, 2024.
What is the 3-year average PE ratio for Bank of New York Mellon (BK)?
The average PE ratio for BK stock over the past 3 years is 13.25.
What is the 5-year average PE ratio for Bank of New York Mellon (BK)?
The average PE ratio for BK stock over the past 5 years is 12.16.
What is the highest PE ratio for BK?
The highest quarterly PE ratio in the last ten years has been 18.7 and it was in the Dec 2014 quarter.
How does the current PE ratio for BK compare to its historical average?
BK's price to earnings ratio is currently 32% above its 10-year historical average.
How is BK's PE ratio calculated (Bank of New York Mellon PE ratio formula)?
The P/E ratio is obtained by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Nov 21, 2024), Bank of New York Mellon's share price is $78.88. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $4.51. Therefore, Bank of New York Mellon's PE ratio for today is 17.49. PE RATIO(17.49) = STOCK PRICE($78.88) / TTM EPS($4.51)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.