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BK Bank of New York Mellon PE ratio, current and historical analysis

As of Apr 22, 2024, the Bank of New York Mellon stock's PE ratio is 14.69. This takes into account the latest EPS of $3.89 and stock price of $57.16. The PE ratio has grown by 16% from its last 4 quarters average of 12.6.

BK PE ratio history

How has BK's PE ratio performed in the past

The PE ratio of Bank of New York Mellon has averaged 13.23 over the last ten years. The current P/E ratio of 14.69 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.

Average
13.23
Median
13.2
Minimum
7.26
Maximum
18.7

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

What is the average PE ratio of BK for the past years

Currently, BK's PE ratio is higher than the 3, 5 and 10-year averages.

3-year avg
12.81
5-year avg
11.68
10-year avg
13.23
15-year avg
13.95

BK PE vs peers

What is BK's PE ratio compared to its peers

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 14.69 is higher than the average of its peers, which is 13.75.

Stock name PE ratio Market cap
JPM Jpmorgan Chase & Co 11.66 $545.57B
WFC Wells Fargo & Company 12.52 $218.58B
STT State Street Corp 13.19 $22.5B
BK Bank of New York Mellon Corp 14.69 $43.12B
C Citigroup Inc 14.98 $116.5B
NTRS Northern Trust Corp 16.41 $17.11B

Frequently asked questions

What is Bank of New York Mellon's PE ratio?

The price to earnings ratio for BK stock is 14.69 as of Apr 22, 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 12.81.

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 11.68.

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 11% 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 (Apr 22, 2024), Bank of New York Mellon's share price is $57.16. 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 14.69. PE RATIO(14.69) = STOCK PRICE($57.16) / TTM EPS($3.89)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.