BLK BlackRock PE ratio, current and historical analysis
As of Nov 21, 2024, the BLK stock has a P/E ratio of 25.29. The calculation is based on the latest EPS of $40.65 and the stock price of $1,028 per share. An increase of 26% has been observed in the PE ratio compared to its average of 20.1 of the past four quarters.
BLK PE ratio history
The mean historical PE ratio of BlackRock over the last ten years is 18.55. The current 25.29 price-to-earnings ratio is 36% more than the historical average. Analyzing the last ten years, BLK's PE ratio reached its highest point in the Jun 2021 quarter at 24.32, with a price of $874.97 and an EPS of $35.97. The Sep 2018 quarter saw the lowest point at 13.39, with a price of $471.33 and an EPS of $35.2.
BlackRock PE ratio by year
Maximum annual increase: 28.2% in 2020
Maximum annual decrease: -14.84% in 2017
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 22.03 | 6.68% |
| 2022 | 20.65 | -12.57% |
| 2021 | 23.62 | 5.16% |
| 2020 | 22.46 | 28.2% |
| 2019 | 17.52 | 19.84% |
| 2018 | 14.62 | -13.08% |
| 2017 | 16.82 | -14.84% |
| 2016 | 19.75 | 16.59% |
| 2015 | 16.94 | -7.23% |
| 2014 | 18.26 | -0.6% |
BLK average PE ratio chart
BLK's current PE ratio is higher than the 3, 5 and 10-year averages.
BLK PE vs peers
BLK's PE ratio is above its peer stocks BAC and PNC. BlackRock's current PE ratio of 25.29 is more than the average of its peers, which is 13.92.
| Stock name | PE ratio | Market cap |
|---|---|---|
| AB Alliancebernstein Holding Lp | 10.52 | $4.17B |
| AMG Affiliated Managers Group Inc | 11.07 | $5.64B |
| BAC Bank Of America Corp | 16.71 | $356.48B |
| PNC Pnc Financial Services Group Inc | 17.38 | $81.64B |
| BLK BlackRock Inc | 25.29 | $152.28B |
| IVZ Invesco Ltd | N/A | $7.95B |
Frequently asked questions
What is BlackRock's PE ratio?
The price to earnings ratio for BLK stock is 25.29 as of Nov 21, 2024.
What is the 3-year average PE ratio for BlackRock (BLK)?
Over the last 3 years, the average PE ratio for BLK stock is 19.54.
What is the 5-year average PE ratio for BlackRock (BLK)?
Over the last 5 years, the average PE ratio for BLK stock is 19.82.
What is the highest PE ratio for BLK?
The current PE of 25.29 represents the highest historical value in the last ten years.
How does the current PE ratio for BLK compare to its historical average?
BLK's current price to earnings ratio is 36% above its 10-year historical average.
How is BLK's PE ratio calculated (BlackRock PE ratio formula)?
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Nov 21, 2024), BlackRock's share price is $1,028. The company's earnings per share for the trailing twelve months (TTM) ending Jun 2024 is $40.65. Therefore, BlackRock's price to earnings ratio for today is 25.29. PE RATIO(25.29) = STOCK PRICE($1,028) / TTM EPS($40.65)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.