As of Apr 17, 2024, the BLK stock has a P/E ratio of 20.46. The calculation is based on the latest EPS of $36.85 and the stock price of $753.79 per share. The PE ratio currently is comparable to its last 4-quarter average.
The mean historical PE ratio of BlackRock over the last ten years is 18.38. The current 20.46 price-to-earnings ratio is 11% 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.
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's current PE ratio is higher than the 3, 5 and 10-year averages.
BLK's PE ratio is above its peer stocks BAC and PNC. BlackRock's current PE ratio of 20.46 is more than the average of its peers, which is 11.26.
| Stock name | PE ratio | Market cap |
|---|---|---|
| AMG Affiliated Managers Group Inc | 8.25 | $5.19B |
| BAC Bank Of America Corp | 11.54 | $281.6B |
| PNC Pnc Financial Services Group Inc | 11.55 | $58.83B |
| AB Alliancebernstein Holding Lp | 13.88 | $3.72B |
| BLK BlackRock Inc | 20.28 | $111.3B |
| IVZ Invesco Ltd | N/A | $6.86B |
The price to earnings ratio for BLK stock is 20.46 as of Apr 17, 2024.
Over the last 3 years, the average PE ratio for BLK stock is 20.08.
Over the last 5 years, the average PE ratio for BLK stock is 19.52.
The highest quarterly PE ratio in the last ten years has been 24.32 and it was in the Jun 2021 quarter.
BLK's current price to earnings ratio is 11% above its 10-year historical average.
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Apr 17, 2024), BlackRock's share price is $753.79. The company's earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $36.85. Therefore, BlackRock's price to earnings ratio for today is 20.46. PE RATIO(20.46) = STOCK PRICE($753.79) / TTM EPS($36.85)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.