As of Jul 25, 2024, the BLK stock has a P/E ratio of 21.07. The calculation is based on the latest EPS of $39.71 and the stock price of $836.54 per share. An increase of 4.1% has been observed in the PE ratio compared to its average of 20.2 of the past four quarters.
The mean historical PE ratio of BlackRock over the last ten years is 18.48. The current 21.07 price-to-earnings ratio is 14% 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 21.07 is more than the average of its peers, which is 13.08.
| Stock name | PE ratio | Market cap |
|---|---|---|
| AMG Affiliated Managers Group Inc | 8.83 | $5.64B |
| BAC Bank Of America Corp | 14.27 | $325.87B |
| AB Alliancebernstein Holding Lp | 14.51 | $4.03B |
| PNC Pnc Financial Services Group Inc | 15.21 | $72.1B |
| BLK BlackRock Inc | 21.56 | $127.23B |
| IVZ Invesco Ltd | N/A | $7.84B |
The price to earnings ratio for BLK stock is 21.07 as of Jul 25, 2024.
Over the last 3 years, the average PE ratio for BLK stock is 19.78.
Over the last 5 years, the average PE ratio for BLK stock is 19.69.
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 14% 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 (Jul 25, 2024), BlackRock's share price is $836.54. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $39.71. Therefore, BlackRock's price to earnings ratio for today is 21.07. PE RATIO(21.07) = STOCK PRICE($836.54) / TTM EPS($39.71)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.