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BLK BlackRock PE ratio, current and historical analysis

As of Jun 21, 2024, the BLK stock has a P/E ratio of 19.83. The calculation is based on the latest EPS of $39.71 and the stock price of $787.6 per share. A decrease of 2% has been observed in the PE ratio compared to its average of 20.2 of the past four quarters.

BLK PE ratio history

How has BLK's PE ratio performed in the past

The mean historical PE ratio of BlackRock over the last ten years is 18.45. The current 19.83 price-to-earnings ratio is 7% 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.

Average
18.45
Median
18.13
Minimum
13.39
Maximum
24.32

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

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

BLK's current PE ratio is higher than the 5 and 10-year averages, but it is under its 3-year average.

3-year avg
20.16
5-year avg
19.59
10-year avg
18.45
15-year avg
19.08

BLK PE vs peers

What is BLK's PE ratio compared to its peers

BLK's PE ratio is above its peer stocks BAC and PNC. BlackRock's current PE ratio of 19.83 is more than the average of its peers, which is 12.03.

Stock name PE ratio Market cap
AMG Affiliated Managers Group Inc 7.83 $5B
PNC Pnc Financial Services Group Inc 12.86 $60.96B
BAC Bank Of America Corp 13.52 $308.83B
AB Alliancebernstein Holding Lp 13.91 $3.86B
BLK BlackRock Inc 19.83 $117.04B
IVZ Invesco Ltd N/A $6.79B

Frequently asked questions

What is BlackRock's PE ratio?

The price to earnings ratio for BLK stock is 19.83 as of Jun 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 20.16.

What is the 5-year average PE ratio for BlackRock (BLK)?

Over the last 5 years, the average PE ratio for BLK stock is 19.59.

What is the highest PE ratio for BLK?

The highest quarterly PE ratio in the last ten years has been 24.32 and it was in the Jun 2021 quarter.

How does the current PE ratio for BLK compare to its historical average?

BLK's current price to earnings ratio is 7% 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 (Jun 21, 2024), BlackRock's share price is $787.6. 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 19.83. PE RATIO(19.83) = STOCK PRICE($787.6) / TTM EPS($39.71)

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