MS Morgan Stanley PE ratio, current and historical analysis
As of Feb 22, 2025, the MS stock has a PE ratio of 16.38. The calculation is based on the latest EPS of $8.04 and the stock price of $131.69 per share. An increase of 2.3% has been observed in the PE ratio compared to its average of 16.0 of the last four quarters.
MS PE ratio history
The mean historical PE ratio of Morgan Stanley over the last ten years is 12.64. The current 16.38 P/E ratio is 30% higher than the historical average. Looking back at the last ten years, MS's PE ratio peaked in the Jun 2015 quarter at 19.2, with a price of $38.79 and an EPS of $2.02. The Mar 2020 quarter marked the lowest point at 7, with a price of $34 and an EPS of $4.86.
Morgan Stanley PE ratio by year
Maximum annual increase: 32.4% in 2016
Maximum annual decrease: -54.73% in 2015
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2024 | 15.64 | -12.13% | $125.72 | $8.04 |
| 2023 | 17.8 | 30.4% | $93.25 | $5.24 |
| 2022 | 13.65 | 13.47% | $85.02 | $6.23 |
| 2021 | 12.03 | 15.01% | $98.16 | $8.16 |
| 2020 | 10.46 | 7.61% | $68.53 | $6.55 |
| 2019 | 9.72 | 17.96% | $51.12 | $5.26 |
| 2018 | 8.24 | -50.69% | $39.65 | $4.81 |
| 2017 | 16.71 | 17.84% | $52.47 | $3.14 |
| 2016 | 14.18 | 32.4% | $42.25 | $2.98 |
| 2015 | 10.71 | -54.73% | $31.81 | $2.97 |
| 2014 | 23.66 | 4.88% | $38.8 | $1.64 |
| 2013 | 22.56 | N/A | $31.36 | $1.39 |
| 2012 | N/A | N/A | $19.12 | -$0.02 |
| 2011 | 12.1 | 17.36% | $15.13 | $1.25 |
| 2010 | 10.31 | N/A | $27.21 | $2.64 |
Morgan Stanley PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Dec 2024 | 15.64 | 0.06% | $125.72 | $8.04 |
| Sep 2024 | 15.63 | -1.08% | $104.24 | $6.67 |
| Jun 2024 | 15.8 | -6.89% | $97.19 | $6.15 |
| Mar 2024 | 16.97 | -4.66% | $94.16 | $5.55 |
| Dec 2023 | 17.8 | 22.93% | $93.25 | $5.24 |
| Sep 2023 | 14.48 | -2.69% | $81.67 | $5.64 |
| Jun 2023 | 14.88 | -0.2% | $85.4 | $5.74 |
| Mar 2023 | 14.91 | 9.23% | $87.8 | $5.89 |
| Dec 2022 | 13.65 | 20.58% | $85.02 | $6.23 |
| Sep 2022 | 11.32 | 11.64% | $79.01 | $6.98 |
| Jun 2022 | 10.14 | -7.4% | $76.06 | $7.5 |
| Mar 2022 | 10.95 | -8.98% | $87.4 | $7.98 |
| Dec 2021 | 12.03 | -1.31% | $98.16 | $8.16 |
| Sep 2021 | 12.19 | 1.67% | $97.31 | $7.98 |
| Jun 2021 | 11.99 | 19.66% | $91.69 | $7.65 |
MS average PE ratio chart
MS's current PE ratio is higher than the 3, 5 and 10-year averages.
MS PE vs peers
In comparison to its peers GS and C, MS's PE ratio is lower, but it is higher than JPM's and BAC's. Morgan Stanley's PE ratio is trading below the peer average of 17.53.
| Stock name | PE ratio | Market cap |
|---|---|---|
| C Citigroup Inc | 13.21 | $150.1B |
| JPM Jpmorgan Chase & Co | 13.35 | $738.84B |
| BAC Bank Of America Corp | 16.12 | $343.82B |
| MS Morgan Stanley | 16.38 | $212.4B |
| GS Goldman Sachs Group Inc | 18.16 | $196.38B |
Frequently asked questions
What is Morgan Stanley's PE ratio?
MS's price to earnings ratio is 16.38 as of Feb 22, 2025.
What is the 3-year average PE ratio for Morgan Stanley (MS)?
Over the last 3 years, the average price to earnings ratio for MS stock is 14.35.
What is the 5-year average PE ratio for Morgan Stanley (MS)?
Over the last 5 years, the average price to earnings ratio for MS stock is 12.63.
What is the highest PE ratio for MS?
Over the last ten years, the Jun 2015 quarter recorded the highest quarterly PE ratio at 19.2.
How does the current PE ratio for MS compare to its historical average?
MS's current price to earnings ratio is 30% above its 10-year historical average.
How is MS's PE ratio calculated (Morgan Stanley PE ratio formula)?
You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (Feb 22, 2025), Morgan Stanley's share price is $131.69. The company's earnings per share for the trailing twelve months (TTM) ending Dec 2024 is $8.04. Therefore, Morgan Stanley's PE ratio for today is 16.38. PE RATIO(16.38) = STOCK PRICE($131.69) / TTM EPS($8.04)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.