MS Morgan Stanley PE ratio, current and historical analysis
- Stocks
- Financial Services
- NYSE: MS
- PE Ratio
As of Aug 13, 2025, the MS stock has a PE ratio of 16.55. The calculation is based on the latest EPS of $8.93 and the stock price of $147.76 per share. An increase of 9% has been observed in the PE ratio compared to its average of 15.1 of the last four quarters.
MS PE ratio history
The mean historical PE ratio of Morgan Stanley over the last ten years is 12.46. The current 16.55 P/E ratio is 33% higher than the historical average. Looking back at the last ten years, MS's PE ratio peaked in the Sep 2015 quarter at 18.98, with a price of $31.5 and an EPS of $1.66. 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 |
|---|---|---|---|---|
| Jun 2025 | 15.77 | 16.64% | $140.86 | $8.93 |
| Mar 2025 | 13.52 | -13.55% | $116.67 | $8.63 |
| 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 |
MS Price vs fair value
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 peer stocks JPM and BAC, MS's PE ratio is higher. Morgan Stanley's PE ratio is trading above the peer average of 14.64.
| Stock name | PE ratio | Market cap |
|---|---|---|
| BAC Bank Of America Corp | 13.77 | $352.94B |
| C Citigroup Inc | 13.89 | $175.66B |
| JPM Jpmorgan Chase & Co | 15.05 | $808.4B |
| GS Goldman Sachs Group Inc | 16.28 | $226.13B |
| MS Morgan Stanley | 16.6 | $236.7B |
Frequently asked questions
What is Morgan Stanley's PE ratio?
MS's price to earnings ratio is 16.55 as of Aug 13, 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 15.03.
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 13.31.
What is the highest PE ratio for MS?
Over the last ten years, the Sep 2015 quarter recorded the highest quarterly PE ratio at 18.98.
How does the current PE ratio for MS compare to its historical average?
MS's current price to earnings ratio is 33% 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 (Aug 13, 2025), Morgan Stanley's share price is $147.76. The company's earnings per share for the trailing twelve months (TTM) ending Jun 2025 is $8.93. Therefore, Morgan Stanley's PE ratio for today is 16.55. PE RATIO(16.55) = STOCK PRICE($147.76) / TTM EPS($8.93)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.