MS currently shows a PE to growth ratio reading of 0.63 as of Jun 10, 2026. This result reflects a P/E ratio of 18.52 measured against EPS growth of 29.3%. When compared to the trailing 4-quarter average of 0.45, MS's PEG ratio reflects a 40% increase.
A ten years lookback reveals an average PEG ratio of 2.33 for Morgan Stanley. Compared to historical data, MS's 0.63 PEG ratio represents a drop of 73%. MS hit its maximum PEG ratio of 47.27 during the Dec 2016 quarter over the last ten years. The Dec 2018 quarter marked the lowest reading at 0.15, indicating the most favorable growth-adjusted valuation.
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| 2025 | 0.61 | 17.2 | 28.4% |
| 2024 | 0.29 | 15.64 | 53.4% |
| 2023 | N/A | 17.8 | -15.9% |
| 2022 | N/A | 13.65 | -23.7% |
| 2021 | 0.49 | 12.03 | 24.6% |
| 2020 | 0.43 | 10.46 | 24.5% |
| 2019 | 1.03 | 9.72 | 9.4% |
| 2018 | 0.15 | 8.24 | 53.2% |
| 2017 | 3.09 | 16.71 | 5.4% |
| 2016 | 47.27 | 14.18 | 0.3% |
| 2015 | 0.13 | 10.71 | 81.1% |
| 2014 | 1.31 | 23.66 | 18% |
| 2013 | 0 | 22.56 | 7,050% |
| 2012 | N/A | N/A | -101.6% |
| 2011 | N/A | 12.1 | -52.7% |
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| Mar 2026 | 0.5 | 14.75 | 29.3% |
| Dec 2025 | 0.61 | 17.2 | 28.4% |
| Sep 2025 | 0.34 | 16.14 | 47.7% |
| Jun 2025 | 0.35 | 15.77 | 45.2% |
| Mar 2025 | 0.24 | 13.52 | 55.5% |
| Dec 2024 | 0.29 | 15.64 | 53.4% |
| Sep 2024 | 0.85 | 15.63 | 18.3% |
| Jun 2024 | 2.23 | 15.8 | 7.1% |
| Mar 2024 | N/A | 16.97 | -5.8% |
| Dec 2023 | N/A | 17.8 | -15.9% |
| Sep 2023 | N/A | 14.48 | -19.2% |
| Jun 2023 | N/A | 14.88 | -23.5% |
| Mar 2023 | N/A | 14.91 | -26.2% |
| Dec 2022 | N/A | 13.65 | -23.7% |
| Sep 2022 | N/A | 11.32 | -12.5% |
When comparing to historical data, MS's PEG ratio is lower than the 3, 5 and 10-year averages.
Morgan Stanley's PEG of 0.63 is higher than the Financial Services sector and the industry average. Looking at the Financial Services sector average of 0.45, Morgan Stanley's PEG is 40% higher.
Relative to its peers, MS's PEG ratio is lower than JPM's and BAC's yet above C's.
| Stock name | PEG ratio | Market cap |
|---|---|---|
| C Citigroup Inc | 0.58 | $227.49B |
| MS Morgan Stanley | 0.63 | $325.96B |
| BAC Bank Of America Corp | 0.64 | $387.05B |
| GS Goldman Sachs Group Inc | 0.67 | $295.39B |
| JPM Jpmorgan Chase & Co | 5.91 | $828.34B |
According to Jun 10, 2026 figures, MS's PEG ratio stands at 0.63.
Historical data over a 3-year period puts MS's average PEG ratio at 0.68.
Historical data over a 5-year period puts MS's average PEG ratio at 0.85.
MS's PEG ratio topped out at 47.27 during the Dec 2016 quarter - the highest in ten years.
At present, MS's PEG ratio is 73% lower than its 10-year historical average.
To calculate the PEG ratio, take the company's PE ratio and divide by its earnings per share growth (YoY TTM). As of Jun 10, 2026, Morgan Stanley has a PE ratio of 18.52. Earnings grew at 29.3% over the TTM period ending Mar 2026. Applying the formula, this gives a PEG ratio of 0.63. PEG RATIO(0.63) = PE RATIO(18.52) / EPS GROWTH(29.3%)
All PEG ratio stats are based on quarterly TTM periods, unless otherwise specified.