The current PE ratio for Prudential Financial stock as of May 6, 2024 is 19.64. This is calculated based on the TTM EPS of $5.87 and the stock price of $115.26 per share. The PE ratio has decreased by 9% from its last 4 quarters average of 21.5.
The average historical PE ratio of Prudential Financial for the last ten years is 15.03. The current price-to-earnings ratio of 19.64 is 31% more than the historical average. Analyzing the last ten years, PRU's PE ratio reached its highest point in the Mar 2023 quarter at 103.43, when the price was $82.74 and the EPS was $0.8. The lowest point was recorded in the Dec 2021 quarter, when it reached 4.8 with a price of $108.24 and an EPS of $22.56.
Maximum annual increase: 60.49% in 2016
Maximum annual decrease: -76.36% in 2015
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 15.34 | N/A |
| 2022 | N/A | N/A |
| 2021 | 4.8 | N/A |
| 2020 | N/A | N/A |
| 2019 | 9.16 | 8.27% |
| 2018 | 8.46 | 33.86% |
| 2017 | 6.32 | -40.15% |
| 2016 | 10.56 | 60.49% |
| 2015 | 6.58 | -76.36% |
| 2014 | 27.83 | N/A |
The current PE ratio of PRU is above its 10-year average, but it is under its 3 and 5-year averages.
When compared to its peers MET and GNW, PRU's PE ratio is lower, but it is higher than LNC's.
| Stock name | PE ratio | Market cap |
|---|---|---|
| LNC Lincoln National Corp | 3.91 | $4.93B |
| PRU Prudential Financial Inc | 19.64 | $41.38B |
| MET Metlife Inc | 24.38 | $50.62B |
| GNW Genworth Financial Inc | 31.71 | $2.92B |
PRU's price to earnings ratio is 19.64 as of May 6, 2024.
The 3-year average PE ratio for PRU stock is 25.17.
The 5-year average PE ratio for PRU stock is 20.4.
Over the last ten years, the Mar 2023 quarter recorded the highest quarterly PE ratio at 103.43.
The current PE ratio of PRU is 31% higher than the 10-year historical average.
You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months earnings per share(EPS). As of today (May 6, 2024), Prudential Financial's share price is $115.26. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $5.87. Therefore, Prudential Financial's price to earnings ratio for today is 19.64. PE RATIO(19.64) = STOCK PRICE($115.26) / TTM EPS($5.87)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.