The current PE ratio for Raymond James Financial stock as of Jul 25, 2024 is 13.93. This is calculated based on the current EPS of $8.47 and the stock price of $118.01 per share. The P/E ratio has an increase of 3.4% from the past four quarters average of 13.5.
The average historical PE ratio of Raymond James Financial for the last ten years is 14.62. The current PE ratio of 13.93 is 4.7% below the historical average. Over the past ten years, RJF's PE ratio was at its highest in the Dec 2017 quarter at 21.19, when the stock price was $59.53 and the EPS was $2.81. The lowest value was in the Mar 2020 quarter, when it reached 9.18 with a price of $42.13 and an EPS of $4.59.
Maximum annual increase: 21.79% in 2017
Maximum annual decrease: -27.91% in 2019
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 12.31 | -10.8% |
| 2022 | 13.8 | 1.85% |
| 2021 | 13.55 | 10.61% |
| 2020 | 12.25 | 8.79% |
| 2019 | 11.26 | -27.91% |
| 2018 | 15.62 | -18.05% |
| 2017 | 19.06 | 21.79% |
| 2016 | 15.65 | 10.68% |
| 2015 | 14.14 | -10.17% |
| 2014 | 15.74 | -0.25% |
Currently, RJF's PE ratio is above the 3 and 5-year historical averages, but it is below the 10-year average.
RJF's PE ratio is lower than its peer stocks SCHW and SF, but it is greater than WFC's.
| Stock name | PE ratio | Market cap |
|---|---|---|
| WFC Wells Fargo & Company | 12.45 | $210.54B |
| RJF Raymond James Financial Inc | 13.78 | $24.19B |
| SF Stifel Financial Corp | 18.97 | $9.04B |
| SCHW Schwab Charles Corp | 27.75 | $121.76B |
RJF's price to earnings ratio is 13.93 as of Jul 25, 2024.
The 3-year average PE ratio for RJF stock is 13.52.
The 5-year average PE ratio for RJF stock is 13.19.
In the last ten years, the Dec 2017 quarter recorded the highest quarterly PE ratio at 21.19.
The current price to earnings ratio of RJF is 4.7% lower than the 10-year historical average.
To determine the PE ratio, divide the most recent stock price by the TTM earnings per share (EPS). As of today (Jul 25, 2024), Raymond James Financial's stock price is $118.01. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $8.47. Therefore, Raymond James Financial's P/E ratio for today is 13.93. PE RATIO(13.93) = STOCK PRICE($118.01) / TTM EPS($8.47)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.