The current PE ratio for Raymond James Financial stock as of Apr 30, 2024 is 14.93. This is calculated based on the current EPS of $8.17 and the stock price of $122 per share. The P/E ratio has an increase of 18% from the past four quarters average of 12.7.
The average historical PE ratio of Raymond James Financial for the last ten years is 14.63. The current PE ratio of 14.93 is 2.1% above 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, 5 and 10-year historical averages.
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 | 12.2 | $212.93B |
| RJF Raymond James Financial Inc | 15 | $25.62B |
| SF Stifel Financial Corp | 17.55 | $8.21B |
| SCHW Schwab Charles Corp | 29.24 | $136.04B |
RJF's price to earnings ratio is 14.93 as of Apr 30, 2024.
The 3-year average PE ratio for RJF stock is 13.51.
The 5-year average PE ratio for RJF stock is 13.0.
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 2.1% higher 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 (Apr 30, 2024), Raymond James Financial's stock price is $122. The earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $8.17. Therefore, Raymond James Financial's P/E ratio for today is 14.93. PE RATIO(14.93) = STOCK PRICE($122) / TTM EPS($8.17)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.