The PE ratio for Schwab Charles stock stands at 27.6 as of Jul 25, 2024. This results from the current EPS of $2.4 and stock price of $66.24. An increase of 20% has been seen in the P/E ratio compared to the average of 22.9 of the last 4 quarters.
Over the last ten years, the average PE ratio of Schwab Charles has been 24.42. The current 27.6 PE ratio is 13% above the historical average. Over the past ten years, SCHW's PE ratio was at its highest in the Jun 2015 quarter at 34.01, with a price of $32.65 and an EPS of $0.96. The Mar 2020 quarter recorded the bottom point at 12.98, with a price of $33.62 and an EPS of $2.59.
Maximum annual increase: 40.84% in 2020
Maximum annual decrease: -46.67% in 2018
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 26.98 | 14.08% |
| 2022 | 23.65 | -20.13% |
| 2021 | 29.61 | 18.92% |
| 2020 | 24.9 | 40.84% |
| 2019 | 17.68 | 5.18% |
| 2018 | 16.81 | -46.67% |
| 2017 | 31.52 | 5.42% |
| 2016 | 29.9 | -5.56% |
| 2015 | 31.66 | 0.67% |
| 2014 | 31.45 | -5.64% |
SCHW's current P/E ratio is above the 3, 5 and 10-year historical averages.
Compared to its peer stocks BAC and MS, SCHW's PE ratio stands higher. Schwab Charles is presently trading at a higher PE ratio (27.6) than its peer group average of 17.11.
| Stock name | PE ratio | Market cap |
|---|---|---|
| RJF Raymond James Financial Inc | 13.78 | $24.19B |
| BAC Bank Of America Corp | 14.27 | $325.87B |
| MS Morgan Stanley | 18.77 | $169.33B |
| SF Stifel Financial Corp | 18.97 | $9.04B |
| IBKR Interactive Brokers Group Inc | 20.1 | $12.72B |
| SCHW Schwab Charles Corp | 27.75 | $121.76B |
As of Jul 25, 2024, SCHW stock has a price to earnings ratio of 27.6.
The 3-year average PE ratio for SCHW stock is 23.59.
The 5-year average PE ratio for SCHW stock is 22.11.
Over the last ten years, the quarterly PE ratio reached a historic high of 34.01 in the Jun 2015 quarter.
SCHW's price to earnings ratio is currently 13% above its 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), Schwab Charles's stock price is $66.24. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $2.4. Therefore, Schwab Charles's P/E ratio for today is 27.6. PE RATIO(27.6) = STOCK PRICE($66.24) / TTM EPS($2.4)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.