As of Dec 20, 2024, the State Street stock's price-to-earnings ratio is 15.18. This results from the current EPS of $6.47 and stock price of $98.2. The PE ratio has increased by 10% from the past four quarters average of 13.8.
The PE ratio of State Street has averaged 12.98 over the last ten years. The current price-to-earnings ratio of 15.18 is 17% more than the historical average. In the past ten years, STT's PE ratio reached its highest point in the Dec 2017 quarter at 18.56, when the stock price was $97.61 and the EPS was $5.26. The lowest point was recorded in the Jun 2022 quarter, when it reached 8.41 with a price of $61.65 and an EPS of $7.33.
Maximum annual increase: 49.28% in 2019
Maximum annual decrease: -47.41% in 2018
Year | PE ratio | Change |
---|---|---|
2023 | 13.71 | 28.61% |
2022 | 10.66 | -16.33% |
2021 | 12.74 | 12.05% |
2020 | 11.37 | -21.96% |
2019 | 14.57 | 49.28% |
2018 | 9.76 | -47.41% |
2017 | 18.56 | 20.13% |
2016 | 15.45 | 5.46% |
2015 | 14.65 | -13.77% |
2014 | 16.99 | 4.62% |
The current PE ratio of STT is above its 3, 5 and 10-year historical averages.
When compared to its peers BAC and C, STT's PE ratio is lower, but it is higher than JPM's and NTRS's. State Street's PE ratio is trading below the peer group average of 15.71.
Stock name | PE ratio | Market cap |
---|---|---|
NTRS Northern Trust Corp | 12.7 | $20.31B |
JPM Jpmorgan Chase & Co | 13.19 | $668.92B |
STT State Street Corp | 15.18 | $28.79B |
BAC Bank Of America Corp | 15.89 | $338.91B |
BK Bank of New York Mellon Corp | 17.21 | $56.44B |
C Citigroup Inc | 19.55 | $130.86B |
The price to earnings ratio for STT stock as of Dec 20, 2024, stands at 15.18.
As an average over the last 3 years, STT stock has a PE ratio of 11.41.
As an average over the last 5 years, STT stock has a PE ratio of 11.51.
Over the last ten years, the quarterly PE ratio reached a historic high of 18.56 in the Dec 2017 quarter.
STT's price to earnings ratio is currently 17% above its 10-year historical average.
The P/E ratio is calculated by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Dec 20, 2024), State Street's stock price is $98.2. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $6.47. Therefore, State Street's price to earnings ratio for today is 15.18. PE RATIO(15.18) = STOCK PRICE($98.2) / TTM EPS($6.47)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.