As of May 3, 2024, the State Street stock's price-to-earnings ratio is 13.6. This results from the current EPS of $5.47 and stock price of $74.39. The PE ratio has increased by 15% from the past four quarters average of 11.8.
The PE ratio of State Street has averaged 13.08 over the last ten years. The current price-to-earnings ratio of 13.6 is 4% 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 C and BK, STT's PE ratio is lower, but it is higher than JPM's and BAC's. State Street's PE ratio is trading below the peer group average of 14.53.
| Stock name | PE ratio | Market cap |
|---|---|---|
| JPM Jpmorgan Chase & Co | 11.48 | $547.08B |
| BAC Bank Of America Corp | 12.76 | $291.31B |
| STT State Street Corp | 13.6 | $22.41B |
| BK Bank of New York Mellon Corp | 14.21 | $42.63B |
| C Citigroup Inc | 17.83 | $117.35B |
| NTRS Northern Trust Corp | 18.64 | $17.31B |
The price to earnings ratio for STT stock as of May 3, 2024, stands at 13.6.
As an average over the last 3 years, STT stock has a PE ratio of 11.24.
As an average over the last 5 years, STT stock has a PE ratio of 11.23.
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 4% 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 (May 3, 2024), State Street's stock price is $74.39. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $5.47. Therefore, State Street's price to earnings ratio for today is 13.6. PE RATIO(13.6) = STOCK PRICE($74.39) / TTM EPS($5.47)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.