As of Jul 25, 2024, the State Street stock's price-to-earnings ratio is 15.52. This results from the current EPS of $5.47 and stock price of $84.89. The PE ratio has increased by 31% from the past four quarters average of 11.8.
The PE ratio of State Street has averaged 13.03 over the last ten years. The current price-to-earnings ratio of 15.52 is 19% 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 16.21.
Stock name | PE ratio | Market cap |
---|---|---|
JPM Jpmorgan Chase & Co | 12.79 | $609.48B |
BAC Bank Of America Corp | 14.27 | $325.87B |
STT State Street Corp | 15.59 | $25.69B |
BK Bank of New York Mellon Corp | 16.3 | $48.87B |
C Citigroup Inc | 18.89 | $124.33B |
NTRS Northern Trust Corp | 19.7 | $18.3B |
The price to earnings ratio for STT stock as of Jul 25, 2024, stands at 15.52.
As an average over the last 3 years, STT stock has a PE ratio of 11.09.
As an average over the last 5 years, STT stock has a PE ratio of 11.29.
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 19% 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 (Jul 25, 2024), State Street's stock price is $84.89. 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 15.52. PE RATIO(15.52) = STOCK PRICE($84.89) / TTM EPS($5.47)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.