STT State Street PE ratio, current and historical analysis
As of Nov 21, 2024, the State Street stock's price-to-earnings ratio is 14.89. This results from the current EPS of $6.47 and stock price of $96.34. The PE ratio has increased by 8% from the past four quarters average of 13.8.
STT PE ratio history
The PE ratio of State Street has averaged 12.98 over the last ten years. The current price-to-earnings ratio of 14.89 is 15% 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.
State Street PE ratio by year
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% |
STT average PE ratio chart
The current PE ratio of STT is above its 3, 5 and 10-year historical averages.
STT PE vs peers
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 16.15.
| Stock name | PE ratio | Market cap |
|---|---|---|
| NTRS Northern Trust Corp | 13.5 | $21.59B |
| JPM Jpmorgan Chase & Co | 13.59 | $689.08B |
| STT State Street Corp | 14.89 | $28.24B |
| BAC Bank Of America Corp | 16.71 | $356.48B |
| BK Bank of New York Mellon Corp | 17.49 | $57.35B |
| C Citigroup Inc | 19.48 | $130.4B |
Frequently asked questions
What is State Street's PE ratio?
The price to earnings ratio for STT stock as of Nov 21, 2024, stands at 14.89.
What is the 3-year average PE ratio for State Street (STT)?
As an average over the last 3 years, STT stock has a PE ratio of 11.41.
What is the 5-year average PE ratio for State Street (STT)?
As an average over the last 5 years, STT stock has a PE ratio of 11.51.
What is the highest PE ratio for STT?
Over the last ten years, the quarterly PE ratio reached a historic high of 18.56 in the Dec 2017 quarter.
How does the current PE ratio for STT compare to its historical average?
STT's price to earnings ratio is currently 15% above its 10-year historical average.
How is STT's PE ratio calculated (State Street PE ratio formula)?
The P/E ratio is calculated by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Nov 21, 2024), State Street's stock price is $96.34. 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 14.89. PE RATIO(14.89) = STOCK PRICE($96.34) / TTM EPS($6.47)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.