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WFC Wells Fargo PE ratio, current and historical analysis

The current P/E ratio for Wells Fargo stock as of Sep 28, 2023 is 10.13. This is calculated based on the TTM EPS of $4.04 and the stock price of $40.91 per share. The PE ratio has decreased by 9% from its last 4 quarters average of 11.1.

WFC PE ratio history

How has WFC's PE ratio performed in the past

The average historical PE ratio of Wells Fargo for the last ten years is 15.82. The current price-to-earnings ratio of 10.13 is 36% less than the historical average. Analyzing the last ten years, WFC's PE ratio reached its highest point in the Dec 2020 quarter at 70.19, when the price was $30.18 and the EPS was $0.43. The lowest point was recorded in the Jun 2022 quarter, when it reached 9.24 with a price of $39.17 and an EPS of $4.24.


Wells Fargo PE ratio by year

Maximum annual increase: 437.44% in 2020

Maximum annual decrease: -86.29% in 2021

Year PE ratio Change
2022 13.03 35.45%
2021 9.62 -86.29%
2020 70.19 437.44%
2019 13.06 22.17%
2018 10.69 -27.03%
2017 14.65 7.17%
2016 13.67 5.15%
2015 13 -1.14%
2014 13.15 14.45%
2013 11.49 14.33%

WFC average PE ratio chart

What is the average PE ratio of WFC for the past years

WFC's current PE ratio is under its 3, 5 and 10-year averages.

3-year avg
5-year avg
10-year avg
15-year avg

WFC PE vs peers

What is WFC's PE ratio compared to its peers

WFC's PE ratio is above its peer stocks JPM and BAC. Wells Fargo's current PE ratio of 10.13 is more than the average of its peers, which is 7.61.

Stock name PE ratio Market cap
FHN First Horizon Corp 5.6 $6.26B
C Citigroup Inc 6.5 $79.62B
KEY Keycorp 7.27 $10.21B
RF Regions Financial Corp 7.42 $16.36B
GSBC Great Southern Bancorp Inc 7.46 $580.69M
BAC Bank Of America Corp 7.91 $220.11B
PNC Pnc Financial Services Group Inc 8.53 $49.54B
USB Us Bancorp 9.25 $51.03B
JPM Jpmorgan Chase & Co 9.43 $426.67B
WFC Wells Fargo & Company 10.2 $150.29B

Frequently asked questions

What is Wells Fargo's PE ratio?

WFC's price to earnings ratio is 10.13 as of Sep 28, 2023.

What is the 3-year average PE ratio for Wells Fargo (WFC)?

The 3-year average PE ratio for WFC stock is 21.51.

What is the 5-year average PE ratio for Wells Fargo (WFC)?

The 5-year average PE ratio for WFC stock is 18.89.

What is the highest PE ratio for WFC?

Over the last ten years, the Dec 2020 quarter recorded the highest quarterly PE ratio at 70.19.

How does the current PE ratio for WFC compare to its historical average?

The current PE ratio of WFC is 36% lower than the 10-year historical average.

How is WFC's PE ratio calculated (Wells Fargo PE ratio formula)?

The P/E ratio is calculated by taking the latest stock price and dividing it by the earnings per share(EPS) for the last 12 months. As of today (Sep 28, 2023), Wells Fargo's share price is $40.91. The company's earnings per share for the trailing twelve months (TTM) ending Jun 2023 is $4.04. Therefore, Wells Fargo's price to earnings ratio for today is 10.13. PE RATIO(10.13) = STOCK PRICE($40.91) / TTM EPS($4.04)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.