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WFC Wells Fargo PE ratio, current and historical analysis

The current P/E ratio for Wells Fargo stock as of Jun 20, 2024 is 12.16. This is calculated based on the TTM EPS of $4.85 and the stock price of $58.96 per share. The PE ratio has increased by 19% from its last 4 quarters average of 10.2.

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 15.67. The current price-to-earnings ratio of 12.16 is 22% 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 Sep 2023 quarter, when it reached 8.6 with a price of $40.86 and an EPS of $4.75.

Average
15.67
Median
12.29
Minimum
8.6
Maximum
70.19

Wells Fargo PE ratio by year

Maximum annual increase: 437.44% in 2020

Maximum annual decrease: -86.68% in 2021

Year PE ratio Change
2023 10.09 -19.34%
2022 12.51 33.8%
2021 9.35 -86.68%
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%

WFC average PE ratio chart

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

WFC's current PE ratio is higher than the 3-year average, but it is under its 5 and 10-year averages.

3-year avg
10.38
5-year avg
18.63
10-year avg
15.67
15-year avg
15.3

WFC PE vs peers

What is WFC's PE ratio compared to its peers

WFC's PE ratio is less than its peer stocks BAC and C, but it is above JPM's and RF's. Wells Fargo's current PE ratio of 12.16 is less than the average of its peers, which is 13.0.

Stock name PE ratio Market cap
FHN First Horizon Corp 9.94 $7.99B
RF Regions Financial Corp 10.28 $17.32B
GSBC Great Southern Bancorp Inc 10.31 $614.37M
WFC Wells Fargo & Company 11.94 $201.88B
JPM Jpmorgan Chase & Co 11.98 $570.51B
PNC Pnc Financial Services Group Inc 12.86 $60.95B
USB Us Bancorp 13.05 $61.29B
BAC Bank Of America Corp 13.7 $312.74B
KEY Keycorp 17.09 $12.73B
C Citigroup Inc 17.57 $115.63B

Frequently asked questions

What is Wells Fargo's PE ratio?

WFC's price to earnings ratio is 12.16 as of Jun 20, 2024.

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

The 3-year average PE ratio for WFC stock is 10.38.

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

The 5-year average PE ratio for WFC stock is 18.63.

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 22% 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 (Jun 20, 2024), Wells Fargo's share price is $58.96. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $4.85. Therefore, Wells Fargo's price to earnings ratio for today is 12.16. PE RATIO(12.16) = STOCK PRICE($58.96) / TTM EPS($4.85)

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