WFC Wells Fargo PE ratio, current and historical analysis
The current P/E ratio for Wells Fargo stock as of Nov 21, 2024 is 15.33. This is calculated based on the TTM EPS of $4.88 and the stock price of $74.83 per share. The PE ratio has increased by 34% from its last 4 quarters average of 11.4.
WFC PE ratio history
The average historical PE ratio of Wells Fargo for the last ten years is 15.63. The current price-to-earnings ratio of 15.33 is in line with 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.
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
WFC's current PE ratio is higher than the 3-year average, but it is under its 5 and 10-year averages.
WFC PE vs 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 15.33 is in line with the average of its peers, which is 15.59.
| Stock name | PE ratio | Market cap |
|---|---|---|
| GSBC Great Southern Bancorp Inc | 12.21 | $731.07M |
| JPM Jpmorgan Chase & Co | 13.59 | $689.08B |
| FHN First Horizon Corp | 14.51 | $10.69B |
| RF Regions Financial Corp | 15.11 | $24.3B |
| WFC Wells Fargo & Company | 15.33 | $249.15B |
| USB Us Bancorp | 15.76 | $80.17B |
| BAC Bank Of America Corp | 16.71 | $356.48B |
| PNC Pnc Financial Services Group Inc | 17.38 | $81.64B |
| C Citigroup Inc | 19.48 | $130.4B |
| KEY Keycorp | 1,922 | $19.05B |
Frequently asked questions
What is Wells Fargo's PE ratio?
WFC's price to earnings ratio is 15.33 as of Nov 21, 2024.
What is the 3-year average PE ratio for Wells Fargo (WFC)?
The 3-year average PE ratio for WFC stock is 10.44.
What is the 5-year average PE ratio for Wells Fargo (WFC)?
The 5-year average PE ratio for WFC stock is 18.79.
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 1.9% 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 (Nov 21, 2024), Wells Fargo's share price is $74.83. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $4.88. Therefore, Wells Fargo's price to earnings ratio for today is 15.33. PE RATIO(15.33) = STOCK PRICE($74.83) / TTM EPS($4.88)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.