According to Bank of New York Mellon's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14.0674. At the end of 2022 the company had a P/E ratio of 15.6.
Year | P/E ratio | Change |
---|---|---|
2022 | 15.6 | 12.04% |
2021 | 14.0 | 26% |
2020 | 11.1 | -0.04% |
2019 | 11.1 | 1.51% |
2018 | 10.9 | -24.16% |
2017 | 14.4 | -3.95% |
2016 | 15.0 | -0.7% |
2015 | 15.1 | 0.11% |
2014 | 15.1 | -24.46% |
2013 | 20.0 | 59.62% |
2012 | 12.5 | 28.16% |
2011 | 9.76 | -33.43% |
2010 | 14.7 | -158.18% |
2009 | -25.2 | -206.73% |
2008 | 23.6 | 7% |
2007 | 22.1 | 106.72% |
2006 | 10.7 | -35.19% |
2005 | 16.5 | -13.07% |
2004 | 18.9 | -16.9% |
2003 | 22.8 | 12.2% |
2002 | 20.3 | -13.09% |
2001 | 23.4 |
Company | P/E ratio | P/E ratio differencediff. | Country |
---|---|---|---|
Northern Trust
NTRS | 15.7 | 11.27% | ๐บ๐ธ USA |
JPMorgan Chase JPM | 11.9 | -15.32% | ๐บ๐ธ USA |
Wells Fargo WFC | 12.5 | -11.09% | ๐บ๐ธ USA |
Citigroup C | 9.06 | -35.58% | ๐บ๐ธ USA |
State Street Corporation
STT | 10.8 | -23.01% | ๐บ๐ธ USA |
CIBC CM | 13.5 | -4.17% | ๐จ๐ฆ Canada |
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.