BlackRock Inc. is a fund company founded in New York City in 1988. With $7.4 trillion in assets under management, it is the largest asset manager in the world.
P/E ratio for BlackRock (BLK)
P/E ratio as of May 2023 (TTM): 20.3
According to BlackRock's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 20.2504. At the end of 2021 the company had a P/E ratio of 23.7.
P/E ratio history for BlackRock from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 23.7 | 5.32% |
| 2020 | 22.5 | 28.01% |
| 2019 | 17.6 | 19.72% |
| 2018 | 14.7 | -12.74% |
| 2017 | 16.8 | -14.97% |
| 2016 | 19.8 | 16.44% |
| 2015 | 17.0 | -7.28% |
| 2014 | 18.3 | -0.52% |
| 2013 | 18.4 | 24.86% |
| 2012 | 14.8 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Bank of America BAC | 8.33 | -58.88% | 🇺🇸 USA |
 Invesco
IVZ | 10.3 | -48.95% | 🇺🇸 USA |
 MSCI MSCI | 43.0 | 112.21% | 🇺🇸 USA |
 Moody's MCO | 42.2 | 108.31% | 🇺🇸 USA |
 UBS UBS | 9.28 | -54.18% | 🇨🇭 Switzerland |
 Affiliated Managers Group AMG | 4.59 | -77.33% | 🇺🇸 USA |
How to read a P/E ratio?
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.