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 April 2024 (TTM): 22.1
According to BlackRock's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 22.0654. At the end of 2022 the company had a P/E ratio of 20.7.
P/E ratio history for BlackRock from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 20.7 | -12.77% |
| 2021 | 23.7 | 5.32% |
| 2020 | 22.5 | 28.01% |
| 2019 | 17.6 | 19.72% |
| 2018 | 14.7 | -12.88% |
| 2017 | 16.9 | -14.83% |
| 2016 | 19.8 | 16.44% |
| 2015 | 17.0 | -7.28% |
| 2014 | 18.3 | -0.52% |
| 2013 | 18.4 | 24.86% |
| 2012 | 14.8 | 3.6% |
| 2011 | 14.2 | -20.55% |
| 2010 | 17.9 | -52.15% |
| 2009 | 37.5 | 63.07% |
| 2008 | 23.0 | -20.49% |
| 2007 | 28.9 | -26.94% |
| 2006 | 39.6 | 31.86% |
| 2005 | 30.0 | -12.97% |
| 2004 | 34.5 | 54.52% |
| 2003 | 22.3 | 16.18% |
| 2002 | 19.2 | -22.94% |
| 2001 | 24.9 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Bank of America BAC | 10.7 | -51.63% | 🇺🇸 USA |
 Invesco
IVZ | 11.1 | -49.77% | 🇺🇸 USA |
 MSCI MSCI | 38.6 | 74.75% | 🇺🇸 USA |
 Moody's MCO | 46.3 | 109.66% | 🇺🇸 USA |
 UBS UBS | 2.54 | -88.49% | 🇨🇭 Switzerland |
 Affiliated Managers Group AMG | 5.25 | -76.21% | 🇺🇸 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.