According to Franklin Resources's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 37.9538. At the end of 2023 the company had a P/E ratio of 15.7.
Year | P/E ratio | Change |
---|---|---|
2023 | 15.7 | 16.49% |
2022 | 13.5 | 52.72% |
2021 | 8.81 | -44.98% |
2020 | 16.0 | 54.77% |
2019 | 10.4 | 6.09% |
2018 | 9.76 | -73.66% |
2017 | 37.0 | 177.9% |
2016 | 13.3 | 13.29% |
2015 | 11.8 | -20.33% |
2014 | 14.8 | -9.71% |
2013 | 16.4 | 19.7% |
2012 | 13.7 |
Company | P/E ratio | P/E ratio differencediff. | Country |
---|---|---|---|
![]() Affiliated Managers Group AMG | 14.8 | -61.11% | ๐บ๐ธ USA |
![]() BlackRock BLK | 26.9 | -29.22% | ๐บ๐ธ USA |
![]() Invesco
IVZ | 17.3 | -54.30% | ๐บ๐ธ USA |
![]() T. Rowe Price
TROW | 11.5 | -69.58% | ๐บ๐ธ USA |
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.