Discover Financial Services
DFS
#589
Rank
$30.55 B
Marketcap
$114.44
Share price
-2.66%
Change (1 day)
-1.13%
Change (1 year)
Discover Financial Services is an American financial services company that owns and operates Discover Bank, which offers checking and savings accounts, personal loans, home equity loans, student loans and credit cards

P/E ratio for Discover Financial Services (DFS)

P/E ratio as of January 2023 (TTM): 7.38

According to Discover Financial Services's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.38323. At the end of 2021 the company had a P/E ratio of 6.50.

P/E ratio history for Discover Financial Services from 2007 to 2022

PE ratio at the end of each year

Year P/E ratio Change
20216.50-74.23%
202025.2169.95%
20199.3423.86%
20187.54-46.86%
201714.213.79%
201612.519.56%
201510.4-21.95%
201413.418.72%
201311.330.24%
20128.6446.22%
20115.91

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
5.67-23.16%๐Ÿ‡บ๐Ÿ‡ธ USA
9.85 33.47%๐Ÿ‡บ๐Ÿ‡ธ USA
52.2 607.31%๐Ÿ‡บ๐Ÿ‡ธ USA
10.2 38.34%๐Ÿ‡บ๐Ÿ‡ธ 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.