P/E ratio for Northern Trust (NTRS)

P/E ratio history for Northern Trust from 2001 to 2023

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
State Street Corporation STT	14.1	-27.34%	🇺🇸 USA
BNY Mellon (Bank of New York Mellon) BK	18.1	-7.03%	🇺🇸 USA
WaFd Bank WAFD	8.76	-54.91%	🇺🇸 USA
Capital One COF	13.4	-30.90%	🇺🇸 USA
New York Community Bank NYCB	2.64	-86.42%	🇺🇸 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.