P/E ratio for State Street Corporation (STT)

P/E ratio history for State Street Corporation 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
Northern Trust NTRS	20.5	49.29%	🇺🇸 USA
JPMorgan Chase JPM	14.3	4.65%	🇺🇸 USA
BNY Mellon (Bank of New York Mellon) BK	18.1	32.07%	🇺🇸 USA
Bank of America BAC	12.8	-6.43%	🇺🇸 USA
Citigroup C	9.93	-27.57%	🇺🇸 USA
Barclays BCS	7.70	-43.82%	🇬🇧 UK

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.