P/E ratio for Franklin Resources (BEN)
P/E ratio as of April 2024 (TTM): 14.5
According to Franklin Resources's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14.5465. At the end of 2022 the company had a P/E ratio of 13.5.
P/E ratio history for Franklin Resources from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 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 | 23.03% |
| 2011 | 11.1 | -29.6% |
| 2010 | 15.8 | -26.33% |
| 2009 | 21.4 | 70.88% |
| 2008 | 12.5 | -17.11% |
| 2007 | 15.1 | -25.91% |
| 2006 | 20.4 | -2.12% |
| 2005 | 20.8 | -6.92% |
| 2004 | 22.4 | -2.78% |
| 2003 | 23.0 | 10.85% |
| 2002 | 20.8 | 3.7% |
| 2001 | 20.0 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 BlackRock BLK | 21.6 | 48.61% | 🇺🇸 USA |
 Invesco
IVZ | 11.7 | -19.87% | 🇺🇸 USA |
 T. Rowe Price
TROW | 15.4 | 6.16% | 🇺🇸 USA |
 Affiliated Managers Group AMG | 5.12 | -64.77% | 🇺🇸 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.