P/E ratio for Morgan Stanley (MS)
P/E ratio as of September 2023 (TTM): 14.3
According to Morgan Stanley's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14.3188. At the end of 2021 the company had a P/E ratio of 12.0.
P/E ratio history for Morgan Stanley from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 12.0 | 14.45% |
| 2020 | 10.5 | 8.15% |
| 2019 | 9.72 | 17.65% |
| 2018 | 8.26 | -50.41% |
| 2017 | 16.7 | 17.88% |
| 2016 | 14.1 | 31.49% |
| 2015 | 10.7 | -15.52% |
| 2014 | 12.7 | -41.18% |
| 2013 | 21.6 | -183.71% |
| 2012 | -25.8 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Bank of America BAC | 7.90 | -44.85% | 🇺🇸 USA |
 Goldman Sachs GS | 13.7 | -4.01% | 🇺🇸 USA |
 JPMorgan Chase JPM | 9.47 | -33.84% | 🇺🇸 USA |
 Citigroup C | 6.03 | -57.86% | 🇺🇸 USA |
 Deutsche Bank DB | 4.11 | -71.31% | 🇩🇪 Germany |
 UBS UBS | 2.29 | -83.98% | 🇨🇭 Switzerland |
 Credit Suisse CS | -0.3304 | -102.31% | 🇨🇭 Switzerland |
 Barclays BCS | 4.52 | -68.46% | 🇬🇧 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.