P/E ratio for Northern Trust (NTRS)
P/E ratio as of September 2023 (TTM): 12.4
According to Northern Trust 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.4427. At the end of 2021 the company had a P/E ratio of 16.7.
P/E ratio history for Northern Trust from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 16.7 | -1.85% |
| 2020 | 17.0 | 6.55% |
| 2019 | 16.0 | 27.48% |
| 2018 | 12.5 | -37.99% |
| 2017 | 20.2 | -2.1% |
| 2016 | 20.6 | 15.23% |
| 2015 | 17.9 | -11.35% |
| 2014 | 20.2 | -1.86% |
| 2013 | 20.6 | 15.19% |
| 2012 | 17.9 | 11.17% |
| 2011 | 16.1 | -20.31% |
| 2010 | 20.1 | 21.51% |
| 2009 | 16.6 | 12.58% |
| 2008 | 14.7 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Capital One COF | 7.51 | -39.67% | 🇺🇸 USA |
 Bank of New York Mellon BK | 12.3 | -0.82% | 🇺🇸 USA |
 State Street Corporation
STT | 9.04 | -27.34% | 🇺🇸 USA |
 WaFd Bank WAFD | 6.21 | -50.10% | 🇺🇸 USA |
 New York Community Bank
NYCB | 2.75 | -77.86% | 🇺🇸 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.