Principal
PFG
#977
Rank
$17.01 B
Marketcap
$70.08
Share price
2.47%
Change (1 day)
-2.30%
Change (1 year)
The Principal Financial Group is an American multinational financial investment management and insurance company headquartered in Des Moines, Iowa. The company is divided into four segments: Pension and Income Solutions, Principal Global Investors, Principal International and US Insurance Solutions.

P/E ratio for Principal (PFG)

P/E ratio as of June 2023 (TTM): 3.78

According to Principal's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 3.77889. At the end of 2014 the company had a P/E ratio of 13.9.

P/E ratio history for Principal from 2002 to 2022

PE ratio at the end of each year

Year P/E ratio Change
201413.9
201211.0

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
10.2 169.90%๐Ÿ‡บ๐Ÿ‡ธ USA
27.8 635.98%๐Ÿ‡บ๐Ÿ‡ธ USA
11.9 214.36%๐Ÿ‡บ๐Ÿ‡ธ USA
9.37 147.91%๐Ÿ‡บ๐Ÿ‡ธ USA
-35.8-1,046.10%๐Ÿ‡ณ๐Ÿ‡ฑ Netherlands

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.