BlackRock
BLK
#97
Rank
S$208.29 B
Marketcap
$1,406
Share price
0.03%
Change (1 day)
46.02%
Change (1 year)

BlackRock Inc. is a fund company founded in New York City in 1988. With $7.4 trillion in assets under management, it is the largest asset manager in the world.

P/E ratio for BlackRock (BLK)

P/E ratio as of November 2024 (TTM): 30.3

According to BlackRock's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 30.2806. At the end of 2022 the company had a P/E ratio of 20.7.

P/E ratio history for BlackRock from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202220.7-12.77%
202123.75.32%
202022.528.01%
201917.619.72%
201814.7-12.88%
201716.9-14.83%
201619.816.44%
201517.0-7.28%
201418.3-0.52%
201318.424.86%
201214.83.6%
201114.2-20.55%
201017.9-52.15%
200937.563.07%
200823.0-20.49%
200728.9-26.94%
200639.631.86%
200530.0-12.97%
200434.554.52%
200322.316.18%
200219.2-22.94%
200124.9

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
6.00-80.20%๐Ÿ‡บ๐Ÿ‡ธ USA
13.4-55.68%๐Ÿ‡บ๐Ÿ‡ธ USA
57.5 89.85%๐Ÿ‡บ๐Ÿ‡ธ USA
49.6 63.95%๐Ÿ‡บ๐Ÿ‡ธ USA
12.9-57.35%๐Ÿ‡บ๐Ÿ‡ธ USA
2.93-90.32%๐Ÿ‡จ๐Ÿ‡ญ Switzerland

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.