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Discover Financial Services (DFS)
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Discover Financial Services (DFS) PE Ratio: 10.67

Is Discover Financial Services’s P/E ratio high or low?

Discover Financial Services's P/E ratio of 10.67 is in line with its 5-year average of 10.88, near the low end of its 5-year range (5.28–31.42).

The P/E ratio for Discover Financial Services (DFS) is 10.67 as of Tuesday, June 9, 2026. It is below its 12-month average by 5.57% (11.30).

PE Ratio (10.67) = Close Price ($200.05) / Diluted TTM EPS ($18.75)

DFS PE Ratio Chart

DFS PE Ratio
10.67-6.65% 1Y
Zoom

DFS Average PE Ratio Chart

DFS Current vs Average PE Ratio Chart

DFS PE Ratio Metrics

PE RATIO

10.67

PE RATIO AVG TTM

11.30

PE RATIO AVG 3Y

8.71

PE RATIO AVG 5Y

10.88

PE RATIO AVG 10Y

10.80

PE RATIO AVG 15Y

10.60

PE RATIO AVG 20Y

10.45

CURRENT VS TTM AVG

-5.57%

CURRENT VS 3Y AVG

+22.55%

CURRENT VS 5Y AVG

-1.96%

CURRENT VS 10Y AVG

-1.17%

CURRENT VS 15Y AVG

+0.67%

CURRENT VS 20Y AVG

+2.10%

DFS Competitors' PE Ratio

NAMEMARKET CAPPE RATIOTTM3Y5Y
Discover Financial Services (DFS)10.6711.308.7110.88
MetLife, Inc. (MET)$55.06B16.5814.4018.8516.78
Arthur J. Gallagher & Co. (AJG)$55.77B35.0641.0047.3942.86
The Allstate Corporation (ALL)$55.91B4.797.9419.3119.63
State Street SPDR Dow Jones Industrial Average ETF Trust (DIA)$44.77BN/AN/AN/AN/A
MSCI Inc. (MSCI)$44.23B34.9836.3438.9746.12
Aflac Incorporated (AFL)$58.84B13.2017.5213.6111.67
Coinbase Global, Inc. (COIN)$40.97B58.4639.5287.1058.88
American International Group, Inc. (AIG)$39.19B13.0413.9312.4010.01
The Travelers Companies, Inc. (TRV)$63.85B8.9311.3014.2313.43

P/E vs. its own history

At 10.7, P/E is in its normal range — richer than 57% of its 18-year range.

18-year low

2.6

median

10.2

18-year high

31.4

cheaperricher

P/E Comparison

Trailing P/E

10.7

Forward P/E

12.6

Forward P/E Calculation

View All Analyst Estimates

Forward P/E is calculated using analyst consensus EPS estimates for the current or next fiscal year.

Calculation:

Current Price

$200.05

÷

Forward EPS (Est.)

$15.89

=

Forward P/E

12.59

Source: FMP Analyst Consensus Estimates. Forward EPS represents the average analyst estimate for the nearest fiscal year.

Discover Financial Services PE Ratio Formula & Definition

PE Ratio = Share Price / Diluted EPS (TTM)

The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Discover Financial Services PE Ratio FAQ

What is the P/E ratio for Discover Financial Services (DFS)?
The P/E ratio for DFS stock is 10.67.
Is Discover Financial Services's P/E ratio high or low?
Discover Financial Services's P/E ratio of 10.67 is in line with its 5-year average of 10.88, near the low end of its 5-year range (5.28–31.42).
What is the TTM average P/E ratio for Discover Financial Services (DFS)?
The TTM average P/E ratio for DFS stock is 11.30.
What is the 3Y average P/E ratio for Discover Financial Services (DFS)?
The 3Y average P/E ratio for DFS stock is 8.71.
What is the 5Y average P/E ratio for Discover Financial Services (DFS)?
The 5Y average P/E ratio for DFS stock is 10.88.
What is the 10Y average P/E ratio for Discover Financial Services (DFS)?
The 10Y average P/E ratio for DFS stock is 10.80.
What is the 15Y average P/E ratio for Discover Financial Services (DFS)?
The 15Y average P/E ratio for DFS stock is 10.60.
What is the 20Y average P/E ratio for Discover Financial Services (DFS)?
The 20Y average P/E ratio for DFS stock is 10.45.

Discover Financial Services PE Ratio History

DATEPE RATIO
2025-05-1610.67
2025-05-1510.69
2025-05-1410.67
2025-05-1310.88
2025-05-1210.80
2025-05-0910.14
2025-05-0810.24
2025-05-0710.09
2025-05-0610.03
2025-05-0510.15
2025-05-0210.15
2025-05-019.74
2025-04-309.74
2025-04-2910.44
2025-04-2810.45
2025-04-2510.41
2025-04-2410.56
2025-04-2310.07
2025-04-229.71
2025-04-219.31
2025-04-178.99
2025-04-168.81
2025-04-159.02
2025-04-148.96
2025-04-118.85
2025-04-108.94
2025-04-099.63
2025-04-088.35
2025-04-078.50
2025-04-048.28
2025-04-039.09
2025-04-029.91
2025-04-019.61
2025-03-319.62
2025-03-288.94
2025-03-279.16
2025-03-269.36
2025-03-259.56
2025-03-249.58
2025-03-219.29
2025-03-209.27
2025-03-199.14
2025-03-188.95
2025-03-178.62
2025-03-149.25
2025-03-138.97
2025-03-129.22
2025-03-118.89
2025-03-108.84
2025-03-079.44
2025-03-069.73
2025-03-0510.19
2025-03-0410.07
2025-03-0310.72
2025-02-2811.00
2025-02-2710.77
2025-02-2610.72
2025-02-2510.58
2025-02-2410.88
2025-02-2110.95
2025-02-2011.26
2025-02-1914.34
2025-02-1813.85
2025-02-1413.83
2025-02-1313.42
2025-02-1213.32
2025-02-1113.75
2025-02-1013.79
2025-02-0714.10
2025-02-0614.31
2025-02-0514.24
2025-02-0414.01
2025-02-0314.02
2025-01-3114.19
2025-01-3014.29
2025-01-2914.19
2025-01-2814.08
2025-01-2714.14
2025-01-2414.26
2025-01-2314.18
2025-01-2213.94
2025-01-2113.36
2025-01-1713.21
2025-01-1613.06
2025-01-1513.24
2025-01-1412.76
2025-01-1312.40
2025-01-1011.97
2025-01-0812.41
2025-01-0712.53
2025-01-0612.65
2025-01-0312.42
2025-01-0212.29
2024-12-3112.23
2024-12-3012.17
2024-12-2712.32
2024-12-2612.49
2024-12-2412.46
2024-12-2312.32
2024-12-2012.88
2024-12-1912.59
2024-12-1812.52
2024-12-1712.94
2024-12-1613.15
2024-12-1313.10
2024-12-1213.07
2024-12-1113.26
2024-12-1013.08
2024-12-0913.15
2024-12-0613.33
2024-12-0513.19
2024-12-0413.13
2024-12-0313.28
2024-12-0213.40
2024-11-2913.57
2024-11-2713.58
2024-11-2613.59
2024-11-2513.59
2024-11-2213.34
2024-11-2113.01
2024-11-2012.85
2024-11-1912.83
2024-11-1812.89
2024-11-1513.10
2024-11-1412.93
2024-11-1312.99
2024-11-1213.23
2024-11-1113.50
2024-11-0813.03
2024-11-0713.02
2024-11-0613.58
2024-11-0511.30
2024-11-0411.10
2024-11-0111.26
2024-10-3111.04
2024-10-3011.50
2024-10-2911.22
2024-10-2811.38
2024-10-2511.08
2024-10-2410.65
2024-10-2310.80
2024-10-2210.82
2024-10-2110.90
2024-10-1811.06
2024-10-1711.19
2024-10-1610.98
2024-10-1510.95
2024-10-1410.96
2024-10-1110.85
2024-10-1010.55
2024-10-0910.65
2024-10-0810.57
2024-10-0710.72
2024-10-0410.78
2024-10-0310.15
2024-10-0210.22
2024-10-0110.15
2024-09-3010.44
2024-09-2710.36
2024-09-2610.29
2024-09-2510.11
2024-09-2410.15
2024-09-2310.43
2024-09-2010.60
2024-09-1910.71
2024-09-1810.13
2024-09-1710.24
2024-09-169.96
2024-09-139.77
2024-09-129.62
2024-09-119.57
2024-09-109.70
2024-09-099.92
2024-09-069.57
2024-09-059.85
2024-09-0410.05
2024-09-0310.28
2024-08-3010.32
2024-08-2910.24
2024-08-2810.11
2024-08-279.92
2024-08-269.88
2024-08-239.89
2024-08-229.76
2024-08-219.92
2024-08-2010.06
2024-08-1910.17
2024-08-169.96
2024-08-159.72
2024-08-149.51
2024-08-139.42
2024-08-129.20
2024-08-099.40
2024-08-089.31
2024-08-079.18
2024-08-069.32
2024-08-059.19
2024-08-029.60
2024-08-0110.13
2024-07-3110.71
2024-07-3013.25
2024-07-2913.05
2024-07-2613.03
2024-07-2512.97
2024-07-2412.84
2024-07-2312.78
2024-07-2212.80
2024-07-1912.98
2024-07-1813.09
2024-07-1712.95
2024-07-1612.99
2024-07-1512.55
2024-07-1212.02
2024-07-1112.04
2024-07-1011.83
2024-07-0911.90
2024-07-0811.80
2024-07-0511.80
2024-07-0312.09
2024-07-0212.23
2024-07-0112.17
2024-06-2811.98
2024-06-2711.33
2024-06-2611.48
2024-06-2511.58
2024-06-2411.69
2024-06-2111.63
2024-06-2011.70
2024-06-1811.62
2024-06-1711.51
2024-06-1411.17
2024-06-1311.20
2024-06-1211.33
2024-06-1111.15
2024-06-1011.52
2024-06-0711.44
2024-06-0611.24
2024-06-0511.18
2024-06-0411.09
2024-06-0311.25
2024-05-3111.23
2024-05-3011.09
2024-05-2911.14
2024-05-2811.16
2024-05-2411.28
2024-05-2311.25
2024-05-2211.38
2024-05-2111.46
2024-05-2011.41
2024-05-1711.49
2024-05-1611.43
2024-05-1511.61
2024-05-1411.39
2024-05-1311.37
2024-05-1011.30
2024-05-0911.36
2024-05-0811.32
2024-05-0711.32
2024-05-0611.48
2024-05-0311.45

Showing the most recent 260 of 4,511 data points. The chart above shows the full history.

About Discover Financial Services

Based in Riverwoods, Illinois, and founded in 1960, Discover Financial Services offers a comprehensive suite of digital banking and payment solutions throughout the United States. Its operations are organized into two primary divisions: Digital Banking and Payment Services. The Digital Banking segment caters to individuals with Discover-branded credit cards, various consumer loan products including private student, personal, and home loans, and a direct-to-consumer deposit portfolio featuring savings, certificates of deposit (CDs), money market, checking, and sweep accounts, alongside specialized IRA deposit options. The Payment Services segment is responsible for operating the PULSE network, which supports automated teller machines, debit transactions, and electronic funds transfers. It also oversees Diners Club International, a global payments network involved in issuing branded charge cards and facilitating card acceptance. Furthermore, this segment provides essential payment transaction processing and settlement services.

Riverwoods, IL
21,000 employees
Financial Services / Financial - Credit Services
Sector
Financial Services
Industry
Financial - Credit Services
CEO
J. Michael Shepherd