Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 17.28.
Forward PE Ratio (17.28) = Close Price ($112.30) / Consensus Forward EPS ($6.50)
FORWARD PE RATIO
17.28
SECTOR MEDIAN · FINANCIAL SERVICES
14.80
median of 83 covered companies
CURRENT VS SECTOR MEDIAN
+16.76%
vs the sector median at left
The Charles Schwab Corporation
Market Cap
$195.31B
Forward PE Ratio
17.28
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| The Charles Schwab Corporation (SCHW) | $195.31B | 17.28 |
| BlackRock, Inc. (BLK)vs › | $179.26B | 20.50 |
| Blackstone Inc. (BX)vs › | $173.19B | 24.04 |
| Vanguard FTSE Emerging Markets ETF (VWO)vs › | $168.77B | N/A |
| Citigroup Inc. (C)vs › | $225.77B | 11.76 |
| American Express Company (AXP)vs › | $226.90B | 19.04 |
| Interactive Brokers Group, Inc. (IBKR)vs › | $162.21B | 34.59 |
| Wells Fargo & Company (WFC)vs › | $253.53B | 11.50 |
| Capital One Financial Corporation (COF)vs › | $133.68B | 10.66 |
| Vanguard Dividend Appreciation ETF (VIG)vs › | $132.05B | N/A |
Trailing P/E
20.4
reported TTM EPS
Forward P/E
17.3
consensus next-FY EPS
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $6.50 implies +18.2% EPS growth vs the reported trailing $5.50.
At today's $112.30 close, each upcoming fiscal year's consensus EPS implies a different multiple — how quickly the price is "paid down" by expected earnings if the estimates hold.
| Fiscal year end | Consensus EPS | Estimate range | Analysts | Implied P/E |
|---|---|---|---|---|
| 2026-12-31 | $6.50 | $6.21 – $6.65 | 15 | 17.3x |
| 2027-12-31 | $7.89 | $6.93 – $8.53 | 15 | 14.2x |
| 2028-12-31 | $9.15 | $8.17 – $9.83 | 7 | 12.3x |
Source: FMP analyst consensus estimates, refreshed with the daily precompute. "n/m" = the consensus EPS is not positive, so a multiple is undefined. There is no forward P/E history chart here because charting one would require the estimates as they stood in the past, which we do not store — see the trailing P/E history for how the realized multiple has moved.
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