Forward PE Ratio: 12.18
The forward PE ratio is 12.18 as of Thursday, July 9, 2026.
Forward PE Ratio (12.18) = Close Price ($117.05) / Consensus Forward EPS ($9.68)
TROW Forward PE Ratio Metrics
FORWARD PE RATIO
12.18
TROW Competitors' Forward PE Ratio
T. Rowe Price Group, Inc.
Market Cap
$25.08B
Forward PE Ratio
12.18
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| T. Rowe Price Group, Inc. (TROW) | $25.08B | 12.18 |
| KeyCorp (KEY)vs › | $24.93B | 12.41 |
| Principal Financial Group, Inc. (PFG)vs › | $24.12B | 11.82 |
| Synchrony Financial (SYF)vs › | $24.07B | 7.35 |
| Regions Financial Corporation (RF)vs › | $26.10B | 11.38 |
| SoFi Technologies, Inc. (SOFI)vs › | $23.88B | 29.73 |
| Loews Corporation (L)vs › | $23.69B | N/A |
| W. R. Berkley Corporation (WRB)vs › | $26.74B | 15.24 |
| Cincinnati Financial Corporation (CINF)vs › | $27.14B | 20.90 |
| Brown & Brown, Inc. (BRO)vs › | $22.99B | 15.17 |
Trailing vs Forward
Trailing P/E
12.6
reported TTM EPS
Forward P/E
12.2
consensus next-FY EPS
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $9.68 implies +3.8% EPS growth vs the reported trailing $9.33.
Forward P/E by Fiscal Year
View All Analyst EstimatesAt today's $117.05 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 | $9.68 | $8.94 – $10.70 | 7 | 12.1x |
| 2027-12-31 | $9.82 | $9.17 – $10.96 | 7 | 11.9x |
| 2028-12-31 | $9.80 | $9.40 – $10.37 | 5 | 11.9x |
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.
Forward 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
Forward PE Ratio FAQ
- What is the forward PE ratio for T. Rowe Price Group, Inc. (TROW)?
- The forward PE ratio for TROW stock is 12.18.
Related Metrics
About T. Rowe Price Group, Inc.
T. Rowe Price Group, Inc. operates as a publicly traded entity specializing in investment management. The firm extends its financial expertise to a diverse range of clients, including individual investors, institutional organizations, retirement benefit plans, and financial intermediaries. It is responsible for the establishment and ongoing management of both equity and fixed income mutual funds. The company's investment activities encompass public stock and bond markets worldwide. Employing a bottom-up methodology, the firm integrates both fundamental and quantitative analysis, leveraging insights from both internal research capabilities and external sources for its investment decisions. A core tenet of its investment philosophy is socially responsible investing, with a significant emphasis on environmental, social, and governance (ESG) factors. Furthermore, T. Rowe Price engages in late-stage venture capital transactions, typically committing between $3 million and $5 million per investment. Historically, the firm was known as T. Rowe Group, Inc. and T. Rowe Price Associates, Inc. Established in 1937, its global headquarters are situated in Baltimore, Maryland. The firm maintains a substantial international presence, with additional offices in Colorado Springs, Colorado; Owings Mills, Maryland; San Francisco, California; New York, New York; Philadelphia, Pennsylvania; Tampa, Florida; Toronto, Ontario; Hellerup, Denmark; Amsterdam, The Netherlands; Luxembourg, Grand Duchy of Luxembourg; Zurich, Switzerland; Dubai, United Arab Emirates; London, United Kingdom; Sydney, New South Wales; Hong Kong; Tokyo, Japan; Singapore; Frankfurt, Germany; Madrid, Spain; Milan, Italy; Stockholm, Sweden; Melbourne, Australia; and Amsterdam, Netherlands.
- Sector
- Financial Services
- Industry
- Asset Management
- CEO
- Robert W. Sharps