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TROWT. Rowe Price Group, Inc.

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

TROW

T. Rowe Price Group, Inc.

Current

Market Cap

$25.08B

Forward PE Ratio

12.18

KEY

KeyCorp

vs TROW

Market Cap

$24.93B

Forward PE Ratio

12.41

PFG

Principal Financial Group, Inc.

vs TROW

Market Cap

$24.12B

Forward PE Ratio

11.82

SYF

Synchrony Financial

vs TROW

Market Cap

$24.07B

Forward PE Ratio

7.35

RF

Regions Financial Corporation

vs TROW

Market Cap

$26.10B

Forward PE Ratio

11.38

SOFI

SoFi Technologies, Inc.

vs TROW

Market Cap

$23.88B

Forward PE Ratio

29.73

L

Loews Corporation

vs TROW

Market Cap

$23.69B

Forward PE Ratio

N/A

WRB

W. R. Berkley Corporation

vs TROW

Market Cap

$26.74B

Forward PE Ratio

15.24

CINF

Cincinnati Financial Corporation

vs TROW

Market Cap

$27.14B

Forward PE Ratio

20.90

BRO

Brown & Brown, Inc.

vs TROW

Market Cap

$22.99B

Forward PE Ratio

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 Estimates

At 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 endConsensus EPSEstimate rangeAnalystsImplied P/E
2026-12-31$9.68$8.94 – $10.70712.1x
2027-12-31$9.82$9.17 – $10.96711.9x
2028-12-31$9.80$9.40 – $10.37511.9x

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.

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.

Baltimore, MD
8,084 employees
Financial Services / Asset Management
Sector
Financial Services
Industry
Asset Management
CEO
Robert W. Sharps