Basis: FMP quote price / unrounded FMP forward EPS in the trading currency, available after its recorded retrieval time. Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 12.08 as of 2026-09-12T00:15:53.774Z.
Consensus retrieved: 2026-09-10T03:33:21.604Z. This records retrieval, including cache reads, rather than vendor publication. The calculation uses the separately dated price and estimate available at its as-of time.
Calculation as of: 2026-09-12T00:15:53.774Z.
Quote observation: 2026-09-11T20:00:00.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: f210210329e9127dc9570048caa77714491eeb3c3e2a1a3545a146a831f9eb79
Forward PE Ratio (12.08) = Dated Quote Price ($116.17) / Consensus Forward EPS ($9.61)
FORWARD PE RATIO
12.08
SECTOR MEDIAN · FINANCIAL SERVICES
14.71
median of 87 covered companies
CURRENT VS SECTOR MEDIAN
-17.88%
vs the sector median at left
Principal Financial Group, Inc.
Market Cap
$24.87B
Forward PE Ratio
12.08
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Principal Financial Group, Inc. (PFG) | $24.87B | 12.08 |
| Synchrony Financial (SYF)vs › | $24.72B | 8.13 |
| Circle Internet Group (CRCL)vs › | $24.22B | 86.29 |
| Regions Financial Corporation (RF)vs › | $25.71B | 11.43 |
| W. R. Berkley Corporation (WRB)vs › | $26.02B | 14.34 |
| Cincinnati Financial Corporation (CINF)vs › | $26.06B | 20.29 |
| KeyCorp (KEY)vs › | $23.57B | 11.95 |
| T. Rowe Price Group, Inc. (TROW)vs › | $22.77B | 10.42 |
| Loews Corporation (L)vs › | $22.39B | N/A |
| SoFi Technologies, Inc. (SOFI)vs › | $22.22B | 29.34 |
Trailing P/E
16.5
reported TTM EPS
Forward P/E
12.1
consensus EPS · fiscal year ending 2026-12-31
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $9.61 implies +36.7% EPS growth vs the reported trailing $7.03.
At the dated quote price of $116.17, 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 | $9.61 | $9.42 – $9.84 | 6 | 12.1x |
| 2027-12-31 | $10.44 | $10.19 – $10.58 | 6 | 11.1x |
| 2028-12-31 | $11.40 | $11.01 – $11.70 | 3 | 10.2x |
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
