Basis: Latest reported fiscal year. Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 11.74 as of Tuesday, July 28, 2026.
Forward PE Ratio (11.74) = Close Price ($114.09) / Consensus Forward EPS ($9.48)
FORWARD PE RATIO
11.74
SECTOR MEDIAN · FINANCIAL SERVICES
14.43
median of 82 covered companies
CURRENT VS SECTOR MEDIAN
-18.67%
vs the sector median at left
Principal Financial Group, Inc.
Market Cap
$24.64B
Forward PE Ratio
11.74
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Principal Financial Group, Inc. (PFG) | $24.64B | 11.74 |
| Loews Corporation (L)vs › | $24.57B | N/A |
| KeyCorp (KEY)vs › | $24.43B | 12.32 |
| Brown & Brown, Inc. (BRO)vs › | $24.96B | 15.52 |
| Synchrony Financial (SYF)vs › | $25.09B | 8.05 |
| T. Rowe Price Group, Inc. (TROW)vs › | $26.07B | 11.68 |
| Regions Financial Corporation (RF)vs › | $26.69B | 11.69 |
| Global Payments Inc. (GPN)vs › | $21.71B | 6.35 |
| SoFi Technologies, Inc. (SOFI)vs › | $21.47B | 28.28 |
| Cincinnati Financial Corporation (CINF)vs › | $28.25B | 21.08 |
Trailing P/E
15.9
reported TTM EPS
Forward P/E
11.7
consensus next-FY EPS
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $9.48 implies +35.8% EPS growth vs the reported trailing $6.98.
At today's $114.09 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 | $9.48 | $9.33 – $9.63 | 7 | 12.0x |
| 2027-12-31 | $10.39 | $10.18 – $10.58 | 7 | 11.0x |
| 2028-12-31 | $11.23 | $10.31 – $12.03 | 5 | 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