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 13.56 as of 2026-09-19T00:15:55.887Z.
Consensus retrieved: 2026-09-13T23:38:30.438Z. 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: 2026-09-19T00:15:55.887Z.
Quote observation: 2026-09-18T20:00:03.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: bc6ef505b5e5cf7e53d9649fcc009e2ccb125d1f9887624b4f7bbaeab1e9ce6d
Forward PE Ratio (13.56) = Dated Quote Price ($164.75) / Consensus Forward EPS ($12.15)
FORWARD PE RATIO
13.56
SECTOR MEDIAN · FINANCIAL SERVICES
14.39
median of 87 covered companies
CURRENT VS SECTOR MEDIAN
-5.77%
vs the sector median at left
Raymond James Financial, Inc.
Market Cap
$31.65B
Forward PE Ratio
13.56
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Raymond James Financial, Inc. (RJF) | $31.65B | 13.56 |
| Huntington Bancshares Incorporated (HBAN)vs › | $32.08B | 11.51 |
| iShares Silver Trust (SLV)vs › | $32.25B | N/A |
| Northern Trust Corporation (NTRS)vs › | $32.55B | 15.51 |
| M&T Bank Corporation (MTB)vs › | $32.94B | 11.75 |
| Arch Capital Group Ltd. (ACGL)vs › | $33.85B | 10.32 |
| Willis Towers Watson Public Limited Company (WTW)vs › | $28.79B | 15.63 |
| Cboe Global Markets, Inc. (CBOE)vs › | $28.56B | 19.47 |
| Citizens Financial Group, Inc. (CFG)vs › | $28.35B | 12.64 |
| The Hartford Insurance Group, Inc. (HIG)vs › | $36.16B | 10.35 |
Trailing P/E
14.3
reported TTM EPS
Forward P/E
13.6
consensus EPS · fiscal year ending 2026-09-30
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $12.15 implies +5.8% EPS growth vs the reported trailing $11.48.
At the dated quote price of $164.75, 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 |
|---|---|---|---|---|
| 2026-09-30 | $12.15 | $11.72 – $12.38 | 10 | 13.6x |
| 2027-09-30 | $14.29 | $4.21 – $16.38 | 10 | 11.5x |
| 2028-09-30 | $16.69 | $14.39 – $18.35 | 3 | 9.9x |
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.
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
