Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 12.07.
Forward PE Ratio (12.07) = Close Price ($89.67) / Consensus Forward EPS ($7.29)
FORWARD PE RATIO
12.07
SECTOR MEDIAN · FINANCIAL SERVICES
14.95
median of 88 covered companies
CURRENT VS SECTOR MEDIAN
-19.24%
vs the sector median at left
Wells Fargo & Company
Market Cap
$271.16B
Forward PE Ratio
12.07
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Wells Fargo & Company (WFC) | $271.16B | 12.07 |
| The Goldman Sachs Group, Inc. (GS)vs › | $303.50B | 14.76 |
| Citigroup Inc. (C)vs › | $236.33B | 12.21 |
| American Express Company (AXP)vs › | $217.31B | 18.48 |
| Morgan Stanley (MS)vs › | $339.64B | 16.77 |
| The Toronto-Dominion Bank (TD)vs › | $201.29B | 11.73 |
| The Charles Schwab Corporation (SCHW)vs › | $185.29B | 16.45 |
| Vanguard FTSE Emerging Markets ETF (VWO)vs › | $169.94B | N/A |
| BlackRock, Inc. (BLK)vs › | $166.16B | 19.47 |
| Interactive Brokers Group, Inc. (IBKR)vs › | $156.01B | 33.68 |
Trailing P/E
12.7
reported TTM EPS
Forward P/E
12.1
consensus next-FY EPS
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $7.29 implies +5.2% EPS growth vs the reported trailing $6.93.
At today's $89.67 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 | $7.29 | $6.93 – $7.47 | 15 | 12.3x |
| 2027-12-31 | $7.97 | $7.46 – $8.40 | 17 | 11.2x |
| 2028-12-31 | $9.17 | $7.62 – $9.75 | 9 | 9.8x |
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