P/E Ratio
Higher than 74% of Financial Services sector peers
Updated 22h ago
Sector Performance
74th percentileBLK
24.8x
Sector Median
13.7x
Sector Avg
19.0x
Deep Analysis
The P/E ratio of 24.8x means investors are paying $24.80 for every $1 of BlackRock's earnings, a common measure of how expensive a stock is relative to its profitability.
This is well above the Financial Services sector median of 13.7x, placing BlackRock in the 73rd percentile among its peers—indicating a premium valuation compared to most sector companies. The metric has been perfectly stable over the last eight quarters, with year-over-year change of +0.0% and quarter-over-quarter change of +0.0%. While the elevated P/E suggests lower margin of safety or higher growth expectations, the complete lack of movement in either direction implies no recent shift in investor sentiment around earnings. This combination of a high level and flat trend points to neither an emerging risk nor an obvious opportunity from valuation changes alone. The metric supports the overall NEUTRAL verdict: a premium valuation that is not expanding or contracting offers no clear catalyst for a bullish or bearish stance.
Frequently Asked Questions
What does the P/E Ratio tell investors about BLK?
Measures how much investors pay per dollar of earnings. A high P/E signals growth expectations; a low P/E may indicate undervaluation or slow growth.
How is the P/E Ratio calculated?
P/E Ratio is calculated as: Price / EPS.
How does BLK's P/E Ratio compare to its sector?
BLK's P/E Ratio of 24.8x compares to a Financial Services sector median of 13.7x, placing it in the 74th percentile.
Who are BLK's closest peers by P/E Ratio?
The closest Financial Services peers by P/E Ratio include: RJF (13.8x), AIG (13.7x), PFG (13.2x), BRK-B (14.4x), AFL (12.9x).
The Formula
Price / EPS
Why It Matters
Measures how much investors pay per dollar of earnings. A high P/E signals growth expectations; a low P/E may indicate undervaluation or slow growth.
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24.8x
Sector Median
13.7x
Sector Avg
19.0x
How BLK's P/E Ratio compares to sector peers.
Also Analyze
Not financial advice. Research tool only. Data may be delayed.