T. Rowe Price Group, Inc.
TROW
Rank in Stocks
#1084
T. Rowe Price Group, Inc. operates as a publicly traded entity specializing in... T. Rowe Price Group, Inc. operates as a publicly traded entity specializing in investment management. The firm extends its financial expertise to a diverse range of clients, including individual investors, institutional organizations, retirement benefit plans, and financial intermediaries. It is responsible for the establishment and ongoing management of both equity and fixed income mutual funds. The company's investment activities encompass public stock and bond markets worldwide. Employing a bottom-up methodology, the firm integrates both fundamental and quantitative analysis, leveraging insights from both internal research capabilities and external sources for its investment decisions. A core tenet of its investment philosophy is socially responsible investing, with a significant emphasis on environmental, social, and governance (ESG) factors. Furthermore, T. Rowe Price engages in late-stage venture capital transactions, typically committing between $3 million and $5 million per investment. Historically, the firm was known as T. Rowe Group, Inc. and T. Rowe Price Associates, Inc. Established in 1937, its global headquarters are situated in Baltimore, Maryland. The firm maintains a substantial international presence, with additional offices in Colorado Springs, Colorado; Owings Mills, Maryland; San Francisco, California; New York, New York; Philadelphia, Pennsylvania; Tampa, Florida; Toronto, Ontario; Hellerup, Denmark; Amsterdam, The Netherlands; Luxembourg, Grand Duchy of Luxembourg; Zurich, Switzerland; Dubai, United Arab Emirates; London, United Kingdom; Sydney, New South Wales; Hong Kong; Tokyo, Japan; Singapore; Frankfurt, Germany; Madrid, Spain; Milan, Italy; Stockholm, Sweden; Melbourne, Australia; and Amsterdam, Netherlands.
Share Price
$100.73
Market Cap
$21.49B
Change (1 day)
-0.24%
Change (1 year)
-2.87%
Country
US
Trade T. Rowe Price Group, Inc. (TROW)
Category
Financial Services
P/E ratio for T. Rowe Price Group, Inc. (TROW)
P/E ratio as of October 2026 TTM: 9.98
According to T. Rowe Price Group, Inc. latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.98. At the end of 2024 the company had a P/E ratio of 12.00.
P/E ratio history for T. Rowe Price Group, Inc. from 2000 to 2026
P/E ratio at the end of each year
| Year | P/E Ratio | Change |
|---|---|---|
| 2026 (TTM) | 9.98 | -9.09% |
| 2025 | 10.98 | -8.51% |
| 2024 | 12.00 | -11.08% |
| 2023 | 13.49 | -14.72% |
| 2022 | 15.82 | 9.46% |
| 2021 | 14.45 | -0.99% |
| 2020 | 14.60 | 8.48% |
| 2019 | 13.46 | 10.59% |
| 2018 | 12.17 | -27.99% |
| 2017 | 16.90 | 11.12% |
| 2016 | 15.21 | 2.18% |
| 2015 | 14.88 | -17.90% |
| 2014 | 18.13 | -12.23% |
| 2013 | 20.65 | 10.59% |
| 2012 | 18.68 | -0.80% |
| 2011 | 18.83 | -23.76% |
| 2010 | 24.69 | -21.42% |
| 2009 | 31.43 | 67.85% |
| 2008 | 18.72 | -22.11% |
| 2007 | 24.04 | 10.26% |
| 2006 | 21.80 | 0.13% |
| 2005 | 21.77 | -7.35% |
| 2004 | 23.50 | -8.82% |
| 2003 | 25.77 | 49.26% |
| 2002 | 17.27 | -20.93% |
| 2001 | 21.84 | 14.71% |
| 2000 | 19.04 | 0.00% |
P/E ratio for similar companies or competitors
| Company | P/E Ratio | P/E Ratio Difference | Country |
|---|---|---|---|
| 24.09 | 141.36% |
US
|
|
| - | - |
SE
|
|
| 23.60 | 136.45% |
US
|
|
| 25.48 | 155.22% |
US
|
|
| 26.01 | 160.59% |
US
|
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share.
A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.