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RJF (Raymond James Financial) PE Ratio (TTM) : 15.26 (As of Oct. 31, 2024)


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What is Raymond James Financial PE Ratio (TTM)?

The PE Ratio (TTM), or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). As of today (2024-10-31), Raymond James Financial's share price is $148.22. Raymond James Financial's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2024 was $9.71. Therefore, Raymond James Financial's PE Ratio (TTM) for today is 15.26.


The historical rank and industry rank for Raymond James Financial's PE Ratio (TTM) or its related term are showing as below:

RJF' s PE Ratio (TTM) Range Over the Past 10 Years
Min: 8.34   Med: 15.22   Max: 23.97
Current: 15.26


During the past 13 years, the highest PE Ratio (TTM) of Raymond James Financial was 23.97. The lowest was 8.34. And the median was 15.22.


RJF's PE Ratio (TTM) is ranked worse than
61.51% of 1247 companies
in the Asset Management industry
Industry Median: 11.57 vs RJF: 15.26

Raymond James Financial's Earnings per Share (Diluted) for the three months ended in Jun. 2024 was $2.31. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2024 was $9.71.

As of today (2024-10-31), Raymond James Financial's share price is $148.22. Raymond James Financial's EPS without NRI for the trailing twelve months (TTM) ended in Jun. 2024 was $10.05. Therefore, Raymond James Financial's PE Ratio without NRI for today is 14.75.

During the past 13 years, Raymond James Financial's highest PE Ratio without NRI was 19.19. The lowest was 8.19. And the median was 14.32.

Raymond James Financial's EPS without NRI for the three months ended in Jun. 2024 was $2.39. Its EPS without NRI for the trailing twelve months (TTM) ended in Jun. 2024 was $10.05.

During the past 12 months, Raymond James Financial's average EPS without NRI Growth Rate was 11.90% per year. During the past 3 years, the average EPS without NRI Growth Rate was 26.70% per year. During the past 5 years, the average EPS without NRI Growth Rate was 15.70% per year. During the past 10 years, the average EPS without NRI Growth Rate was 16.50% per year.

During the past 13 years, Raymond James Financial's highest 3-Year average EPS without NRI Growth Rate was 47.90% per year. The lowest was -13.00% per year. And the median was 14.45% per year.

Raymond James Financial's EPS (Basic) for the three months ended in Jun. 2024 was $2.37. Its EPS (Basic) for the trailing twelve months (TTM) ended in Jun. 2024 was $9.95.


Raymond James Financial PE Ratio (TTM) Historical Data

The historical data trend for Raymond James Financial's PE Ratio (TTM) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Raymond James Financial PE Ratio (TTM) Chart

Raymond James Financial Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
PE Ratio (TTM)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.50 13.92 14.16 12.60 12.62

Raymond James Financial Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
PE Ratio (TTM) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12.60 13.97 15.53 13.94 At Loss

Competitive Comparison of Raymond James Financial's PE Ratio (TTM)

For the Asset Management subindustry, Raymond James Financial's PE Ratio (TTM), along with its competitors' market caps and PE Ratio (TTM) data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Raymond James Financial's PE Ratio (TTM) Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Raymond James Financial's PE Ratio (TTM) distribution charts can be found below:

* The bar in red indicates where Raymond James Financial's PE Ratio (TTM) falls into.



Raymond James Financial PE Ratio (TTM) Calculation

The PE Ratio (TTM), or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). It is the most widely used ratio in the valuation of stocks.

Raymond James Financial's PE Ratio (TTM) for today is calculated as

PE Ratio (TTM)=Share Price/Earnings per Share (Diluted) (TTM)
=148.22/9.710
=15.26

Raymond James Financial's Share Price of today is $148.22.
Raymond James Financial's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $9.71.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

It can also be calculated from the numbers for the whole company:

PE Ratio (TTM)=Market Cap /Net Income

There are at least three kinds of PE Ratio (TTM)s used by different investors. They are Trailing Twelve Month PE Ratio (TTM) or PE Ratio (TTM) (TTM), Forward PE Ratio, or PE Ratio without NRI. A new PE Ratio (TTM) based on inflation-adjusted normalized PE Ratio (TTM) is called Shiller PE Ratio, after Yale professor Robert Shiller.

In the calculation of PE Ratio (TTM), the earnings per share used are the earnings per share over the past 12 months. For Forward PE Ratio, the earnings are the expected earnings for the next twelve months. In the case of PE Ratio without NRI, the reported earnings less the non-recurring items are used.

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. Since it looks at the average over the last 10 years, Shiller PE Ratio is also called PE10.


Raymond James Financial  (NYSE:RJF) PE Ratio (TTM) Explanation

The PE Ratio (TTM) can be viewed as the number of years it takes for the company to earn back the price you pay for the stock. For example, if a company earns $2 a share per year, and the stock is traded at $30, the PE Ratio (TTM) is 15. Therefore it takes 15 years for the company to earn back the $30 you paid for its stock, assuming the earnings stays constant over the next 15 years.

In real business, earnings never stay constant. If a company can grow its earnings, it takes fewer years for the company to earn back the price you pay for the stock. If a company's earnings decline it takes more years. As a shareholder, you want the company to earn back the price you pay as soon as possible. Therefore, lower P/E stocks are more attractive than higher P/E stocks so long as the PE Ratio (TTM) is positive. Also for stocks with the same PE Ratio (TTM), the one with faster growth business is more attractive.

If a company loses money, the PE Ratio (TTM) becomes meaningless.

To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the PE Ratio (TTM) divided by the growth ratio. He thinks a company with a PE Ratio (TTM) equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a PE Ratio (TTM) of 20, instead of a company growing 10% a year with a PE Ratio (TTM) of 10.

Because the PE Ratio (TTM) measures how long it takes to earn back the price you pay, the PE Ratio (TTM) can be applied to the stocks across different industries. That is why it is the one of the most important and widely used indicators for the valuation of stocks.

Similar to the PE Ratio without NRI or PS Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PE Ratio (TTM) measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

Investors need to be aware that the PE Ratio (TTM) can be misleading a lot of times, especially when the underlying business is cyclical and unpredictable. As Peter Lynch pointed out, cyclical businesses have higher profit margins at the peaks of the business cycles. Their earnings are high and PE Ratio (TTM)s are artificially low. It is usually a bad idea to buy a cyclical business when the PE Ratio (TTM) is low. A better ratio to identify the time to buy a cyclical businesses is the PS Ratio .

PE Ratio (TTM) can also be affected by non-recurring-items such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio (TTM).


Raymond James Financial PE Ratio (TTM) Related Terms

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Raymond James Financial Business Description

Traded in Other Exchanges
Address
880 Carillon Parkway, Saint Petersburg, FL, USA, 33716
Raymond James Financial is a financial holding company whose major operations include wealth management, investment banking, asset management, and commercial banking. The company supports more than 8,000 employee and independent contractor financial advisors across the United States, Canada, and the United Kingdom with over $1.2 trillion of assets under administration as of September 2023. Approximately 90% of the company's revenue is from the US and 70% is from the company's wealth-management segment.
Executives
Tashtego S Elwyn officer: President - RJA 880 CARILLON PARKWAY, ST PETERSBURG FL 33716
Bella Loykhter Allaire officer: Executive Vice President-RJA 880 CARILLON PARKWAY, ST. PETERSBURG FL 33716
James E Bunn officer: Co-Pres-GlobEq&Inv Banking-RJA 880 CARILLON PARKWAY, SAINT PETERSBURG FL 33716
Steven M Raney officer: President & CEO RJBank 880 CARILLON PARKWAY, ST. PETERSBURG FL 33716
Art A Garcia director 11690 N.W. 105TH STREET, MIAMI FL 33178
Jonathan N Santelli officer: EVP, Gen Counsel, Secy 880 CARILLON PARKWAY, SAINT PETERSBURG FL 33716
Paul C Reilly director 880 CARILLON PARKWAY, ST. PETERSBURG FL 33716
Jeffrey A Dowdle officer: President, AMS - RJA 880 CARILLON PARKWAY, ST. PETERSBURG FL 33716
Horace Carter officer: President, Fixed Income 1100 RIDGEWAY LOOP ROAD, MEMPHIS TN 38120
Raymond W Mcdaniel director 7 WORLD TRADE CENTER, 250 GREENWICH STREET, NEW YORK NY 10007
Jodi Perry officer: President, ICD for RJFS 880 CARILLON PARKWAY, SAINT PETERSBURG FL 33716
George Catanese officer: Executive Vice President 880 CARILLON PARKWAY, ST. PETERSBURG X1 33716
Thomas A James director, 10 percent owner, officer: Chairman/CEO 880 CARILLON PARKWAY, ST. PETERSBURG FL 33772
Christopher S Aisenbrey officer: Chief Human Resources Officer 880 CARILLON PARKWAY, SAINT PETERSBURG FL 33716
Coulter James Robert Edward officer: Director & CEO, RJ Ltd. 40 KING STREET W, SUITE 5400, TORONTO A6 M5H 3Y2