Companies: 10,795·Total market cap: $144.5T
Morgan Stanley

Morgan Stanley

MSNYSEFinancial Services● Active
$211.93
$-6.34(-2.90%)
Market Cap$334.3B
P/E Ratio
52W High$218.32
52W Low$127.34

Morgan Stanley (MS) PE Ratio — Current & Historical Data

Trailing twelve months (TTM) P/E, forward P/E, PEG, and annual PE history — from market prices and filings.

ms · pe ratio · data through Dec 31, 2025

Core PE Ratio Metrics

Trailing 12 months · TTM

The price-to-earnings (P/E) ratio for Morgan Stanley (MS) measures how much investors pay for each dollar of the company's trailing earnings. MS's current PE ratio of 18.31x is calculated by dividing its stock price of $211.93 by its TTM earnings per share of $11.57. +25.6% elevated vs 5Y avg 14.6x

18.31x
P/E Ratio (TTM)+25.6%

Source: FMP · /ratios-ttm · /analyst-estimates · 2025-12-31

Forward P/E
17.83x
FY2026 est. EPS $11.89
Based on 16 analysts
EPS (TTM)
$11.57
TTM · diluted EPS
PEG Ratio
0.63
Below 1.0 · Growth adjusted
Source: FMP · /ratios-ttm · /ratios annual · /analyst-estimates · /stock-peers · Morgan Stanley SEC 10-K & 10-Q filings · US GAAPUpdated: 2026-06-08

PE Ratio History

2006 – 2025 · Annual
PE Ratio (TTM)
5Y Avg 14.6x
EPS (Annual)

▸ FMP /ratios?period=annual&limit=20 · priceToEarningsRatio + netIncomePerShare (Annual)

Historical PE Range

Past 20 fiscal years · Front-end computed
Average
40.0x
20-yr mean
Median
13.1x
20-yr midpoint
Minimum
6.1x
Lowest year
Maximum
546.3x
Highest year
18.3x ← Now
6.1x
Min
Q1 · 25%13.1x
Median
Q3 · 75%546.3x
Max
Historically Elevated

At 18.31x, MS's current P/E is higher than in 80% of its annual fiscal year readings over the past 20 years — historically elevated.

80th percentileHigher than 16 of 20 historical fiscal year readings

Percentile calculated from annual fiscal year data points, not by trading day. Years where PE ≤ 0 or > 9,999 are excluded.

PE Ratio vs Peers

Financial - Capital Markets · 6 peers · Annual PE
CompanyMarket CapPE (Annual)vs AvgEPS (TTM)
Morgan Stanley
Morgan StanleyYou
MS
$334.3B18.31x+4.1%$11.57
Applied Digital Corporation
Applied Digital Corporation
APLD
$11.3BN/A-$1.15
Bitfarms Ltd.
Bitfarms Ltd.
BITF
$1.3BN/A-$0.52
Bit Digital, Inc.
Bit Digital, Inc.
BTBT
$573MN/A-$0.03
CleanSpark, Inc.
CleanSpark, Inc.
CLSK
$4.0B11.23x-36.1%$1.29
Evercore Inc.
Evercore Inc.
EVR
$13.1B25.51x+45.1%$13.34
The Goldman Sachs Group, Inc.
The Goldman Sachs Group, Inc.
GS
$306.4B16.00x-9.0%$54.93
Industry Average
3 peers with valid PE
17.58xbaseline

* N/A — Company is not profitable (TTM) · excluded from industry average · ▸ FMP /stock-peers + /ratios?limit=1 · priceToEarningsRatio

Annual PE Ratio History

Showing 10 of 20 years
Fiscal Year EndPE RatioEPS (TTM)YoY ChangePE vs Max
2025-12-31Latest
FY2025
16.54x$10.73+10.7%
2024-12-31
FY2024
14.94x$8.42-10.6%
2023-12-31
FY2023
16.71x$5.58+28.2%
2022-12-31
FY2022
13.04x$6.52+11.8%
2021-12-31
FY2021
11.65x$8.42+16.7%
2020-12-31
FY2020
9.99x$6.86+9.3%
2019-12-31
FY2019
9.14x$5.59+18.1%
2018-12-31
FY2018
7.74x$5.12-54.6%
2017-12-31
FY2017
17.04x$3.08+30.4%
2016-12-31
FY2016
13.07x$3.23+31.8%

▸ FMP /ratios?period=annual&limit=20 · priceToEarningsRatio + netIncomePerShare · Zero extra API

About PE Ratio & Methodology

The price-to-earnings (P/E) ratio for Morgan Stanley (MS) measures how much investors pay for each dollar of the company's trailing earnings. MS's current PE ratio of 18.31x is calculated by dividing its stock price of $211.93 by its TTM earnings per share of $11.57.

PE Ratio = Stock Price ÷ EPS (TTM)
= $211.93 ÷ $11.57 = 18.31x
TTMTrailing Twelve Months — sum of the most recent 4 quarterly EPS figures
Forward PEStock price ÷ analyst consensus EPS estimate for the next fiscal year
PEGPE ÷ earnings growth rate — values below 1.0 suggest growth may justify the premium
Figures tie to SEC 10-K/10-Q and FMP ratio endpoints where noted.

Frequently asked questions

MS pe ratio · 6 questions

MS's current PE ratio is 18.31x as of 2026-06-08, based on a stock price of $211.93 and TTM EPS of $11.57. Data sourced from Financial Modeling Prep via MS's SEC 10-K and 10-Q filings.

MS PE ratioWhat is MS PE ratioCurrent PE ratio of MSMS PE ratio today

Source: FMP · /ratios-ttm · /ratios annual · /analyst-estimates · /stock-peers · Morgan Stanley SEC 10-K & 10-Q filings · US GAAP · Updated: 2026-06-08