Franklin Resources Inc

BEN Financial Asset Management

Franklin Resources Inc’s revenue for fiscal 2025 (year ended September 2025) was $8.8 billion, up 3.45% from fiscal 2024. In the quarter to June 2026, revenue grew 14.3%, EPS grew 106.7%, free cash flow fell 55.7% and total debt rose 28.5%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for five consecutive years, revenue growth for three; insiders bought in the last twelve months.

30.98 0.40 −1.27%
Market cap
$15.9B
P/E
21.1×
Fwd P/E
18.2×
Dividend yield
4.26%
F-score
5/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Franklin Resources Inc (BEN) P/B ratio

Alert me on P/B ratio

As of 16 October 2026, Franklin Resources Inc (BEN) trades at a P/B ratio of 1.2×. Over the past ten years it has ranged from 0.7× (April 2025) to 2.8× (January 2015); the current reading is higher than 47% of that period. That is above the Asset Management industry median of 0.9× and in line with the Financial sector median of 1.2×.

P/B ratio, daily

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Annual newest first

Period P/B ratio Change
FY2025 0.9× 18.52%
FY2024 0.8× (18.00%)
FY2023 0.9× 10.56%
FY2022 0.9× (30.64%)
FY2021 1.2× 33.85%
FY2020 0.9× (32.68%)
FY2019 1.4× (14.78%)
FY2018 1.6× (16.92%)
FY2017 1.9× 16.57%
FY2016 1.7× (9.58%)

Quarterly newest first

Period P/B ratio Change
Jun 2026 1.3× 42.58%
Mar 2026 0.9× (1.40%)
Dec 2025 0.9× 2.71%
Sep 2025 0.9× (2.48%)
42 more quarters

Against its own ten years

Low 0.7× High 2.8×
Ten-year median 1.3×
Current reading's percentile 51

P/B ratio against peers

Company P/B ratio
EQH Equitable Holdings, Inc. compare n/m
ARCC Ares Capital Corporation compare 1.0×
OWL Blue Owl Capital Inc. compare 1.1×
IVZ Invesco Ltd. compare 1.2×
BEN Franklin Resources Inc 1.2×
CRBG Corebridge Financial, Inc. compare 1.4×
CG Carlyle Group Inc. compare 1.8×
TPG TPG Inc. compare 1.9×
SEIC SEI Investments Company compare 5.0×
Asset Management industry median 0.9×
Financial sector median 1.2×
Market median 1.7×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

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