T. Rowe Price Group, Inc. TROW
105.51
1.24
1.19%
as of 25 Sep
- Market cap
- $22.2B
- P/E
- 10.6×
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T. Rowe Price Group, Inc. (TROW) P/B ratio
As of 25 September 2026, T. Rowe Price Group, Inc. (TROW) trades at a P/B ratio of 2.0×. Over the past ten years it has ranged from 1.7× (April 2025) to 6.4× (August 2021); the current reading is higher than 5% of that period. That is above the Asset Management industry median of 0.9× and above the Financial sector median of 1.3×.
P/B ratio, daily
Annual
| Period | P/B ratio | Change |
|---|---|---|
| FY2025 | 2.0× | (14.76%) |
| FY2024 | 2.4× | (3.83%) |
| FY2023 | 2.5× | (8.71%) |
| FY2022 | 2.7× | (43.16%) |
| FY2021 | 4.8× | 6.93% |
| FY2020 | 4.5× | 11.29% |
| FY2019 | 4.0× | 10.61% |
| FY2018 | 3.7× | (14.47%) |
| FY2017 | 4.3× | 14.83% |
| FY2016 | 3.7× | (2.74%) |
Quarterly
| Period | P/B ratio | Change |
|---|---|---|
| Jun 2026 | 2.2× | 21.56% |
| Mar 2026 | 1.8× | (12.30%) |
| Dec 2025 | 2.0× | (0.28%) |
| Sep 2025 | 2.1× | 3.36% |
| 42 more quarters | Free account |
Against its own ten years
Low 1.7×
High 6.4×
Ten-year median
3.7×
Current reading's percentile
5
P/B ratio against peers
| Company | P/B ratio |
|---|---|
| EQH Equitable Holdings, Inc. compare | n/m |
| OWL Blue Owl Capital Inc. compare | 1.1× |
| BEN Franklin Resources Inc compare | 1.3× |
| CRBG Corebridge Financial, Inc. compare | 1.5× |
| TPG TPG Inc. compare | 2.0× |
| TROW T. Rowe Price Group, Inc. | 2.0× |
| PFG Principal Financial Group, Inc. compare | 2.0× |
| RJF Raymond James Financial, Inc. compare | 2.4× |
| NTRS Northern Trust Corporation compare | 2.6× |
| Asset Management industry median | 0.9× |
| Financial sector median | 1.3× |
| Market median | 1.8× |
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))
More on TROW
- Revenue
- Net income
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- The full statement