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Friday 6 November 2026 Export TROW’s income statement to Excel — free account

T. Rowe Price Group, Inc.

TROW Financial Asset Management

T. Rowe Price Group, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $7.3 billion, up 3.12% from fiscal 2024.

Revenue
+5.88%
EPS
−3.12%
Free cash flow
−13.8%

Quarter to September 2026, against a year earlier

108.94 0.23 +0.21%
Market cap
$23.2B
P/E
11.0×
Fwd P/E
9.8×
Dividend yield
4.75%
F-score
5/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a
Overview Business Profile Earnings & Analysis
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios
Segments Valuation Filings

T. Rowe Price Group, Inc. (TROW) P/B ratio

Alert me on P/B ratio

As of 5 November 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

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Annual newest first

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 newest first

Period P/B ratio Change
Sep 2026 1.9× (11.87%)
Jun 2026 2.2× 21.56%
Mar 2026 1.8× (12.30%)
Dec 2025 2.0× (0.28%)
43 more quarters

Against its own ten years

Low 1.7× High 6.4×
Ten-year median 3.6×
Current reading's percentile 6

P/B ratio against peers

Company P/B ratio
OWL Blue Owl Capital Inc. compare 1.3×
BEN Franklin Resources Inc compare 1.3×
TROW T. Rowe Price Group, Inc. 2.0×
TPG TPG Inc. compare 2.0×
PFG Principal Financial Group, Inc. compare 2.0×
CRBG Corebridge Financial, Inc. compare 2.2×
RJF Raymond James Financial, Inc. compare 2.5×
NTRS Northern Trust Corporation compare 2.5×
PS Pershing Square Inc. compare 14.2×
Asset Management industry median 0.9×
Financial sector median 1.3×
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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