State Street Stock

State Street P/E 2024

State Street P/E

9.87

Ticker

STT

ISIN

US8574771031

WKN

864777

As of Dec 9, 2024, State Street's P/E ratio was 9.87, a -20.85% change from the 12.47 P/E ratio recorded in the previous year.

The State Street P/E history

State Street Aktienanalyse

What does State Street do?

State Street Corporation is a financial services firm headquartered in Boston, Massachusetts. The company's history dates back to 1792 when a group of traders came together to make investments. Over the years, the company has undergone several mergers and acquisitions and is now one of the largest asset management companies in the world. The business model of State Street Corporation is based on assisting clients in managing their assets. The company offers a wide range of financial products and services, including asset management, investment banking, securities lending and hedging, investment administration and accounting, and risk management solutions. An important division of the company is asset management, which involves managing investment portfolios for institutional clients such as pension funds, insurance companies, and funds. State Street Corporation manages assets worth more than $3 trillion, making it one of the largest asset managers in the world. Another important division is investment banking, which includes a wide range of services for clients such as mergers and acquisitions, stock and bond issuance, and restructuring. State Street Corporation is known for its strong expertise in emerging markets. In addition to asset management and investment banking, State Street Corporation also provides technology-enabled financial services. This includes the State Street AlphaSM platform, which provides a shared platform for clients to manage their portfolios, minimize risks, and ensure compliance. Another significant product of State Street Corporation is the ETF (Exchange-Traded Fund) division. These are exchange-traded funds that are passively managed and mimic the benchmark index of a specific market or industry. State Street Global Advisors is the world's third-largest ETF provider, offering a wide range of ETFs for investors. Overall, State Street Corporation has become one of the world's leading companies in the financial services industry due to its wide range of financial products and services for clients worldwide. Thanks to its strong operational business model and conservative financial policies, the company has established itself as one of the most stable and financially healthy companies in the industry. State Street ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering State Street's P/E Ratio

The Price to Earnings (P/E) Ratio of State Street is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.

Year-to-Year Comparison

Assessing State Street's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.

Impact on Investments

The P/E ratio of State Street is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.

Interpreting P/E Ratio Fluctuations

Fluctuations in State Street’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.

Frequently Asked Questions about State Street stock

What is the price-to-earnings ratio of State Street?

The price-earnings ratio of State Street is currently 9.87.

How has the price-earnings ratio of State Street changed compared to last year?

The price-to-earnings ratio of State Street has increased by -20.85% fallen (meaning "decreased" or "dropped") compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of State Street high compared to other companies?

Yes, the price-to-earnings ratio of State Street is high compared to other companies.

How does an increase in the price-earnings ratio of State Street affect the company?

An increase in the price-earnings ratio of State Street would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of State Street affect the company?

A decrease in the price-earnings ratio of State Street would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of State Street?

Some factors that influence the price-earnings ratio of State Street are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does State Street pay?

Over the past 12 months, State Street paid a dividend of 2.64 USD . This corresponds to a dividend yield of about 2.68 %. For the coming 12 months, State Street is expected to pay a dividend of 2.55 USD.

What is the dividend yield of State Street?

The current dividend yield of State Street is 2.68 %.

When does State Street pay dividends?

State Street pays a quarterly dividend. This is distributed in the months of January, April, August, November.

How secure is the dividend of State Street?

State Street paid dividends every year for the past 25 years.

What is the dividend of State Street?

For the upcoming 12 months, dividends amounting to 2.55 USD are expected. This corresponds to a dividend yield of 2.59 %.

In which sector is State Street located?

State Street is assigned to the 'Finance' sector.

Wann musste ich die Aktien von State Street kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of State Street from 10/11/2024 amounting to 0.76 USD, you needed to have the stock in your portfolio before the ex-date on 10/1/2024.

When did State Street pay the last dividend?

The last dividend was paid out on 10/11/2024.

What was the dividend of State Street in the year 2023?

In the year 2023, State Street distributed 2.4 USD as dividends.

In which currency does State Street pay out the dividend?

The dividends of State Street are distributed in USD.

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Andere Kennzahlen von State Street

Our stock analysis for State Street Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of State Street Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.