Principal Financial forward PE PFG

Share price divided by analysts' consensus earnings for the next twelve months, since 2001.

Today, Oct 23, 2026: 11.0×
10-year median: 10.5×
Against its 10-year history: 63rd; percentile: 0 is its lowest day, 100 its highest
10-year range: 4.9× to 15.0×
Peer median: 11.3×

Principal Financial's forward PE is 11.0× as of Oct 23, 2026.

That is above its ten-year median of 10.5×, close to the middle of its last ten years.

Over that time it ranged from 4.9× in Mar 2020 to 15.0× in Nov 2022.

The median for 10 asset managers of a similar size is 11.3×.

Forward PE over time

median 10.5×

The dashed line is the 10-year median and the shaded band the middle half of its days.

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	11.0×	9.2×	12.0×
2025	9.9×	8.6×	10.8×
2024	9.8×	9.7×	11.8×
2023	10.9×	9.3×	14.7×
2022	13.3×	10.7×	15.0×
2021	11.9×	8.0×	11.9×
2020	8.4×	4.9×	11.0×
2019	10.5×	8.1×	11.5×
2018	7.7×	7.4×	12.7×
2017	11.9×	10.9×	12.6×
2016	12.4×	8.6×	12.9×
2015	10.8×	10.6×	14.1×
2014	13.1×	11.8×	14.0×
2013	13.9×	9.7×	14.3×
2012	9.6×	8.6×	11.2×
2011	8.6×	6.9×	11.5×
2010	11.1×	8.2×	11.6×
2009	9.0×	2.4×	10.9×
2008	8.0×	4.1×	18.8×
2007	17.2×	13.5×	17.9×

Against its peers

Companies in Asset Management nearest Principal Financial's size, closest first, today.

Company	Forward PE
PFGPrincipal Financial	11.0×
TROWT. Rowe Price	10.3×
RJFRaymond James Financial	11.4×
NTRSNorthern Trust	14.0×
TPGTPG	n/m
BENFranklin Resources	n/m
OWLBlue OWL Capital	n/m
CGCarlyle	n/m
ARESAres Management	19.2×
AMPAmeriprise Financial	10.1×
STTState Street	11.2×
Peer median	11.3×

Where Principal Financial ranks

What the forward PE tells you

Price divided by what analysts expect the company to earn over the next twelve months. It answers "what am I paying for next year" instead of last year.

Estimates are opinions. When forward PE is far below trailing PE, analysts expect a big jump in earnings. If that jump slips, the stock was not as cheap as it looked.

More on Principal Financial

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.