Charles Schwab forward PE SCHW

Share price divided by analysts' consensus earnings for the next twelve months, since 1996.

Today, Oct 23, 2026: 12.1×
10-year median: 19.2×
Against its 10-year history: 0th; percentile: 0 is its lowest day, 100 its highest
10-year range: 12.1× to 28.2×
Peer median: 13.4×

Charles Schwab's forward PE is 12.1× as of Oct 23, 2026.

That is below its ten-year median of 19.2×, lower than on 100% of days in the last ten years.

Over that time it ranged from 12.1× in Oct 2026 to 28.2× in Jan 2017.

The median for 6 capital markets stocks of a similar size is 13.4×.

Forward PE over time

median 19.2×

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	12.1×	12.1×	17.3×
2025	17.0×	14.5×	18.6×
2024	17.5×	16.4×	23.7×
2023	24.2×	16.5×	26.9×
2022	24.2×	15.2×	25.9×
2021	22.8×	17.2×	23.5×
2020	17.7×	12.5×	21.4×
2019	21.4×	14.6×	22.1×
2018	15.9×	15.1×	26.2×
2017	24.2×	20.7×	28.2×
2016	26.3×	19.0×	26.9×
2015	28.4×	24.6×	31.9×
2014	30.5×	25.8×	32.1×
2013	30.5×	21.3×	30.5×
2012	20.2×	18.1×	24.3×
2011	18.5×	17.7×	29.9×
2010	26.3×	23.0×	44.7×
2009	38.4×	15.1×	38.9×
2008	20.3×	18.8×	32.4×
2007	25.4×	18.2×	25.4×

Against its peers

Companies in Financial - Capital Markets nearest Charles Schwab's size, closest first, today.

Company	Forward PE
SCHWCharles Schwab	12.1×
GSGoldman Sachs	12.1×
MSMorgan Stanley	13.4×
HOODRobinhood Markets	37.3×
TWTradeweb Markets	28.3×
LPLALPL Financial	11.7×
CRCLCircle Internet	n/m
Peer median	13.4×

Where Charles Schwab 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 Charles Schwab

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