Question 1

What is Blackstone's P/E ratio?

Accepted Answer

Blackstone (BX) P/E ratio is 29.6× as of June 5, 2026. The ratio is calculated by dividing market capitalisation by trailing twelve-month earnings (net income), using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/E ratio calculated?

Accepted Answer

P/E = Share Price ÷ Trailing Twelve-Month (TTM) Diluted EPS, or equivalently Market Capitalisation ÷ TTM Net Income. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/E ratio?

Accepted Answer

The price-to-earnings (P/E) ratio, also called the earnings multiple, measures how much investors pay per dollar of a company's trailing twelve-month (TTM) earnings. It is calculated as share price ÷ TTM diluted EPS (equivalent to market capitalisation ÷ TTM net income). A higher P/E implies the market is pricing in stronger future earnings growth or lower risk; a lower P/E can signal slower expected growth, higher risk, or potential undervaluation.

Question 4

What is a good P/E ratio for Blackstone?

Accepted Answer

There is no universal "good" P/E. As a rule of thumb, the S&P 500 has historically averaged a P/E in the mid-to-high teens; mature, slow-growth businesses commonly trade in the 10–18× range, while high-growth or asset-light companies often trade at 25–50×+. What matters is the comparison to sector peers and to the company's own historical range. For Blackstone specifically, the relevant sector benchmark is the current sector median of 12.8×.

Question 5

Is Blackstone's P/E ratio high or low?

Accepted Answer

Blackstone's P/E ratio of 29.6× is below its own 5-year average of 62.1× and above the sector median of 12.8×. That places the current reading at the 36th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is Blackstone's historical P/E ratio range?

Accepted Answer

In the available daily series, Blackstone (BX) P/E ratio has ranged from a low of 2.9× in 2007 to a high of 161.2× in 2011. The 5-year average is 62.1× and the 5-year median is 63.8×.

Question 7

What was Blackstone's P/E ratio in 2025?

Accepted Answer

Blackstone (BX) P/E ratio at the end of 2025 was 61.1×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month earnings figure available at that date.

Question 8

Why does Blackstone's P/E ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (earnings). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$184.58B	$3.02B	61.1×	-12.1×	Dec 31, 2025
2024	$203.23B	$2.78B	73.2×	-34.0×	Dec 31, 2024
2023	$149.12B	$1.39B	107.2×	+58.9×	Dec 31, 2023
2022	$84.50B	$1.75B	48.3×	+23.7×	Dec 31, 2022
2021	$144.13B	$5.86B	24.6×	-42.0×	Dec 31, 2021
2020	$69.58B	$1.05B	66.6×	+38.3×	Dec 31, 2020
2019	$58.01B	$2.05B	28.3×	+8.3×	Dec 31, 2019
2018	$30.83B	$1.54B	20.0×	-2.7×	Dec 31, 2018
2017	$32.84B	$1.45B	22.7×	-3.5×	Dec 31, 2017
2016	$27.15B	$1.04B	26.1×	-14.4×	Dec 31, 2016
2015	$28.75B	$709.79M	40.5×	+20.7×	Dec 31, 2015
2014	$31.31B	$1.58B	19.8×	-4.2×	Dec 31, 2014
2013	$28.06B	$1.17B	24.0×	-35.5×	Dec 31, 2013
2012	$12.99B	$218.60M	59.4×	—	Dec 31, 2012
2011	$10.34B	−$168.30M	—	—	Dec 31, 2011
2010	$8.30B	−$370.03M	—	—	Dec 31, 2010
2009	$6.28B	−$715.29M	—	—	Dec 31, 2009
2008	$2.69B	−$1.16B	—	—	Dec 31, 2008
2007	$8.65B	$1.62B	5.3×	+1.0×	Dec 31, 2007
2006	$9.70B	$2.23B	4.4×	-2.9×	Dec 31, 2006
2005	$9.70B	$1.33B	7.3×	—	Dec 31, 2005


Globe Life (GL-PD)	9.7×
UMB Financial (UMBF)	9.7×
T. Rowe Price (TROW)	9.6×
Everest Re Group (RE)	9.6×
Old Republic International (ORI)	9.5×
First Financial (THFF)	9.3×
Globe Life (GL)	9.3×
The Hartford (HIG)	9.3×
Assured Guaranty (AGO)	8.9×
Cincinnati Financial (CINF)	8.8×
Federal Agricultural Mortgage (AGM)	8.8×
Ally Financial (ALLY)	8.7×
Travelers Companies (TRV)	8.3×
PayPal (PYPL)	8.2×
Farmers & Merchants Bancorp (FMCB)	8.0×
Chesapeake Financial Shares (CPKF)	7.6×
PSB Holdings (PSBQ)	7.5×
Arch Capital Group (ACGL)	7.1×
AXIS Capital Holdings (AXS)	7.0×
Tompkins Financial (TMP)	6.7×
Everest Re Group (EG)	6.5×
Synchrony Financial (SYF)	6.5×
Mercury General (MCY)	5.8×
RenaissanceRe Holdings (RNR)	4.5×
Allstate (ALL)	4.4×

P/E Ratio for Blackstone (BX)

P/E Ratio daily chart for Blackstone (BX)

Historical P/E Ratio for Blackstone (BX) from 2005 to 2025

About P/E Ratio at Blackstone (BX)

Blackstone P/E Ratio by Year

Blackstone P/E Ratio 2025: 61.1×

Blackstone P/E Ratio 2024: 73.2×

Blackstone P/E Ratio 2023: 107.2×

Blackstone P/E Ratio 2022: 48.3×

Blackstone P/E Ratio 2021: 24.6×

Sector peers by P/E Ratio — chart

Sector peers by P/E Ratio — table

Frequently asked questions

Blackstone (BX) Key Financials

P/E Ratio daily chart for Blackstone (BX)

Historical P/E Ratio for Blackstone (BX) from 2005 to 2025

About P/E Ratio at Blackstone (BX)

Blackstone P/E Ratio by Year

Blackstone P/E Ratio 2025: 61.1×

Blackstone P/E Ratio 2024: 73.2×

Blackstone P/E Ratio 2023: 107.2×

Blackstone P/E Ratio 2022: 48.3×

Blackstone P/E Ratio 2021: 24.6×

Sector peers by P/E Ratio — chart

Sector peers by P/E Ratio — table

Frequently asked questions

+What is Blackstone's P/E ratio?

+How is the P/E ratio calculated?

+What is the P/E ratio?

+What is a good P/E ratio for Blackstone?

+Is Blackstone's P/E ratio high or low?

+What is Blackstone's historical P/E ratio range?

+What was Blackstone's P/E ratio in 2025?

+Why does Blackstone's P/E ratio change over time?

Blackstone (BX) Key Financials