Question 1

What is MSCI's P/E ratio?

Accepted Answer

MSCI (MSCI) P/E ratio is 34.2× 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 MSCI?

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 MSCI specifically, the relevant sector benchmark is the current sector median of 12.8×.

Question 5

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

Accepted Answer

MSCI's P/E ratio of 34.2× is below its own 5-year average of 44.3× and above the sector median of 12.8×. That places the current reading at the 8th 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 MSCI's historical P/E ratio range?

Accepted Answer

In the available daily series, MSCI (MSCI) P/E ratio has ranged from a low of 18.4× in 2014 to a high of 82.0× in 2021. The 5-year average is 44.3× and the 5-year median is 40.3×.

Question 7

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

Accepted Answer

MSCI (MSCI) P/E ratio at the end of 2025 was 36.8×. 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 MSCI'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	$44.27B	$1.20B	36.8×	-5.6×	Dec 31, 2025
2024	$47.02B	$1.11B	42.4×	+3.4×	Dec 31, 2024
2023	$44.75B	$1.15B	39.0×	-3.8×	Dec 31, 2023
2022	$37.21B	$870.57M	42.7×	-26.9×	Dec 31, 2022
2021	$50.53B	$725.98M	69.6×	+8.2×	Dec 31, 2021
2020	$36.94B	$601.82M	61.4×	+22.5×	Dec 31, 2020
2019	$21.89B	$563.65M	38.8×	+13.6×	Dec 31, 2019
2018	$12.82B	$507.88M	25.2×	-12.3×	Dec 31, 2018
2017	$11.41B	$303.97M	37.5×	+9.3×	Dec 31, 2017
2016	$7.35B	$260.86M	28.2×	-5.0×	Dec 31, 2016
2015	$7.42B	$223.65M	33.2×	+14.4×	Dec 31, 2015
2014	$5.33B	$284.11M	18.8×	-4.6×	Dec 31, 2014
2013	$5.20B	$222.56M	23.3×	+2.8×	Dec 31, 2013
2012	$3.78B	$184.24M	20.5×	-2.5×	Dec 31, 2012
2011	$3.99B	$173.45M	23.0×	-20.7×	Dec 31, 2011
2010	$4.03B	$92.17M	43.7×	+6.3×	Nov 30, 2010
2009	$3.06B	$81.80M	37.4×	+15.9×	Nov 30, 2009
2008	$1.47B	$68.27M	21.5×	-7.1×	Nov 30, 2008
2007	$2.32B	$81.11M	28.6×	-0.7×	Nov 30, 2007
2006	$2.09B	$71.44M	29.3×	-9.1×	Nov 30, 2006
2005	$2.09B	$54.55M	38.4×	—	Nov 30, 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 MSCI (MSCI)

P/E Ratio daily chart for MSCI (MSCI)

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

About P/E Ratio at MSCI (MSCI)

MSCI P/E Ratio by Year

MSCI P/E Ratio 2025: 36.8×

MSCI P/E Ratio 2024: 42.4×

MSCI P/E Ratio 2023: 39.0×

MSCI P/E Ratio 2022: 42.7×

MSCI P/E Ratio 2021: 69.6×

Sector peers by P/E Ratio — chart

Sector peers by P/E Ratio — table

Frequently asked questions

MSCI (MSCI) Key Financials

P/E Ratio daily chart for MSCI (MSCI)

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

About P/E Ratio at MSCI (MSCI)

MSCI P/E Ratio by Year

MSCI P/E Ratio 2025: 36.8×

MSCI P/E Ratio 2024: 42.4×

MSCI P/E Ratio 2023: 39.0×

MSCI P/E Ratio 2022: 42.7×

MSCI P/E Ratio 2021: 69.6×

Sector peers by P/E Ratio — chart

Sector peers by P/E Ratio — table

Frequently asked questions

+What is MSCI'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 MSCI?

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

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

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

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

MSCI (MSCI) Key Financials