Start with its own history
At 12.17×, C is 14.1% above its 9-observation annual average. A lower multiple can reflect a lower price, higher earnings, or weaker growth expectations—not necessarily a bargain.
NYSE · CBanks - DiversifiedUpdated Nov 4, 2026
Citigroup Inc. P/E ratio
Current valuation, historical context, and peer comparisons.
Current P/E ratio
12.17×
14.1% abovethe 9-observation annual average
Share price124.75
÷Earnings per share10.25
Price and EPS in quote currency. Calculation details
Investors are paying 12.17 for every 1 of reported earnings per share.
P/E over time
2016 – 2025
Annual P/ESelected-period average 10.66×
3-year average13.48×3 positive annual observations
5-year average10.56×5 positive annual observations
10-year average10.66×9 positive annual observations
Peer median · TTM12.78×8 peers with positive P/E
Historical P/E ratios
Annual period-end data · 25 observations
| Period end | P/E | Change |
|---|---|---|
| Dec 31, 2025 | 16.14× | +38.3% |
| Dec 31, 2024 | 11.67× | -7.6% |
| Dec 31, 2023 | 12.64× | +96.7% |
| Dec 31, 2022 | 6.42× | +8.6% |
| Dec 31, 2021 | 5.91× | -54.4% |
| Dec 31, 2020 | 12.98× | +31.3% |
| Dec 31, 2019 | 9.89× | +27.1% |
| Dec 31, 2018 | 7.78× | N/M |
View all 25 annual observations +
| Period end | P/E | Change |
|---|---|---|
| Dec 31, 2017 | N/M | N/M |
| Dec 31, 2016 | 12.54× | +31.6% |
| Dec 31, 2015 | 9.53× | -61.1% |
| Dec 31, 2014 | 24.48× | +100.2% |
| Dec 31, 2013 | 12.23× | -22.4% |
| Dec 31, 2012 | 15.76× | +123.4% |
| Dec 31, 2011 | 7.05× | -45.6% |
| Dec 31, 2010 | 12.96× | N/M |
| Dec 31, 2009 | N/M | N/M |
| Dec 31, 2008 | N/M | N/M |
| Dec 31, 2007 | 43.29× | +241.2% |
| Dec 31, 2006 | 12.69× | +26.5% |
| Dec 31, 2005 | 10.03× | -30.9% |
| Dec 31, 2004 | 14.51× | +4.3% |
| Dec 31, 2003 | 13.91× | +18.2% |
| Dec 31, 2002 | 11.77× | -32.2% |
| Dec 31, 2001 | 17.37× | N/M |
Change is relative to the preceding observation. N/M values are excluded from averages.
How C compares
Company P/E vs. peer trailing-12-month ratios
| Company | P/E ratio |
|---|---|
 C This stockCitigroup Inc. | 12.17× |
 JPMJPMorgan Chase & Co. | 14.74× |
 BACBank of America Corporation | 12.12× |
 HSBCHSBC Holdings plc | 11.47× |
 UBSUBS Group AG | 16.67× |
 GSThe Goldman Sachs Group, Inc. | 13.17× |
 MSMorgan Stanley | 15.30× |
 WFCWells Fargo & Company | 12.11× |
 INGING Groep N.V. | 12.38× |
Peers are selected by the data provider. Business models and earnings definitions can differ.
Put the numbers in context
What does C’s P/E tell you?
Compare like with like
The median of the 8 positive peer ratios above is 12.78×. Check growth, margins, debt, and earnings quality before interpreting the gap. A faster-growing business may justify a higher multiple.
Check what drives earnings
One-off gains can temporarily lower P/E; unusual charges can raise it. Reported earnings and forward estimates answer different questions. Pair this view with return on equity and liquidity for a fuller picture.
Keep your research connected
Take C into your spreadsheet
Pull historical P/E into Excel or Google Sheets with Wisesheets. Build your own comparisons alongside the rest of your financial model.
Explore WisesheetsQuarterly P/E · latest quarterLQ selects the latest reported quarter. Requires the Wisesheets add-in. See available data
=WISE("C", "PE Ratio", "LQ")Sources & calculation methodology
Current P/E
Share price 124.75 ÷ EPS 10.25 = 12.17×. Data is supplied by Financial Modeling Prep through Wisesheets. Quote feed updated Nov 4, 2026; this is not a real-time trading quote.
History & averages
Annual and quarterly P/E observations are provided separately from the current quote. Averages use the latest 3, 5, or 10 annual observations, excluding missing and nonpositive ratios. Pre-IPO observations are omitted. These are period-end observations, not daily averages.
Data definitions and limitations
The current quote feed does not specify the exact EPS filing-period end or whether EPS is basic or diluted. We do not label it as forward P/E. Peer ratios are explicitly trailing-12-month (TTM) values. Historical observations do not include independently verified price and EPS inputs. Sources may update on different schedules; rounded inputs can produce small calculation differences. Historical comparisons describe past pricing, not an estimate of fair value.
C P/E ratio: common questions
The essentials behind the numbers.
Citigroup Inc.'s current P/E is 12.17× based on the quote data last updated Nov 4, 2026. It represents the share price divided by reported earnings per share. Prices and earnings may refresh on different schedules.
Annual P/E uses earnings for a completed fiscal year. Trailing-12-month (TTM) P/E uses the latest four quarters, while forward P/E uses forecast earnings. These are not interchangeable. This page labels peer ratios as TTM and shows dated annual or quarterly historical observations; it does not show forward estimates.
N/M means not meaningful: the feed has no positive P/E for that observation. Negative or zero earnings should not be ranked as a low positive valuation multiple. N/M observations are excluded from the averages shown above.
Divide the share price by earnings per share (EPS). For example, a share price of 100 and EPS of 5 gives a P/E of 20×. This page uses the price and EPS supplied together in the quote when both are positive.
Price timestamps, EPS definitions, share classes, adjustments, and fiscal periods can differ. A forward P/E also uses forecast earnings rather than reported earnings. Compare the inputs and as-of dates before comparing two displayed ratios.
Not necessarily. The average describes previous market pricing, not fair value. Changes in earnings quality, growth expectations, debt, accounting, and business risk can justify a different multiple today.