Price T Rowe Group Inc (TROW)

Investment Advice

Latest Price

$104.00

TTM P/E

10.44

Normalized P/E

12.01

TTM Div Yield

4.94%

Fwd Div Yield

4.94%

Book Value

51.35

P/B Ratio

2.03

Valuation metrics

EPS: $9.24

Book value / share: $49.69

Formula: √(22.5 × EPS × BVPS)

Graham Number

$101.64

2% downside

Norm. op. income: $2.4B (median of 7yr)

Tax rate: 23%

Discount rate: 10%

Growth assumption: zero (EPV is a no-growth value)

Earnings Power Value

$98.86

5% downside

Base FCF: $1.5B (median of recent 5yr)

Growth: 21%/yr (median YOY, capped at 25%)

Discount rate: 10%

Terminal growth: 3%

Projection horizon: 10 years

DCF Fair Value

$395.05

+280% upside

EPS: $9.24

Target P/E: 12×

Formula: EPS × P/E

P/E Fair Value

$110.88

+7% upside

89.7% held by institutions

Institution	Shares	Value	Ownership %	Change	Filing Date
BlackRock, Inc.	24.00M	$2.73B	11.12%	+1.23M	2026-06-30
State Street Corp	14.65M	$1.67B	6.79%	+381.2K	2026-06-30
Vanguard Capital Management LLC	13.97M	$1.59B	6.48%	-188.8K	2026-06-30
Vanguard Portfolio Management LLC	10.04M	$1.14B	4.66%	-126.8K	2026-06-30
Goldman Sachs Group Inc	8.45M	$961.0M	3.92%	+3.2K	2026-06-30
Charles Schwab Investment Management Inc	7.16M	$814.0M	3.32%	+548.8K	2026-06-30
Sixth Street Partners Management Company, L.P.	7.16M	$814.0M	3.32%	--	2026-06-30
Geode Capital Management, LLC	6.26M	$709.0M	2.90%	-22.5K	2026-06-30
Morgan Stanley	4.12M	$468.0M	1.91%	+239.4K	2026-06-30
Invesco Ltd.	3.96M	$449.0M	1.83%	-161.2K	2026-06-30