Is Price T Rowe Group Inc (TROW) undervalued or overvalued?

Our model estimates a fair value of about $101 against a price of $100.97 (Fair, +0% to fair value). It blends a 10-year DCF, sector multiples and earnings-power value and is a model estimate, not advice.

What is the X-Ray Score for TROW?

Price T Rowe Group Inc has an X-Ray Score of 45 out of 100, built from valuation, growth, profitability, financial health and dividend lenses ranked against Financials peers.

Where does the data for TROW come from?

Financial statements come from SEC EDGAR filings, prices from exchange price feeds, and industry betas and equity risk premium from Damodaran Online (NYU Stern).

Price T Rowe Group Inc (TROW)

Financials · Asset Management & Custody Banks · US stock · S&P 500 component

$100.97 ▼ -0.40 (0.39%)

At close 16 Oct 2026 · USD · Volume 2,609,900

Compare with AMP Historical data Research report SEC filings

Fair valueFair

$101 +0.4% to fair value

$51fair band $71–$132$152

Day's range

$100.02 – $102.60

52-week range

$83.17 – $120.50

About Price T Rowe Group Inc

T. Rowe Price is an asset manager based in Baltimore that runs mutual funds, exchange-traded funds, retirement products and separate accounts. Individual investors, retirement plan sponsors, financial advisers and institutions entrust money to it. Its investment teams cover equities, fixed income and multi-asset strategies, and the firm is well known for its retirement savings products, including target date funds.

The firm earns revenue mainly from investment advisory fees, which are a percentage of the assets it manages, so income moves with the level of client assets. In the last twelve months revenue was $7.6 billion, and it has grown at 4.1% a year across the last three years. The operating margin is 30.8%, and the business earns a profit of 22% on the capital invested in it. A dividend is paid, with a yield of 5.1%. On the site's X-Ray Score it receives 45 out of 100.

Written with AI from public information and the filing figures on this page, then checked automatically for unsupported numbers. It can contain mistakes: read the company's own filings below before relying on it.

Price chart

Historical data & CSV

52-wk range $83.17 – $120.50Volume 2,609,900Daily, split-adjusted

Vitals

Market cap$21.6B

52-week range$83.17 – $120.50

Volume (last day)2,609,900

P/E (TTM)9.9

EBIT / EV yield12.3%

Free-cash-flow yield7.7%

Dividend yield5.1%

Revenue (TTM)$7.6B

Net income (TTM)$2.2B

Operating margin30.8%

Return on capital21.8%

Debt incl. leasesData missing

Cash & securities$3.2B

Debt = borrowings plus lease liabilities. Cash & securities = cash, equivalents and short-term marketable securities (long-term securities are not counted, so net cash can be understated for companies like Apple). Net debt = debt minus cash & securities. Source: latest SEC 10-Q/10-K. EBIT / EV yield = operating profit divided by market cap plus net debt.

Fair value estimate

$101

Fair +0.4% to fair value

Equal blend of three models: peer multiples, a fundamentals-adjusted multiple (growth, ROIC and margin) and a 10-year DCF scaled to the market's average. Earnings-power value (no growth) is a floor and not part of the blend. Model uncertainty is Medium, so the safety margin is 30%.

Price $101

Undervalued < $71Fair $71 – $132Overvalued > $132

Excess-return (bank)

$78

A model estimate, not a price target or recommendation. Inputs: risk-free 5.09%, equity risk premium 4.23% (Damodaran). How it works.

What this means

Weak business, fairly priced

The price sits inside our fair-value band. A high score does not guarantee a good outcome; it shifts the odds a little. Use the checklist as a prompt for your own research.

Before you invest · decision checklist

I understand how this company makes money Business quality is average or better 41 The price is not above fair value $101 fair value Debt looks manageable Revenue has been growing 4.1% a year Profits are backed by cash There are no red flags none raised I know what share of my savings this would be

Ticked boxes are filled in from our data; the rest are yours to answer.

The five-lens scan

Every score explained in one sentence, ranked against Financials peers. Open a lens to see the numbers behind it.

Valuation Fair

67/100

Priced about in line with its sector.

See the numbers →

EBIT / EV yield12.3%

Free-cash-flow yield7.7%

Fair value vs price1.0×

Growth Weak

28/100

Growing slower than most of its sector.

See the numbers →

Revenue growth (3y)4.1%

EPS growth (3y)11.3%

Growth consistency90%

Profitability Weak

47/100

Earns lower returns on its capital than most peers.

See the numbers →

Return on invested capital21.8%

Operating margin30.8%

Financial health Weak

36/100

Balance sheet is more stretched than most peers.

See the numbers →

Piotroski F-Score4 / 9

Interest coverNo interest cost

Dividends Weak

40/100

Dividend is modest or less certain than peers.

See the numbers →

Dividend yield5.1%

Dividends vs free cash flow66%

Dividend growth1.1%

Quarterly results: last 6 quarters

+0.8%

Mar '25

-0.6%

Jun '25

+6.0%

Sep '25

+6.0%

Dec '25

+5.3%

Mar '26

+10.7%

Jun '26

Revenue against the same quarter a year earlier. Latest quarter revenue $1.9B, diluted EPS $2.88.

Compare with peers

AMP Ameriprise Financial I...60 APO Apollo Global Manageme...51 STT State Street Corp50 BX Blackstone Inc.49

Other Asset Management & Custody Banks companies by X-Ray Score.

Fundamentals checklist

● 4 Good · ● 4 Average · ● 4 Bad

Cash quality

Earnings backed by cashBad

Free-cash-flow yieldGood

Risk models

Piotroski F-ScoreBad

Growth

EPS growth (3y)Average

Free-cash-flow growth (3y)Bad

Revenue growth (3y)Bad

Growth consistencyAverage

Balance sheet

Interest coverGood

Valuation

Fair value vs priceAverage

EBIT / EV yieldGood

Profitability

Return on invested capitalGood

Operating marginAverage

Each check is graded against the company's sector, not a fixed number. Checklist score 52/100.

Financials

	FY21	FY22	FY23	FY24	FY25
Revenue	$7.7B	$6.5B	$6.5B	$7.1B	$7.3B
Operating income	$3.7B	$2.4B	$2.0B	$2.3B	$2.2B
Net income	$3.1B	$1.6B	$1.8B	$2.1B	$2.1B
Operating cash flow	$3.5B	$2.4B	$1.2B	$1.7B	$1.8B
Operating margin	48.4%	36.6%	30.7%	32.9%	29.9%
Free cash flow	$3.2B	$2.1B	$911M	$1.3B	$1.5B
Diluted EPS	$13.12	$6.70	$7.76	$9.15	$9.24

Fiscal years, from SEC filings.

Technical summary

Daily

Strongly bearish

1 bullish · 3 neutral · 12 bearish

Weekly

Bearish

4 bullish · 1 neutral · 7 bearish

Monthly

Bullish

5 bullish · 1 neutral · 2 bearish

Moving averages (daily)

SMA 10	102.8	Bearish
EMA 10	102.4	Bearish
SMA 20	103.7	Bearish
EMA 20	103.6	Bearish
SMA 50	106.6	Bearish
EMA 50	105.8	Bearish
SMA 100	108.6	Bearish
EMA 100	105.8	Bearish
SMA 200	101.7	Bearish
EMA 200	103.5	Bearish

Oscillators (daily)

RSI (14)	37.76	Neutral
MACD (12, 26)	-1.45	Bearish
Momentum (12)	-2.96	Bearish
Stochastic %K (14)	32.66	Neutral
Williams %R (14)	-67.34	Neutral
CCI (20)	-154.2	Bullish

Pivot points (classic, last session)

97.21

98.62

99.79

Pivot

101.2

102.4

103.8

105.0

Signals describe what the chart is doing, not what to do. Moving averages: price above the average is bullish. Oscillators use the usual thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20; MACD and momentum above zero are bullish). Weekly and monthly views use closing prices only.

Dividends

Paid, last 12 months

5.17 USD

Yield on today's price

5.12%

Frequency

Quarterly

Next ex-dividend date

Not announced

Ex-dividend date	Amount per share
15 Sep 2026	1.3000
15 Jun 2026	1.3000
16 Mar 2026	1.3000
15 Dec 2025	1.2700
15 Sep 2025	1.2700
13 Jun 2025	1.2700
14 Mar 2025	1.2700
13 Dec 2024	1.2400
13 Sep 2024	1.2400
14 Jun 2024	1.2400
14 Mar 2024	1.2400
14 Dec 2023	1.2200