Equity

Is RAYMOND JAMES FINANCIAL INC (RJF) undervalued?

$172.03−0.82% todayNYSE · USD · last traded 2026-09-14 17:01 UTC

RAYMOND JAMES FINANCIAL INC trades on a P/E of 16.70 against earnings growth of 13.8% a year over the last 3 years, giving a PEG ratio of 1.21 — between the 1.0 and 2.0 levels that convention treats as the middle ground.

Earnings figures are measured from RJF’s filed annual accounts, not estimated. PEG compares price to earnings growth alone — it says nothing about debt, cash generation, or what an acquirer would pay. Read it alongside the figures below rather than on its own.

PEG ratio1.21
01.02.03.0+
Convention reads below 1.0 as inexpensive relative to growth and above 2.0 as expensive, though typical ranges differ sharply by sector.
P/E ratio16.70
earnings growth (3-year CAGR)13.8%
PEG ratio1.21
Measured from RJF's filed annual accounts. Trailing, not forecast.
01

What it would cost to buy RJF

Enterprise value is not shown for RJF: enterprise value is not meaningful for banks and insurers, whose debt is an operating input rather than financing.

Enterprise-value multiples for RAYMOND JAMES FINANCIAL INC
MeasureValue
Diluted earnings per shareto 2025-09-30$10.30
P/E ratioto 2025-09-3016.7
Earnings growth (3-year CAGR)to 2025-09-3013.8%
PEG ratioto 2025-09-301.2
Market capitalisationto 2026-08-03$33.09B
Total debtto 2026-06-30$950.0M
Net debtto 2026-06-30−$9.03B
Enterprise value
EBITDA
Free cash flowto 2025-09-30$2.25B
EV / EBITDA
EV / Sales
Free cash flow yieldto 2025-09-306.8%
Net debt / EBITDA
Return on capital employed

Earnings growth is measured across RAYMOND JAMES FINANCIAL INC’s own filed annual accounts. PEG conventionally uses forecast growth from analyst estimates; filings contain only history, so this is trailing growth and will read differently from a PEG quoted elsewhere.

Not shown, and why

Enterprise value
enterprise value is not meaningful for banks and insurers, whose debt is an operating input rather than financing.
EBITDA
operating income not reported for a full year.
EV / EBITDA
enterprise value is not meaningful for banks and insurers, whose debt is an operating input rather than financing.
EV / Sales
enterprise value is not meaningful for banks and insurers, whose debt is an operating input rather than financing.
Net debt / EBITDA
operating income not reported for a full year.
Return on capital employed
operating income not reported for a full year.
02

Against the sector

No sector comparison: none of RJF’s metrics could be computed alongside a peer median.

03

Market ratios

Price-based ratios from market data. Anything drawn from a filed statement is in the enterprise-value section above, with its source.

Valuation and financial-health metrics for RAYMOND JAMES FINANCIAL INC (RJF)
MetricValue
Price$172.03
PEGY ratio
Dividend yield1.26%
Price / book
Price / sales
Return on equity18.5%
Profit margin
Operating margin
Debt / equity540.36
Current ratio
Beta0.94
52-week range$138.82 – $182.73

Not reported for RJF: pegy ratio, price / book, price / sales, profit margin, operating margin, current ratio. A dash means the figure was not available from the source, not that it is zero.

04

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05

About RJF’s valuation

What is the PEG ratio for RAYMOND JAMES FINANCIAL INC (RJF)?
RAYMOND JAMES FINANCIAL INC has a PEG ratio of 1.21, from a P/E of 16.70 and earnings growth of 13.8% a year measured across 3 years of filed accounts. That is between the 1.0 and 2.0 levels that convention treats as the middle ground. Note that PEG is conventionally quoted against forecast growth; this uses reported history, so it will differ from a PEG you see elsewhere.
Is RJF undervalued right now?
That depends on the measure. On PEG, RJF reads 1.21, between the 1.0 and 2.0 levels that convention treats as the middle ground. The PEG ratio compares price to earnings growth alone — it ignores debt, cash generation and asset backing, so it is a starting point rather than a conclusion. The enterprise-value measures above account for debt and cash; they often tell a different story.
What is the PEGY ratio for RJF?
The PEGY ratio for RAYMOND JAMES FINANCIAL INC is —. PEGY adds the dividend yield of 1.26% to the growth rate in the denominator, which gives a fairer reading of companies returning cash as income rather than growth.
Where do these RJF figures come from?
Market price and capitalisation come from live market data; earnings, growth and dividend figures come from RAYMOND JAMES FINANCIAL INC's published financial statements. Every derived ratio on this page shows the arithmetic that produced it.

This page describes published financial data. It is not investment advice and makes no recommendation to buy or sell RJF.