E*TRADE’s Valuations Compared to Its Peers
E*TRADE Financial’s (ETFC) price-to-earnings ratio is ~17.1x. This highlights its discounted valuation versus the average PE ratio of its peers of ~24.1x. Among the company’s competitors, Charles Schwab (SCHW), TD Ameritrade Holding (AMTD), and Interactive Brokers Group (IBKR) have price-to-earnings ratios of ~22.5x, ~16.7x, and ~33.1x, respectively, on a next-12-months (or NTM) basis.