Northern Trust Corp (NTRS) Valuation
Historical valuation analysis based on 1279 data points (2021-09-14 to 2026-10-16)
Northern Trust is a leading provider of wealth management, asset servicing, asset management, and banking to corporations, institutions, affluent families, and individuals. Founded in Chicago in 18...
Northern Trust Corp (NTRS) currently trades at a P/E ratio of 13.51 (historical range: 7.50–20.23, median: 14.03), placing it at the 44th percentile — near its historical average, P/S ratio of 5.75 (range: 3.04–6.53, 89th percentile — expensive relative to its history), EV/EBITDA of 17.48 (range: 16.91–19.51, 14th percentile).
Northern Trust Corp trades near its historical valuation range, with most metrics close to their median levels.
Historical Valuation Metrics
| Metric | Current | Median | %ile | Assessment |
|---|---|---|---|---|
| P/E Ratio | 13.51 | 14.03 | 44th | near its historical average |
| P/S Ratio | 5.75 | 4.46 | 89th | expensive relative to its history |
| EV/EBITDA | 17.48 | 18.51 | 14th | cheap relative to its history |
| FCF Yield | 1.47% | 8.89% | 16th | expensive relative to its history |
Northern Trust Corp (NTRS) Valuation & P/E History
Northern Trust Corp (NTRS) is a US-listed stock operating in the Financial Services sector, specifically the State Commercial Banks industry currently trading at $165.54 with a market capitalization of $30.3 billion. This page provides historical valuation analysis for NTRS based on 1279 data points covering 2021-09-14 to 2026-10-16. The P/E ratio of 13.51 is below the historical median of 14.03, placing NTRS at the 44th percentile of its valuation range. The P/S ratio of 5.75 compares to a median of 4.46.
NTRS Valuation Metrics & Historical Range
The valuation table above shows Northern Trust Corp's current and historical valuation multiples, including P/E ratio, P/S ratio, EV/EBITDA, FCF yield, and dividend yield. Each metric is compared to its own historical range to determine whether NTRS is currently trading above or below its typical valuation levels.
- P/E ratio: Price-to-earnings measures how much investors pay per dollar of earnings. A P/E above the historical median suggests NTRS is expensively valued; below the median suggests it is cheap.
- P/S ratio: Price-to-sales is useful for companies with volatile or negative earnings. Lower P/S relative to history may indicate value.
- EV/EBITDA: Enterprise value to EBITDA adjusts for debt and cash, providing a capital-structure-neutral valuation measure for Northern Trust Corp.
- FCF yield: Free cash flow yield shows the cash return relative to market price. Higher yields may indicate undervaluation.
Is NTRS Overvalued or Undervalued?
Northern Trust Corp trades near its historical valuation range, with most metrics close to their median levels. The overall valuation percentile of 49 combines P/E, P/S, and EV/EBITDA percentiles into a single measure of how expensive NTRS is relative to its own history. A percentile below 25 suggests the stock may be undervalued, while a percentile above 75 suggests it may be overvalued.
However, valuation is only one factor in investment decisions. A stock can remain "overvalued" for years if growth accelerates, or "undervalued" if the business deteriorates. Always combine valuation analysis with financial statement analysis and the full NTRS analysis page for a complete picture.
Valuation data is computed from historical price and fundamental data via Polygon.io and Finnhub.NTRS trades on NYSE. This page is for informational purposes only and is not financial advice.

