Is State Street Corp. overvalued or undervalued?

As of 13 May 2025, the valuation grade for State Street Corp. has moved from very attractive to attractive, indicating a shift in perceived value. Based on the analysis, the company appears to be fairly valued. Key ratios include a P/E ratio of 15, a Price to Book Value of 1.56, and a PEG Ratio of 0.23, which suggests potential for growth relative to its price.
In comparison to peers, State Street's P/E ratio of 14.24 is lower than Morgan Stanley's 16.79, which is considered expensive, while The Goldman Sachs Group's P/E of 36.62 is classified as fair. Additionally, State Street's EV to EBITDA ratio is significantly negative at -13.63, reflecting challenges in profitability compared to its peers. Notably, State Street has outperformed the S&P 500 over the past year with a return of 40.14% compared to the index's 10.26%, reinforcing its attractive valuation in the current market context.