Is State Street Corp. overvalued or undervalued?

As of 11 September 2025, the valuation grade for State Street Corp. has moved from attractive to fair. Based on the current metrics, 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 that the stock may be reasonably priced relative to its growth expectations.
In comparison to peers, LPL Financial Holdings, Inc. has a significantly higher P/E ratio of 34.83, while Cboe Global Markets, Inc. stands at 32.12, indicating that State Street Corp. is trading at a lower valuation multiple than its competitors. Despite the recent performance, where State Street Corp. has outperformed the S&P 500 with a year-to-date return of 15.35% compared to the index's 12.22%, its longer-term returns over 3 years and 5 years have lagged behind, suggesting a cautious outlook on future growth.