Is The Bank of New York Mellon Corp. overvalued or undervalued?

As of 28 November 2025, The Bank of New York Mellon Corp. has moved from a fair to an expensive valuation grade. The company appears overvalued based on its current metrics, with a P/E ratio of 24, a Price to Book Value of 2.68, and an EV to EBITDA of 3.58. In comparison, peers such as Morgan Stanley have a P/E of 18.52, while The Charles Schwab Corp. shows a more attractive P/E of 25.67, indicating that BNY Mellon may not be competitively priced within its industry.
Despite its strong recent performance, with a year-to-date return of 45.91% compared to the S&P 500's 16.45%, the elevated valuation ratios suggest that the stock may not sustain such growth in the long term. The combination of these factors leads to the conclusion that The Bank of New York Mellon Corp. is currently overvalued.