T. Rowe Price Group, Inc. (T1RO34) fair value: what the stock is really worth
As of Oct 1, 2026: fair value of T. Rowe Price Group, Inc. BRL 256, price BRL 278, upside -7.7%, quality 76 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Oct 3, 2026.
How to read this chart
60‑month range R$205.65 – R$520.39 · fair‑value band R$173.11 – R$327.41 · the R$277.56 price screens above the R$256.13 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Oct 3, 2026.
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T. Rowe Price Group, Inc. is a publicly owned investment manager. The firm provides its services to individuals, institutional investors, retirement plans, financial intermediaries, and institutions. It launches and manages equity and fixed income mutual funds. The firm invests in the public equity and fixed income markets across the globe.
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T. Rowe Price Group, Inc. is a publicly owned investment manager. The firm provides its services to individuals, institutional investors, retirement plans, financial intermediaries, and institutions. It launches and manages equity and fixed income mutual funds. The firm invests in the public equity and fixed income markets across the globe. It employs fundamental and quantitative analysis with a bottom-up approach. The firm utilizes in-house and external research to make its investments. It employs socially responsible investing with a focus on environmental, social, and governance issues. It makes investment in late-stage venture capital transactions and usually invests between $3 million and $5 million. The firm was previously known as T. Rowe Group, Inc. and T. Rowe Price Associates, Inc. T. Rowe Price Group, Inc. was founded in 1937 and is based in Baltimore, Maryland, with additional offices in North America, Europe, Asia, Australia.
Stock analysis
T. Rowe Price Group, Inc. (T1RO34) currently trades at R$277.56, while our model-based Fair Value estimate is R$256.13, so the stock looks roughly fairly valued today (gap 8.4%).
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Valuation
Bull case: the Earnings-Based group reads highest at a median of R$419.79 per share, and 6 of the 12 models we run sit above the R$277.56 price.
Bear case: the Asset-Based group reads lowest at R$88.67, and 6 of the 12 models stay below the price. Evidence for this calculation is high.
Scenario range: R$173.11 (bear) to R$327.41 (bull), the price of R$277.56 sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 76/100 (high quality), in the Financial Services sector.
Healthy Growth: Revenue growth appears healthy and is supported by profitability and cash-flow quality.
T. Rowe Price Group, Inc. reported revenue of $7.3B in FY2025 versus $6.5B in FY2022, a compound +4.1%/yr. Reported net income was $2.1B in FY2025, compounding +10.2%/yr from FY2022.
Key figures
Market cap R$130B (≈ $24.9B) · P/E ratio 11.5 · P/S ratio 3.28 · EPS (TTM) R$24.15 · Dividend yield 1.8% · Net margin 28.5% · Return on equity 18.7% · Return on assets (EBIT) 17.3%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 49 out of 100 (low confidence).
What moves the price
The share trades about 11% below its 52-week high and 22% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Financial Services peers we cover trades at −15% fair-value upside, at −8%, T1RO34 screens cheaper than that median.
Fair Value models
Bear R$173.11Fair Value R$256.13Bull R$327.41
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model. Based on fiscal year 2025 figures (about 9 months old). Earnings retained since then (R$14.40 per share) are deliberately not added.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Evidence ⓘEvidence = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.77/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Revenue growth 1 year
+3.1%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+4.1%
’22
’23
’24
’25
What shareholders gained per year (last 3 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 3 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate.
+10.3%
Earnings growth per share plus dividend.
Earnings per share, growth per year+8.5%
Dividend (yield on the price)1.8%
Profit margin 2022 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.37% → 30%
Growth Forecast
Little optimism in the price
The price assumes less growth than the company has delivered so far and less than analysts expect.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
−6.9%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect ⓘAnalysts publish sales forecasts for the next two fiscal years. For the years after that, growth slows evenly to 2 % a year by year ten (2 % is the long-run rate our models use). Projected years are marked as such.
+3.4%
Yearly sales growth analysts expect, extended to five years.
After inflation (figures in USD, USA: IMF forecast 2.4% a year to 2030, 3.1% from 2016 to 2025) that is about −9.0% a year for the price and +1.0% for the forecasts.
Compare T. Rowe Price Group, Inc. with another stock
Price, fair value, quality and upside side by side.
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Asset Management · 657 stocks
Beats the industry median on 8/14 measures
A mixed picture versus its industry peers.
Valuation
Quality Score76 · Top 25%
Fair Value upside+96.2% · Top 25%
Profitability
Return on equity (TTM)18.7% · Top 25%
Return on assets10.9% · Top 25%
Net margin (TTM)28.3% · Above median
Operating margin (TTM)37.2% · Below median
Growth and dividend
Revenue growth5.3% · Below median
Dividend yield (TTM)1.8% · Below median
Valuation Multiplesvs Asset Management median · lower = cheaper
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "T. Rowe Price Group, Inc. Fair Value". https://www.fairvalue-calculator.com/stock/T1RO34
Frequently asked questions
Is T. Rowe Price Group, Inc. (T1RO34) overvalued or undervalued?
As of Oct 3, 2026, our model estimates a fair value of R$256.13 versus a price of R$277.56, about −8% upside (fairly valued).
What is the fair value of T1RO34?
Our model-based fair value for T. Rowe Price Group, Inc. is R$256.13 (as of Oct 3, 2026), built from audited fundamentals. The current price: R$277.56.
What is the quality score of T1RO34?
T. Rowe Price Group, Inc. has a Quality Score of 76/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for T. Rowe Price Group, Inc. (T1RO34)?
Our model-based price target is the fair value of R$256.13 (as of Oct 3, 2026) from 12 valuation models. Cautious scenario R$173.11, optimistic scenario R$327.41. It is a calculation from audited fundamentals, not an analyst target.
What is the T. Rowe Price Group, Inc. stock forecast for 2026?
Our models put fair value at R$256.13, about −8% upside versus a price of R$277.56 (fairly valued). Cautious scenario R$173.11, optimistic scenario R$327.41. The calculation is refreshed regularly with new filings.
What is the revenue of T. Rowe Price Group, Inc. (T1RO34)?
T. Rowe Price Group, Inc. reported trailing-twelve-month revenue of about $7.4B (latest available figure, as of Oct 3, 2026).
Does T. Rowe Price Group, Inc. pay a dividend?
T. Rowe Price Group, Inc. currently shows a dividend yield of about 1.84% relative to its recent price (as of Oct 3, 2026).
What growth is priced into T. Rowe Price Group, Inc. (T1RO34)?
For today's price to be fair in a discounted-cash-flow model, T. Rowe Price Group, Inc. would have to grow free cash flow by -6.9 % per year for five years (discount rate 13.8 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 3 years revenue grew +4.1 % per year. As of Oct 3, 2026.
What discount rate (WACC) does the fair value of T1RO34 use?
Our models discount T. Rowe Price Group, Inc. at 13.8 %: a base by market capitalisation (large), damped by beta 1.50, country premium for Brazil. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For T. Rowe Price Group, Inc. that is -6.9 % per year a year over ten years, using the same discount rate (13.8 %) and the same formula as our fair value.
How much growth has T. Rowe Price Group, Inc. (T1RO34) delivered so far?
Over the past 3 years revenue at T. Rowe Price Group, Inc. grew +4.1 % a year. The price currently implies -6.9 % per year free-cash-flow growth a year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of T. Rowe Price Group, Inc. (T1RO34) growing?
The median revenue growth in the sector is +7.8 % a year. That is the yardstick for the growth priced into T. Rowe Price Group, Inc. (-6.9 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of T. Rowe Price Group, Inc. (T1RO34)?
The free-cash-flow yield on the price is 12.73 %: that much free cash flow T. Rowe Price Group, Inc. produces per unit of market value. When it exceeds the discount rate of our models (13.8 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of T. Rowe Price Group, Inc. (T1RO34)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For T. Rowe Price Group, Inc. it is R$256.13 per share (as of Oct 3, 2026), against a price of R$277.56. It is the blended result of 12 valuation models (cash flow, earnings, asset, dividend).
Is T. Rowe Price Group, Inc. stock overvalued or undervalued in 2026?
As of Oct 3, 2026, T1RO34 trades above its calculated fair value: price R$277.56, fair value R$256.13, a gap of about −8% (fairly valued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of T1RO34?
No. The price is what the market pays today (R$277.56); the fair value is what the company's own numbers justify (R$256.13). For T. Rowe Price Group, Inc. the two are R$21.43 per share apart. That gap is exactly why we show both numbers side by side.
How much is T. Rowe Price Group, Inc. worth?
The market values T. Rowe Price Group, Inc. at about R$130B (market capitalisation, as of Oct 3, 2026). Per share that is R$277.56; our models calculate a fair value of R$256.13 per share.
What do the bullish and bearish scenarios say about T1RO34?
Our models span a range for T. Rowe Price Group, Inc.: cautious scenario R$173.11, base R$256.13, optimistic R$327.41 per share (as of Oct 3, 2026, price R$277.56). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of T1RO34?
T. Rowe Price Group, Inc. trades at a price-to-earnings ratio of 11.5 (as of Oct 3, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of R$256.13 is built from several models across several years. Other multiples: PEG 4.9, P/B 2.3, P/S 3.4, EV/EBITDA 7.4.
What is the PEG ratio of T1RO34?
The PEG ratio of T. Rowe Price Group, Inc. is 4.88 (P/E divided by earnings growth, as of Oct 3, 2026). That is above 1, so the growth is already paid for in the price.
How solid is the balance sheet of T. Rowe Price Group, Inc. (T1RO34)?
Balance-sheet figures for T. Rowe Price Group, Inc. (as of Oct 3, 2026): return on equity 18.7%. They feed the Quality Score of 76/100, which measures business quality independently of the share price.
How far is T1RO34 from its 52-week high?
T. Rowe Price Group, Inc. trades at R$277.56, about 11% below its 52-week high of R$311.41 and 22% above the low of R$227.35 (as of Oct 1, 2026). Distance from the high says nothing about value: that is what the fair value of R$256.13 is for.
Which stocks are comparable to T. Rowe Price Group, Inc.?
From the same area (Financial Services) we also value Blackstone Inc, KKR & Co, Brookfield Corporation, Apollo Global Management, Inc, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is T. Rowe Price Group, Inc. stock attractive at the current price?
The data as of Oct 3, 2026: price R$277.56, calculated fair value R$256.13 (−8%), Quality Score 76/100, from 12 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of T1RO34 calculated?
We run T. Rowe Price Group, Inc. through 12 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of R$256.13, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 14.5 % above its aggregate fair value. T. Rowe Price Group, Inc. itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of T. Rowe Price Group, Inc. (T1RO34)?
The closing price on Oct 1, 2026 was R$277.56. Our model-based fair value is R$256.13, about −8% upside (fairly valued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with T. Rowe Price Group, Inc. right now?
The price sits close to our fair value, market and models broadly agree here, little valuation tension. A fairly wide model range (R$173.11 to R$327.41) leaves room in how you read the outcome. For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.
Key figures of T. Rowe Price Group, Inc.
How large is the market capitalisation of T. Rowe Price Group, Inc. (T1RO34)?
The market capitalisation of T. Rowe Price Group, Inc. is R$130B (≈ $24.9B). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of T. Rowe Price Group, Inc. (T1RO34)?
The price-to-sales ratio of T. Rowe Price Group, Inc. is 3.28 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of T. Rowe Price Group, Inc. (T1RO34)?
Earnings per share at T. Rowe Price Group, Inc. are R$24.15 (price ÷ EPS = P/E 11.5). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of T. Rowe Price Group, Inc. (T1RO34)?
The dividend yield of T. Rowe Price Group, Inc. is 1.8% (payout 21.2%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of T. Rowe Price Group, Inc. (T1RO34)?
The net margin of T. Rowe Price Group, Inc. is 28.5% (fiscal year 2025). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of T. Rowe Price Group, Inc. (T1RO34)?
The return on equity (ROE) of T. Rowe Price Group, Inc. is 18.7% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of T. Rowe Price Group, Inc. (T1RO34)?
On an EBIT basis the return on assets of T. Rowe Price Group, Inc. is 17.3% (avg 4y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of T. Rowe Price Group, Inc. (T1RO34)?
The operating margin of T. Rowe Price Group, Inc. is 37.2% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at T. Rowe Price Group, Inc. (T1RO34)?
Revenue at T. Rowe Price Group, Inc. is growing +5.3% versus a year earlier (3y avg +4.1%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at T. Rowe Price Group, Inc. (T1RO34)?
Earnings per share at T. Rowe Price Group, Inc. are growing +3.7% versus a year earlier. How much earnings per share grew versus a year earlier.
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