Is Morgan Stanley (MS) overvalued or fairly valued?

MarketChacha shows Morgan Stanley's valuation in context — a trailing P/E of about 18.4, a forward P/E of about 16.0, a price-to-book of about 3.2 — alongside its revenue and profit growth and whether reported profit converts into operating cash, so you can judge value for yourself. MarketChacha does not issue ratings, price targets, or buy/sell advice.

What is the share price of Morgan Stanley (MS)?

Morgan Stanley last traded at $217.55 (-0.3% on the day), as of 8/18/2026 — a delayed quote shown for education, not investment advice.

Morgan Stanley

MS · NYSE · Investment Banking · United States

Snapshot

TickerMS

ExchangeNYSE

SectorInvestment Banking

IndustryCapital Markets

CountryUnited States

Employees83,000

HeadquartersNew York, United States

Websitewww.morganstanley.com

Filings tracked14

About Morgan Stanley

Morgan Stanley, a financial holding company, provides various financial products and services to corporations, governments, financial institutions, and individuals in the Americas, Asia, Europe, the Middle East, and Africa. It operates through Institutional Securities, Wealth Management, and Investment Management segments. The company offers capital raising and financial advisory services, including services related to the underwriting of debt, equity securities, and other products, as well as advice on mergers and acquisitions, restructurings, and project finance. It also provides equity and fixed income products comprising sales, financing, prime brokerage, and market-making services; Asia wealth management; business-related investments services; originating corporate and commercial real estate loans, secured lending facilities, and extending securities-based and other financing; and research activities. In addition, the company offers financial advisor-led brokerage, investment advisory, custody, cash management, and administrative services; self-directed brokerage services; financial and wealth planning services; stock plan administration; securities-based lending, residential real estate loans, and other lending products; banking; and retirement plan services. Further, it provides equity, fixed income, alternatives and solutions, and liquidity and overlay services to benefit/defined contribution plans, foundations, endowments, government entities, sovereign wealth funds, insurance companies, third-party fund sponsors, corporations, and individuals. Morgan Stanley was founded in 1924 and is headquartered in New York, New York.

Who owns it

Insiders24.4%
Institutions63.9%
Public & other11.7%

3,479 institutional holders

Ownership breakdown from public market data.

Top holders

Mitsubishi UFJ Financial Group Inc23.91%
State Street Corporation6.31%
Blackrock Inc.6.02%
Vanguard Capital Management LLC4.93%
JPMORGAN CHASE & CO2.81%
Vanguard Portfolio Management LLC1.91%
Geode Capital Management, LLC1.73%
Fisher Asset Management, LLC1.66%

Largest institutional holders — last updated 6/30/2026.

Forensic scorecard

Over 3 years only -1.27× of reported profit became operating cash — the classic sign that headline earnings may be running ahead of the cash actually generated. Often explained by working capital funding growth; worth a closer look.

Cash conversion-1.27×

Return on equity15.1%

Latest ROE of 15.1% — capital is generating a healthy return.

Computed by MarketChacha from reported figures (SEC XBRL). Education, not a rating or recommendation.

What's expected next

Next quarter

Rev $20.4B · EPS 2.94

Est. earnings growth +9.8%

Next fiscal year

Rev $86.5B · EPS 13.65

Est. earnings growth +5.1%

Analyst consensus estimates — not the company's own guidance.

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P/E ROE ROCE Margins Market cap

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Financials at a glance

Source: SEC XBRL

Annual

Quarterly · last 8

ROE

15.1%

Profit CAGR (2y)

+36.2%

EPS (FY2025)

10.21

Net profit (FY2025)

$16.9B

Ask MarketChacha about MS

Get a cited, plain-English answer — the “why”, not just data. Finance research only, never buy/sell advice.

Financials

Yearly

Period	Net profit	EPS	ROE
FY2025	$16.9B	10.21	15.1%
FY2024	$13.4B	7.95	12.8%
FY2023	$9.1B	5.18	9.2%

Quarterly

Period	Net profit	EPS
2026Q2	$5.6B	3.46
2026Q1	$5.6B	3.43
2025Q3	$4.6B	2.80
2025Q2	$3.5B	2.13
2025Q1	$4.3B	2.60
2024Q3	$3.2B	1.88
2024Q2	$3.1B	1.82
2024Q1	$3.4B	2.02
2023Q3	$2.4B	1.38
2023Q2	$2.2B	1.24
2023Q1	$3.0B	1.70

Figures as reported, in reporting currency. Source: SEC XBRL.

Filings & announcements

2026

10-Q filing
SEC8/4/2026
8-K — Results of operations, Exhibits
SEC7/15/2026material
8-K — Other events, Exhibits
SEC6/24/2026material
8-K — Shareholder vote results
SEC5/15/2026material
10-Q filing
SEC5/5/2026
8-K — Results of operations, Exhibits
SEC4/15/2026material
10-K filing
SEC2/19/2026
8-K — Other events
SEC2/11/2026material
8-K — Results of operations, Reg FD disclosure, Exhibits
SEC1/15/2026material

2025

10-Q filing
SEC11/3/2025
8-K — Results of operations, Exhibits
SEC10/15/2025material
8-K — Other events, Exhibits
SEC9/30/2025material
8-K — Other events, Exhibits
SEC9/23/2025material
10-Q filing
SEC8/4/2025

In the news

Education and discussion only — not investment advice. Financials from official filings (SEC/BSE) and reported company statements; market figures (delayed market data) are delayed and shown for reference only. Verify with the linked sources before acting.