Citigroup Inc. (C) Fair Value & PE Analysis
Banks - Diversified · NYSE
Current Price
$128.97
PE Ratio (TTM)
13.7x
Intrinsic Value
$137.85
+6.4% margin of safety
What Is Citigroup Inc.'s Fair Value?
As of 2026-07-30, applying a 12.0x earnings multiple to Citigroup Inc.'s (C) earnings per share of $10.47 yields a fair value estimate of $137.85 per share, versus a market price of $128.97.
Fair value from earnings multiples is sensitive to the multiple you choose. Across the sensitivity grid the estimate spans $105.49 to $175.55. This is a relative estimate anchored to earnings, not a statement of fact. For a cash flow based view, see the intrinsic value estimate on the DCF page.
How the PE model works · Recalculate in PE mode · C intrinsic value (DCF view)
Is Citigroup Inc. (C) Overvalued?
At $128.97, C trades about 6.4% below its PE-based fair value estimate, a modest discount to its earnings power, though not enough to call it cheap outright.
COMPETITIVE MOAT
↑Global Scale and Diversification
Citigroup operates a vast global network, offering a wide range of financial services across numerous countries. This diversification provides resilience and broad market access.
↑Brand Recognition and Trust
As a long-standing financial institution, Citigroup benefits from significant brand recognition and a reputation for trust. This fosters customer loyalty and attracts new clients.
↑Large Customer Base and Data
The bank serves millions of customers worldwide, generating substantial data. This data can be leveraged for personalized services and risk management.
INVESTMENT RISKS
↓Economic Downturns and Credit Risk
Citigroup's profitability is sensitive to macroeconomic conditions. Recessions can lead to increased loan defaults and reduced demand for financial services.
↓Cybersecurity Threats and Data Breaches
As a major financial institution, Citigroup is a prime target for cyberattacks. A significant breach could lead to financial losses and reputational damage.
↓Geopolitical Instability and Currency Fluctuations
Citigroup's extensive international operations expose it to risks from political instability and volatile currency exchange rates in various regions.
Base case
C base case PE valuation
Intrinsic Value
$137.85
Margin of safety
+6.4%
Expected annual return
+1.3%
Base case assumptions: 3.7% annual earnings growth, 12x target PE, 10% discount rate, 5 year projection. Data as of 2026-07-30.
This base case uses default assumptions and is not financial advice. The fair value changes significantly when the target PE or earnings growth rate changes. Open the calculator to set your own assumptions and see the full sensitivity range.
Customize the C PE valuation
Adjust the target PE, earnings growth, and discount rate to see how the fair value and margin of safety for Citigroup Inc. respond.
Open PE Calculator for CCompany Overview
Citigroup, Inc. is a holding company, which engages in the provision of financial products and services. It operates through the following segments: Services, Markets, Banking, Wealth, U.S. Personal Banking (USPB), and All Other. The Services segment includes Treasury and Trade Solutions (TTS) which provides an integrated suite of tailored cash management, trade, and working capital solutions to multinational corporations, financial institutions and public sector organizations, and Securities Services, which offers cross-border support for clients, providing on-the-ground local market expertise, post-trade technologies, customized data solutions, and a wide range of securities services solutions that can be tailored to meet client needs. The Markets segment provides corporate, institutional, and public sector clients around the world with a full range of sales and trading services across equities, foreign exchange, rates, spread products, and commodities. The Banking segment offers Investment Banking and Corporate Lending services. The Wealth segment includes Private Bank, Wealth at Work, and Citigold and provides financial services to a range of client segments through banking, lending, mortgages, investment, custody, and trust product offerings. The USPB segment includes Branded Cards and Retail Services, which have proprietary card portfolios and co-branded card portfolios within Branded Cards, and co-brand and private label relationships within Retail Services. The All Other segment consists of activities not assigned to the reportable operating segments, including certain unallocated costs of global functions, other corporate expenses, and net treasury results. The company was founded in 1812 and is headquartered in New York, NY.
Financial Metrics — C PE Stock Valuation Data
PE Ratio (TTM)
13.7x
PEG Ratio
0.37
Earnings Yield
8.11%
ROE (TTM)
8.4%
Revenue/Share (TTM)
$90.31
Dividend Yield
1.86%
Debt/Equity
1.90x
Frequently Asked Questions
What is the PE ratio of C?
The trailing twelve-month PE ratio of C reflects how much investors pay per dollar of Citigroup Inc.'s earnings. This metric is most useful when compared to Banks - Diversified peers and the company's own historical range.
Is C overvalued based on PE ratio?
C's PE of 13.7x combined with a PEG ratio of 0.37 provides a growth-adjusted perspective. A PEG below 1.0 means the P/E is low relative to the earnings growth rate. Keep in mind that PE-based valuation works best for profitable, mature companies — for high-growth or cyclical Banks - Diversified, a DCF analysis may be more appropriate.
How do I value C stock using PE ratio?
To value Citigroup Inc. using PE: (1) Compare the current PE (13.7x) against the Banks - Diversified median to assess relative pricing, (2) check the PEG ratio (0.37) to adjust for growth expectations, (3) review the 5-year PE range to identify where the stock sits historically, and (4) estimate fair value by multiplying a target PE by forward EPS estimates. This relative approach complements DCF's absolute valuation.
What is the PEG ratio of C?
C's PEG ratio is 0.37, calculated by dividing the PE ratio (13.7x) by the expected earnings growth rate. A PEG below 1.0 means the P/E is low relative to the expected earnings growth rate. Note that PEG accuracy depends on the reliability of growth estimates.
Should I use PE ratio or DCF for C stock valuation?
PE ratio gives a quick relative read — how C is priced versus Banks - Diversified peers. DCF provides an absolute value based on projected free cash flows. For the most reliable valuation, use PE as a quick comparability screen and DCF for a deeper fundamental analysis. Each method has blind spots: PE ignores capital structure and cash flow quality, while DCF is sensitive to growth and discount rate assumptions.
Learn More
- See C DCF Valuation → — Intrinsic value via Discounted Cash Flow analysis
- PE Methodology — Step-by-step guide to PE ratio stock valuation
- DCF Methodology — Guide to discounted cash flow analysis
- PE Ratio — Understanding the price-to-earnings ratio
- Intrinsic Value — How to evaluate stock fair value
Related PE Valuations
All Financial Services valuationsP/E and DCF value C with different methods and assumptions, so the two conclusions can differ. Compare the DCF intrinsic value.
Price as of 2026-07-30. Financial data from Financial Modeling Prep (trailing twelve months) · Valuation methodology by Charlie Wang.
This is an estimate, not investment advice.