-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 Ono4c29N8XHFv+eEfgD0LB9NvgAJWCEl87zk16dXpWS+e77S06kfNlPwwe3Dl5Zy
 X4G6Rt0LvcpftaND3mhoPg==

<SEC-DOCUMENT>0001127602-10-024079.txt : 20100930
<SEC-HEADER>0001127602-10-024079.hdr.sgml : 20100930
<ACCEPTANCE-DATETIME>20100930123507
ACCESSION NUMBER:		0001127602-10-024079
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20100928
FILED AS OF DATE:		20100930
DATE AS OF CHANGE:		20100930

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Broaddus J Alfred Jr
		CENTRAL INDEX KEY:			0001298933

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	033-07012-99
		FILM NUMBER:		101098473

	MAIL ADDRESS:	
		STREET 1:		4800 COX ROAD
		CITY:			GLEN ALLEN
		STATE:			VA
		ZIP:			23060

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			PRICE T ROWE GROUP INC
		CENTRAL INDEX KEY:			0001113169
		STANDARD INDUSTRIAL CLASSIFICATION:	SECURITY & COMMODITY BROKERS, DEALERS, EXCHANGES & SERVICES [6200]
		IRS NUMBER:				522264646
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		100 EAST PRATT STREET
		STREET 2:		P.O. BOX 89000
		CITY:			BALTIMORE
		STATE:			MD
		ZIP:			21289-0320
		BUSINESS PHONE:		4103452000

	MAIL ADDRESS:	
		STREET 1:		100 EAST PRATT STREET
		STREET 2:		P.O. BOX 89000
		CITY:			BALTIMORE
		STATE:			MD
		ZIP:			21289-0320
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>form4.xml
<DESCRIPTION>PRIMARY DOCUMENT
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0303</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2010-09-28</periodOfReport>

    <issuer>
        <issuerCik>0001113169</issuerCik>
        <issuerName>PRICE T ROWE GROUP INC</issuerName>
        <issuerTradingSymbol>TROW</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001298933</rptOwnerCik>
            <rptOwnerName>Broaddus J Alfred Jr</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>T. ROWE PRICE GROUP, INC.</rptOwnerStreet1>
            <rptOwnerStreet2>P.O. BOX 89000</rptOwnerStreet2>
            <rptOwnerCity>BALTIMORE</rptOwnerCity>
            <rptOwnerState>MD</rptOwnerState>
            <rptOwnerZipCode>21289-0320</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2010-09-28</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>A</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionTimeliness></transactionTimeliness>
            <transactionAmounts>
                <transactionShares>
                    <value>47.069</value>
                    <footnoteId id="F1"/>
                </transactionShares>
                <transactionPricePerShare>
                    <value>50.10</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>9029.026</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">Credited as fully-vested dividend equivalents pursuant to the T. Rowe Price Group Inc. 2007 Non-Employee Director Equity Plan with respect to dividend declared by the issuer on it's Common Stock.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Power of Attorney, Barbara A. Van Horn</signatureName>
        <signatureDate>2010-09-29</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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