As of Nov 21, 2024, the Acacia Research stock's PE ratio is 6.12. This results from the current EPS of $0.74 and stock price of $4.53. The P/E ratio has a decrease of 8% from the past four quarters average of 6.7.
The PE ratio of Acacia Research has averaged 12.15 over the last eight years. The current PE ratio of 6.12 is 50% below the historical average. Over the past eight years, ACTG's PE ratio was at its highest in the Mar 2018 quarter at 87.5, when the stock price was $3.5 and the EPS was $0.04. The lowest value was in the Mar 2022 quarter, when it reached 1.18 with a price of $4.51 and an EPS of $3.82.
Maximum annual decrease: -4.52% in 2021
Year | PE ratio | Change |
---|---|---|
2023 | 5.37 | N/A |
2022 | N/A | N/A |
2021 | 2.11 | -4.52% |
2020 | 2.21 | N/A |
2019 | N/A | N/A |
2018 | N/A | N/A |
2017 | 9.2 | N/A |
2016 | N/A | N/A |
2015 | N/A | N/A |
2014 | N/A | N/A |
Currently, ACTG's PE ratio is greater than its 3-year historical average, but it is below the 5 and 10-year averages.
Compared to its peer stocks GLW and MPWR, ACTG's PE ratio stands lower.
Stock name | PE ratio | Market cap |
---|---|---|
ACTG Acacia Research Corp | 6.12 | $441.08M |
MPWR Monolithic Power Systems Inc | 64.03 | $27.93B |
GLW Corning Inc | 251.79 | $40.96B |
ACTG's price to earnings ratio is 6.12 as of Nov 21, 2024.
As an average over the last 3 years, ACTG stock has a PE ratio of 4.5.
As an average over the last 5 years, ACTG stock has a PE ratio of 6.49.
In the last eight years, the Mar 2018 quarter recorded the highest quarterly PE ratio at 87.5.
ACTG's price to earnings ratio is currently 50% below its 8-year historical average.
ACTG's PE ratio is low because its earnings per share (EPS) is high relative to its stock price.
The PE ratio is calculated by dividing the most recent price of a stock by its trailing twelve months EPS. As of today (Nov 21, 2024), Acacia Research's stock price is $4.53. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $0.74. Therefore, Acacia Research's P/E ratio for today is 6.12. PE RATIO(6.12) = STOCK PRICE($4.53) / TTM EPS($0.74)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.