ALGM Allegro Microsystems PE ratio, current and historical analysis
The PE ratio for Allegro Microsystems stock stands at 62.61 as of Sep 19, 2024. This is calculated based on the TTM EPS of $0.38 and the stock price of $23.79 per share. An increase of 58% has been observed in the PE ratio compared to its average of 39.7 of the past four quarters.
ALGM PE ratio history
Over the last four years, the average PE ratio of Allegro Microsystems has been 48.69. The current 62.61 price-to-earnings ratio is 29% more than the historical average. Analyzing the last four years, ALGM's PE ratio reached its highest point in the Mar 2021 quarter at 114.86, with a price of $25.27 and an EPS of $0.22. The Dec 2020 quarter saw the lowest point at 9.08, with a price of $24.79 and an EPS of $2.73.
Allegro Microsystems PE ratio by year
Maximum annual increase: 5.72% in 2023
Maximum annual decrease: -59.67% in 2022
| Year | PE ratio | Change |
|---|---|---|
| 2024 | 34.13 | -30.3% |
| 2023 | 48.97 | 5.72% |
| 2022 | 46.32 | -59.67% |
| 2021 | 114.86 | N/A |
| 2020 | N/A | N/A |
| 2019 | N/A | N/A |
ALGM average PE ratio chart
The current PE ratio of ALGM is above its 3-year average.
ALGM PE vs peers
ALGM's PE ratio is below its peer stock POWI.
| Stock name | PE ratio | Market cap |
|---|---|---|
| ALGM Allegro Microsystems Inc | 59.71 | $4.4B |
| POWI Power Integrations Inc | 79.53 | $3.39B |
| PXLW Pixelworks Inc | N/A | $39.98M |
| PRSO Peraso Inc | N/A | $3.97M |
Frequently asked questions
What is Allegro Microsystems's PE ratio?
ALGM's price to earnings ratio is 62.61 as of Sep 19, 2024.
What is the 3-year average PE ratio for Allegro Microsystems (ALGM)?
As an average over the last 3 years, ALGM stock has a PE ratio of 48.47.
What is the highest PE ratio for ALGM?
Over the last four years, the Mar 2021 quarter recorded the highest quarterly PE ratio at 114.86.
How does the current PE ratio for ALGM compare to its historical average?
The current PE ratio of ALGM is 29% higher than the 4-year historical average.
How is ALGM's PE ratio calculated (Allegro Microsystems PE ratio formula)?
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Sep 19, 2024), Allegro Microsystems's share price is $23.79. The company's earnings per share for the trailing twelve months (TTM) ending Jun 2024 is $0.38. Therefore, Allegro Microsystems's price to earnings ratio for today is 62.61. PE RATIO(62.61) = STOCK PRICE($23.79) / TTM EPS($0.38)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.