The PE ratio for Allegro Microsystems stock stands at 54.26 as of Oct 17, 2024. This is calculated based on the TTM EPS of $0.38 and the stock price of $20.62 per share. An increase of 37% has been observed in the PE ratio compared to its average of 39.7 of the past four quarters.
Over the last four years, the average PE ratio of Allegro Microsystems has been 48.69. The current 54.26 price-to-earnings ratio is 11% 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.
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 |
The current PE ratio of ALGM is above its 3-year average.
ALGM's PE ratio is below its peer stock POWI.
Stock name | PE ratio | Market cap |
---|---|---|
ALGM Allegro Microsystems Inc | 54.26 | $4B |
POWI Power Integrations Inc | 86.08 | $3.67B |
PXLW Pixelworks Inc | N/A | $51.67M |
PRSO Peraso Inc | N/A | $4.82M |
ALGM's price to earnings ratio is 54.26 as of Oct 17, 2024.
As an average over the last 3 years, ALGM stock has a PE ratio of 42.78.
Over the last four years, the Mar 2021 quarter recorded the highest quarterly PE ratio at 114.86.
The current PE ratio of ALGM is 11% higher than the 4-year historical average.
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Oct 17, 2024), Allegro Microsystems's share price is $20.62. 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 54.26. PE RATIO(54.26) = STOCK PRICE($20.62) / TTM EPS($0.38)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.