The PE ratio for Allegro Microsystems stock stands at 30.57 as of Jul 26, 2024. This is calculated based on the TTM EPS of $0.79 and the stock price of $24.15 per share. The current PE ratio is about the same compared to the last four quarters average.
Over the last four years, the average PE ratio of Allegro Microsystems has been 46.86. The current 30.57 price-to-earnings ratio is 35% less 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 under its 3-year average.
ALGM's PE ratio is below its peer stock POWI.
| Stock name | PE ratio | Market cap |
|---|---|---|
| ALGM Allegro Microsystems Inc | 30.57 | $4.68B |
| POWI Power Integrations Inc | 79.3 | $4.14B |
| PRSO Peraso Inc | N/A | $4.22M |
ALGM's price to earnings ratio is 30.57 as of Jul 26, 2024.
As an average over the last 3 years, ALGM stock has a PE ratio of 46.12.
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 35% lower 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 (Jul 26, 2024), Allegro Microsystems's share price is $24.15. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $0.79. Therefore, Allegro Microsystems's price to earnings ratio for today is 30.57. PE RATIO(30.57) = STOCK PRICE($24.15) / TTM EPS($0.79)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.