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ALGM Allegro Microsystems PE ratio, current and historical analysis

The PE ratio for Allegro Microsystems stock stands at 35.29 as of Jun 20, 2024. This is calculated based on the TTM EPS of $0.79 and the stock price of $27.88 per share. An increase of 17% has been observed in the PE ratio compared to its average of 30.3 of the past four quarters.

ALGM PE ratio history

How has ALGM's PE ratio performed in the past

Over the last four years, the average PE ratio of Allegro Microsystems has been 46.86. The current 35.29 price-to-earnings ratio is 25% 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.

Average
46.86
Median
37.34
Minimum
9.08
Maximum
114.86

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

What is the average PE ratio of ALGM for the past years

The current PE ratio of ALGM is under its 3-year average.

3-year avg
44.35
5-year avg
N/A
10-year avg
N/A
15-year avg
N/A

ALGM PE vs peers

What is ALGM's PE ratio compared to its peers

ALGM's PE ratio is below its peer stock POWI.

Stock name PE ratio Market cap
ALGM Allegro Microsystems Inc 35.03 $5.36B
POWI Power Integrations Inc 77.57 $4.05B
PXLW Pixelworks Inc N/A $55.62M
PRSO Peraso Inc N/A $3.52M

Frequently asked questions

What is Allegro Microsystems's PE ratio?

ALGM's price to earnings ratio is 35.29 as of Jun 20, 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 44.35.

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 25% lower 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 (Jun 20, 2024), Allegro Microsystems's share price is $27.88. 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 35.29. PE RATIO(35.29) = STOCK PRICE($27.88) / TTM EPS($0.79)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.