As of Apr 26, 2024, the ARCB stock has a P/E ratio of 15.71. The calculation is based on the latest EPS of $8.14 and the stock price of $127.89 per share. An increase of 37% has been observed in the PE ratio compared to its average of 11.5 of the past four quarters.
The mean historical PE ratio of Arcbest over the last ten years is 16.81. The current 15.71 price-to-earnings ratio is 7% less than the historical average. Analyzing the last ten years, ARCB's PE ratio reached its highest point in the Mar 2017 quarter at 39.39, with a price of $26 and an EPS of $0.66. The Sep 2022 quarter saw the lowest point at 5.52, with a price of $72.73 and an EPS of $13.18.
Maximum annual increase: 206.95% in 2016
Maximum annual decrease: -59.87% in 2017
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 14.77 | 155.98% |
| 2022 | 5.77 | -59.65% |
| 2021 | 14.3 | -6.17% |
| 2020 | 15.24 | -13.85% |
| 2019 | 17.69 | 34.73% |
| 2018 | 13.13 | -14.8% |
| 2017 | 15.41 | -59.87% |
| 2016 | 38.4 | 206.95% |
| 2015 | 12.51 | -54.41% |
| 2014 | 27.44 | -51.93% |
Currently, ARCB's PE ratio is above its 3 and 5-year averages, but it is under its 10-year average.
ARCB's PE ratio is less than its peer stocks ODFL and JBHT, but it is above FDX's and FWRD's. Arcbest is currently trading at a lower PE ratio (15.71) than its peers average of 21.21.
| Stock name | PE ratio | Market cap |
|---|---|---|
| FWRD Forward Air Corp | 3.47 | $587.27M |
| FDX Fedex Corp | 15.19 | $65.42B |
| ARCB Arcbest Corp | 15.71 | $3.01B |
| JBHT Hunt J B Transport Services Inc | 25.47 | $16.72B |
| SAIA Saia Inc | 30.94 | $11.4B |
| ODFL Old Dominion Freight Line Inc | 32.17 | $39.71B |
The price to earnings ratio for ARCB stock as of Apr 26, 2024, stands at 15.71.
The 3-year average PE ratio for ARCB stock is 9.82.
The 5-year average PE ratio for ARCB stock is 12.47.
The highest quarterly PE ratio in the last ten years has been 39.39 and it was in the Mar 2017 quarter.
ARCB's current price to earnings ratio is 7% below its 10-year historical average.
You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months earnings per share(EPS). As of today (Apr 26, 2024), Arcbest's share price is $127.89. The company's earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $8.14. Therefore, Arcbest's price to earnings ratio for today is 15.71. PE RATIO(15.71) = STOCK PRICE($127.89) / TTM EPS($8.14)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.