As of Dec 20, 2024, the ARCB stock has a P/E ratio of 11.48. The calculation is based on the latest EPS of $8.2 and the stock price of $94.13 per share. A decrease of 39% has been observed in the PE ratio compared to its average of 19.0 of the past four quarters.
The mean historical PE ratio of Arcbest over the last ten years is 16.5. The current 11.48 price-to-earnings ratio is 30% 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 under its 3, 5 and 10-year averages.
ARCB's PE ratio is below its peer stocks FDX and ODFL. Arcbest is currently trading at a lower PE ratio (11.48) than its peers average of 28.19.
Stock name | PE ratio | Market cap |
---|---|---|
ARCB Arcbest Corp | 11.48 | $2.2B |
FDX Fedex Corp | 16.85 | $67.37B |
JBHT Hunt J B Transport Services Inc | 30.67 | $17.16B |
ODFL Old Dominion Freight Line Inc | 31.54 | $38.72B |
SAIA Saia Inc | 33.69 | $12.59B |
FWRD Forward Air Corp | N/A | $837.65M |
The price to earnings ratio for ARCB stock as of Dec 20, 2024, stands at 11.48.
The 3-year average PE ratio for ARCB stock is 12.18.
The 5-year average PE ratio for ARCB stock is 13.83.
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 30% 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 (Dec 20, 2024), Arcbest's share price is $94.13. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $8.2. Therefore, Arcbest's price to earnings ratio for today is 11.48. PE RATIO(11.48) = STOCK PRICE($94.13) / TTM EPS($8.2)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.