As of Sep 28, 2023, the ARCB stock has a P/E ratio of 10.5. The calculation is based on the latest EPS of $9.76 and the stock price of $102.49 per share. An increase of 45% has been observed in the PE ratio compared to its average of 7.2 of the past four quarters.
The mean historical PE ratio of Arcbest over the last ten years is 18.62. The current 10.5 price-to-earnings ratio is 44% less than the historical average. Analyzing the last ten years, ARCB's PE ratio reached its highest point in the Dec 2013 quarter at 57.08, with a price of $33.68 and an EPS of $0.59. 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 |
|---|---|---|
| 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% |
| 2013 | 57.08 | N/A |
Currently, ARCB's PE ratio is under its 3, 5 and 10-year averages.
ARCB's PE ratio is below its peer stocks ODFL and JBHT.
| Stock name | PE ratio | Market cap |
|---|---|---|
| ARCB Arcbest Corp | 10.56 | $2.48B |
| JBHT Hunt J B Transport Services Inc | 22.72 | $19.46B |
| SAIA Saia Inc | 32.03 | $10.75B |
| ODFL Old Dominion Freight Line Inc | 35.66 | $45.12B |
The price to earnings ratio for ARCB stock as of Sep 28, 2023, stands at 10.5.
The 3-year average PE ratio for ARCB stock is 11.14.
The 5-year average PE ratio for ARCB stock is 12.44.
The highest quarterly PE ratio in the last ten years has been 57.08 and it was in the Dec 2013 quarter.
ARCB's current price to earnings ratio is 44% 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 (Sep 28, 2023), Arcbest's share price is $102.49. The company's earnings per share for the trailing twelve months (TTM) ending Jun 2023 is $9.76. Therefore, Arcbest's price to earnings ratio for today is 10.5. PE RATIO(10.5) = STOCK PRICE($102.49) / TTM EPS($9.76)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.