The current price-to-earnings ratio for Ares Capital stock as of Nov 21, 2024 is 8.31. This is calculated based on the current EPS of $2.62 and the stock price of $21.78 per share. The PE ratio has increased by 13% from the past four quarters average of 7.4.
The average historical PE ratio of Ares Capital for the last ten years is 12.58. The current price-to-earnings ratio of 8.31 is 34% less than the historical average. In the past ten years, ARCC's PE ratio reached its highest point in the Jun 2020 quarter at 120.42, when the stock price was $14.45 and the EPS was $0.12. The lowest point was recorded in the Jun 2021 quarter, when it reached 5.04 with a price of $19.59 and an EPS of $3.89.
Maximum annual increase: 152.65% in 2022
Maximum annual decrease: -59.24% in 2021
Year | PE ratio | Change |
---|---|---|
2023 | 7.28 | -52.29% |
2022 | 15.26 | 152.65% |
2021 | 6.04 | -59.24% |
2020 | 14.82 | 47.76% |
2019 | 10.03 | 29.42% |
2018 | 7.75 | -22.58% |
2017 | 10.01 | -8.33% |
2016 | 10.92 | -8.08% |
2015 | 11.88 | 47.58% |
2014 | 8.05 | -17.1% |
ARCC's current P/E ratio is lower than the 3, 5 and 10-year averages.
When compared to its peer stock OCSL, ARCC's PE ratio is lower.
Stock name | PE ratio | Market cap |
---|---|---|
ARCC Ares Capital Corp | 8.31 | $14.07B |
OCSL Oaktree Specialty Lending Corp | 21.61 | $1.28B |
OFS OFS Capital Corp | N/A | $107.72M |
ARCC's price to earnings ratio is 8.31 as of Nov 21, 2024.
The average PE ratio for ARCC stock over the past 3 years is 9.08.
The average PE ratio for ARCC stock over the past 5 years is 15.21.
In the last ten years, the Jun 2020 quarter recorded the highest quarterly PE ratio at 120.42.
The current price to earnings ratio of ARCC is 34% lower than the 10-year historical average.
ARCC's PE ratio of 8.31 is considered low because the company's stock price is trading at a lower multiple of earnings.
The P/E ratio is calculated by taking the latest stock price and dividing it by the earnings per share(EPS) for the last 12 months. As of today (Nov 21, 2024), Ares Capital's stock price is $21.78. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $2.62. Therefore, Ares Capital's price to earnings ratio for today is 8.31. PE RATIO(8.31) = STOCK PRICE($21.78) / TTM EPS($2.62)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.