The PE ratio for Astec Industries stock stands at 31.71 as of Jul 25, 2024. This is based on the current EPS of $1.09 and the stock price of $34.56 per share. A decrease of 24% has been seen in the P/E ratio compared to the average of 41.8 of the last 4 quarters.
Over the last ten years, the average PE ratio of Astec Industries has been 42.65. The current 31.71 PE ratio is 26% below the historical average. Over the past ten years, ASTE's PE ratio was at its highest in the Mar 2023 quarter at 117.86, with a price of $41.25 and an EPS of $0.35. The Sep 2015 quarter recorded the bottom point at 20.43, with a price of $33.51 and an EPS of $1.64.
Maximum annual increase: 248.82% in 2021
Maximum annual decrease: -33.12% in 2020
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 25.31 | N/A |
| 2022 | N/A | N/A |
| 2021 | 98.96 | 248.82% |
| 2020 | 28.37 | -33.12% |
| 2019 | 42.42 | N/A |
| 2018 | N/A | N/A |
| 2017 | 35.67 | 26.89% |
| 2016 | 28.11 | -1.23% |
| 2015 | 28.46 | 9.34% |
| 2014 | 26.03 | 15.89% |
The current PE ratio of ASTE is below the 3, 5 and 10-year averages.
ASTE's PE ratio is higher than its peer stocks CAT and NOV. Astec Industries's current PE ratio of 31.71 is above the average of its peers, which is 15.25.
| Stock name | PE ratio | Market cap |
|---|---|---|
| NOV National Oilwell Varco Inc | 7.94 | $7.85B |
| TEX Terex Corp | 8.75 | $4.49B |
| CAT Caterpillar Inc | 15.74 | $171.48B |
| MTW Manitowoc Co Inc | 16.43 | $461.32M |
| GENC Gencor Industries Inc | 20.07 | $338.3M |
| CMCO Columbus Mckinnon Corp | 24.25 | $1.13B |
| ASTE Astec Industries Inc | 32.35 | $802.71M |
| FET Forum Energy Technologies Inc | N/A | $224.42M |
As of Jul 25, 2024, ASTE stock has a price to earnings ratio of 31.71.
The average PE ratio for ASTE stock over the past 3 years is 62.5.
The average PE ratio for ASTE stock over the past 5 years is 57.35.
Over the last ten years, the quarterly PE ratio reached a historic high of 117.86 in the Mar 2023 quarter.
ASTE's current price to earnings ratio is 26% below its 10-year historical average.
The PE ratio is calculated by taking the latest stock price and dividing it by the EPS for the last 12 months. As of today (Jul 25, 2024), Astec Industries's stock price is $34.56. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $1.09. Therefore, Astec Industries's P/E ratio for today is 31.71. PE RATIO(31.71) = STOCK PRICE($34.56) / TTM EPS($1.09)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.