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ASTE Astec Industries PE ratio, current and historical analysis

The PE ratio for Astec Industries stock stands at 29.02 as of Jun 12, 2024. This is based on the current EPS of $1.09 and the stock price of $31.63 per share. A decrease of 31% has been seen in the P/E ratio compared to the average of 41.8 of the last 4 quarters.

ASTE PE ratio history

How has ASTE's PE ratio performed in the past

Over the last ten years, the average PE ratio of Astec Industries has been 42.1. The current 29.02 PE ratio is 31% 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.

Average
42.1
Median
30.06
Minimum
20.43
Maximum
117.86

Astec Industries PE ratio by year

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%

ASTE average PE ratio chart

What is the average PE ratio of ASTE for the past years

The current PE ratio of ASTE is below the 3, 5 and 10-year averages.

3-year avg
60.35
5-year avg
57.35
10-year avg
42.1
15-year avg
41.47

ASTE PE vs peers

What is ASTE's PE ratio compared to its peers

ASTE's PE ratio is higher than its peer stocks CAT and NOV. Astec Industries's current PE ratio of 29.02 is above the average of its peers, which is 13.93.

Stock name PE ratio Market cap
NOV National Oilwell Varco Inc 7.16 $7.08B
TEX Terex Corp 7.18 $3.69B
MTW Manitowoc Co Inc 14.27 $400.55M
CAT Caterpillar Inc 14.66 $159.68B
GENC Gencor Industries Inc 16.63 $280.26M
CMCO Columbus Mckinnon Corp 22.22 $1.04B
ASTE Astec Industries Inc 28.71 $712.33M
FET Forum Energy Technologies Inc N/A $210.66M

Frequently asked questions

What is Astec Industries's PE ratio?

As of Jun 12, 2024, ASTE stock has a price to earnings ratio of 29.02.

What is the 3-year average PE ratio for Astec Industries (ASTE)?

The average PE ratio for ASTE stock over the past 3 years is 60.35.

What is the 5-year average PE ratio for Astec Industries (ASTE)?

The average PE ratio for ASTE stock over the past 5 years is 57.35.

What is the highest PE ratio for ASTE?

Over the last ten years, the quarterly PE ratio reached a historic high of 117.86 in the Mar 2023 quarter.

How does the current PE ratio for ASTE compare to its historical average?

ASTE's current price to earnings ratio is 31% below its 10-year historical average.

How is ASTE's PE ratio calculated (Astec Industries PE ratio formula)?

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 (Jun 12, 2024), Astec Industries's stock price is $31.63. 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 29.02. PE RATIO(29.02) = STOCK PRICE($31.63) / TTM EPS($1.09)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.