The current P/E ratio for AeroVironment stock as of Jul 26, 2024 is 79.37. This is calculated based on the TTM EPS of $2.19 and the stock price of $173.82 per share.
The average historical PE ratio of AeroVironment for the last ten years is 128.78. The current price-to-earnings ratio of 79.37 is 38% less than the historical average. Analyzing the last ten years, AVAV's PE ratio reached its highest point in the Jul 2022 quarter at 1,732.8, when the price was $86.64 and the EPS was $0.05. The lowest point was recorded in the Jan 2019 quarter, when it reached 31.73 with a price of $78.7 and an EPS of $2.48.
Maximum annual increase: 255.71% in 2015
Maximum annual decrease: -62.4% in 2016
| Year | PE ratio | Change |
|---|---|---|
| 2024 | 72.96 | N/A |
| 2023 | N/A | N/A |
| 2022 | N/A | N/A |
| 2021 | 113.78 | 226.67% |
| 2020 | 34.83 | 1.6% |
| 2019 | 34.28 | -52.2% |
| 2018 | 71.71 | 43.08% |
| 2017 | 50.12 | -32.32% |
| 2016 | 74.05 | -62.4% |
| 2015 | 196.92 | 255.71% |
Currently, AVAV's PE ratio is under its 5 and 10-year averages.
When compared to its peer stocks LMT and GD, AVAV's PE ratio is higher. AeroVironment's current PE ratio of 79.37 is more than the average of its peers, which is 26.47.
| Stock name | PE ratio | Market cap |
|---|---|---|
| HII Huntington Ingalls Industries Inc | 15.57 | $10.88B |
| LMT Lockheed Martin Corp | 18.98 | $125.09B |
| TXT Textron Inc | 19.46 | $17.56B |
| GD General Dynamics Corp | 22.37 | $79.8B |
| NOC Northrop Grumman Corp | 31.17 | $70.24B |
| AIR Aar Corp | 51.25 | $2.38B |
| AVAV AeroVironment Inc | 79.37 | $4.89B |
| SPR Spirit AeroSystems Holdings Inc | N/A | $4.15B |
| BA Boeing Co | N/A | $114.73B |
AVAV's price to earnings ratio is 79.37 as of Jul 26, 2024.
As an average over the last 5 years, AVAV stock has a PE ratio of 250.22.
Over the last ten years, the Jul 2022 quarter recorded the highest quarterly PE ratio at 1,732.8.
The current PE ratio of AVAV is 38% lower than the 10-year historical average.
AVAV's PE ratio is high because its earnings per share (EPS) is low relative to its stock price.
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 (Jul 26, 2024), AeroVironment's share price is $173.82. The company's earnings per share for the trailing twelve months (TTM) ending Apr 2024 is $2.19. Therefore, AeroVironment's price to earnings ratio for today is 79.37. PE RATIO(79.37) = STOCK PRICE($173.82) / TTM EPS($2.19)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.