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AVT Avnet PE ratio, current and historical analysis

The current PE ratio for Avnet stock as of Jun 14, 2024 is 8.31. This is calculated based on the current EPS of $6.28 and the stock price of $52.2 per share. The P/E ratio marks an increase of 26% from the past four quarters average of 6.6.

AVT PE ratio history

How has AVT's PE ratio performed in the past

The average historical PE ratio of Avnet for the last ten years is 12.72. The current PE ratio of 8.31 is 35% below the historical average. Over the past ten years, AVT's PE ratio was at its highest in the Dec 2019 quarter at 42.96, when the stock price was $42.53 and the EPS was $0.99. The lowest value was in the Oct 2022 quarter, when it reached 4.6 with a price of $36.12 and an EPS of $7.86.

Average
12.72
Median
10.27
Minimum
4.6
Maximum
42.96

Avnet PE ratio by year

Maximum annual increase: 7.37% in 2014

Maximum annual decrease: -70.68% in 2022

Year PE ratio Change
2023 6.03 0.17%
2022 6.02 -70.68%
2021 20.53 N/A
2020 N/A N/A
2019 28.12 N/A
2018 N/A N/A
2017 9.41 -9.61%
2016 10.41 3.38%
2015 10.07 -9.03%
2014 11.07 7.37%

AVT average PE ratio chart

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

Currently, AVT's PE ratio is greater than its 3-year historical average, but it is below the 5 and 10-year averages.

3-year avg
7.92
5-year avg
14.19
10-year avg
12.72
15-year avg
12.12

AVT PE vs peers

What is AVT's PE ratio compared to its peers

Compared to its peer stocks IBM and INTC, AVT's PE ratio stands lower. Avnet's PE ratio is trading below the peer group average of 21.55.

Stock name PE ratio Market cap
AVT Avnet Inc 8.31 $4.72B
ARW Arrow Electronics Inc 10 $6.86B
HPQ Hp Inc 11.84 $34.75B
SNX Synnex Corp 18.86 $11.39B
IBM International Business Machines Corp 18.86 $155.44B
INTC Intel Corp 31.72 $129.63B
RELL Richardson Electronics Ltd 38 $162.77M

Frequently asked questions

What is Avnet's PE ratio?

AVT's price to earnings ratio is 8.31 as of Jun 14, 2024.

What is the 3-year average PE ratio for Avnet (AVT)?

The average PE ratio for AVT stock over the past 3 years is 7.92.

What is the 5-year average PE ratio for Avnet (AVT)?

The average PE ratio for AVT stock over the past 5 years is 14.19.

What is the highest PE ratio for AVT?

In the last ten years, the Dec 2019 quarter recorded the highest quarterly PE ratio at 42.96.

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

The current price to earnings ratio of AVT is 35% lower than the 10-year historical average.

Why is Avnet's PE ratio so low?

AVT's stock price is trading at a lower multiple of earnings, which is why its PE ratio of 8.31 is considered low.

How is AVT's PE ratio calculated (Avnet PE ratio formula)?

The PE ratio is calculated by dividing the most recent price of a stock by its trailing twelve months EPS. As of today (Jun 14, 2024), Avnet's stock price is $52.2. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $6.28. Therefore, Avnet's P/E ratio for today is 8.31. PE RATIO(8.31) = STOCK PRICE($52.2) / TTM EPS($6.28)

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