The current PE ratio for Avnet stock as of Jul 25, 2024 is 8.25. This is calculated based on the current EPS of $6.28 and the stock price of $51.84 per share. The P/E ratio marks an increase of 25% from the past four quarters average of 6.6.
The average historical PE ratio of Avnet for the last ten years is 12.78. The current PE ratio of 8.25 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.
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% |
Currently, AVT's PE ratio is greater than its 3-year historical average, but it is below the 5 and 10-year averages.
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 21.58.
Stock name | PE ratio | Market cap |
---|---|---|
AVT Avnet Inc | 8.41 | $4.78B |
ARW Arrow Electronics Inc | 9.52 | $6.53B |
HPQ Hp Inc | 12.11 | $35.56B |
SNX Synnex Corp | 16.54 | $10.11B |
IBM International Business Machines Corp | 21.38 | $176.14B |
INTC Intel Corp | 32.66 | $133.46B |
RELL Richardson Electronics Ltd | 40.03 | $171.48M |
AVT's price to earnings ratio is 8.25 as of Jul 25, 2024.
The average PE ratio for AVT stock over the past 3 years is 6.78.
The average PE ratio for AVT stock over the past 5 years is 13.26.
In the last ten years, the Dec 2019 quarter recorded the highest quarterly PE ratio at 42.96.
The current price to earnings ratio of AVT is 35% lower than the 10-year historical average.
AVT's stock price is trading at a lower multiple of earnings, which is why its PE ratio of 8.25 is considered low.
The PE ratio is calculated by dividing the most recent price of a stock by its trailing twelve months EPS. As of today (Jul 25, 2024), Avnet's stock price is $51.84. 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 8.25. PE RATIO(8.25) = STOCK PRICE($51.84) / TTM EPS($6.28)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.