As at Jul 25, 2024, the AXON stock has a PE ratio of 88.8. This is based on the current EPS of $3.5 and the stock price of $310.81 per share. A decrease of 20% has been seen in the P/E ratio compared to the average of 110.4 of the last 4 quarters.
The mean historical PE ratio of Axon Enterprise over the last ten years is 345.0. The current 88.8 PE ratio is 74% below the historical average. Over the past ten years, AXON's PE ratio was at its highest in the Dec 2019 quarter at 7,328, with a price of $73.28 and an EPS of $0.01. The Sep 2014 quarter recorded the bottom point at 41.73, with a price of $15.44 and an EPS of $0.37.
Maximum annual increase: 8,610.33% in 2019
Maximum annual decrease: -68.25% in 2018
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 109.93 | 37.14% |
| 2022 | 80.16 | N/A |
| 2021 | N/A | N/A |
| 2020 | N/A | N/A |
| 2019 | 7,328 | 8,610.33% |
| 2018 | 84.13 | -68.25% |
| 2017 | 265 | 260.79% |
| 2016 | 73.45 | 57.18% |
| 2015 | 46.73 | -32.94% |
| 2014 | 69.68 | 53.58% |
The current PE ratio of AXON is below the 3, 5 and 10-year averages.
AXON's PE ratio is higher than its peer stock EXEL.
| Stock name | PE ratio | Market cap |
|---|---|---|
| EXEL Exelixis Inc | 36.55 | $6.81B |
| AXON Axon Enterprise Inc | 88.74 | $23.44B |
| SGMO Sangamo Therapeutics Inc | N/A | $179.48M |
| XBIT XBiotech Inc | N/A | $220.51M |
| QURE uniQure NV | N/A | $404.66M |
As of Jul 25, 2024, AXON stock has a price to earnings ratio of 88.8.
Over the last 3 years, the average price to earnings ratio for AXON stock is 111.32.
Over the last 5 years, the average price to earnings ratio for AXON stock is 777.91.
Over the last ten years, the quarterly PE ratio reached a historic high of 7,328 in the Dec 2019 quarter.
AXON's current price to earnings ratio is 74% below its 10-year historical average.
A company with a higher PE ratio may indicate that the market has higher growth expectations for the company's future earnings or profitability.
To determine the PE ratio, divide the most recent stock price by the TTM earnings per share (EPS). As of today (Jul 25, 2024), Axon Enterprise's stock price is $310.81. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $3.5. Therefore, Axon Enterprise's P/E ratio for today is 88.8. PE RATIO(88.8) = STOCK PRICE($310.81) / TTM EPS($3.5)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.