As at Apr 26, 2024, the BBSI stock has a PE ratio of 16.19. This is based on the current EPS of $7.52 and the stock price of $121.77 per share. An increase of 20% has been seen in the P/E ratio compared to the average of 13.5 of the last 4 quarters.
The mean historical PE ratio of Barrett Business Services over the last ten years is 15.09. The current 16.19 PE ratio is 7% above the historical average. Over the past ten years, BBSI's PE ratio was at its highest in the Jun 2018 quarter at 25.68, with a price of $96.57 and an EPS of $3.76. The Mar 2020 quarter recorded the bottom point at 6.26, with a price of $39.64 and an EPS of $6.33.
Maximum annual increase: 101.06% in 2016
Maximum annual decrease: -40.72% in 2018
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 15.4 | 9.45% |
| 2022 | 14.07 | 2.85% |
| 2021 | 13.68 | -10.53% |
| 2020 | 15.29 | 9.53% |
| 2019 | 13.96 | 26.33% |
| 2018 | 11.05 | -40.72% |
| 2017 | 18.64 | -24.38% |
| 2016 | 24.65 | 101.06% |
| 2015 | 12.26 | N/A |
| 2014 | N/A | N/A |
The current PE ratio of BBSI is greater than its 3, 5 and 10-year historical averages.
Compared to its peer stocks ADP and RHI, BBSI's PE ratio stands lower. Barrett Business Services's PE ratio is trading below the peer group average of 24.23.
| Stock name | PE ratio | Market cap |
|---|---|---|
| BBSI Barrett Business Services Inc | 16.19 | $800.19M |
| TNET Trinet Group Inc | 16.97 | $5.35B |
| RHI Robert Half International Inc | 17.78 | $7.3B |
| KFRC Kforce Inc | 20.17 | $1.25B |
| ASGN ASGN Inc | 21.48 | $4.53B |
| NSP Insperity Inc | 23 | $3.88B |
| KELYA Kelly Services Inc | 23.7 | $827.87M |
| ADP Automatic Data Processing Inc | 28.13 | $99.85B |
| MAN ManpowerGroup Inc | 42.61 | $3.66B |
| TBI TrueBlue Inc | N/A | $329.88M |
| MHH Mastech Digital Inc | N/A | $101.37M |
BBSI's price to earnings ratio is 16.19 as of Apr 26, 2024.
Over the last 3 years, the average price to earnings ratio for BBSI stock is 13.71.
Over the last 5 years, the average price to earnings ratio for BBSI stock is 12.99.
In the last ten years, the Jun 2018 quarter recorded the highest quarterly PE ratio at 25.68.
BBSI's current price to earnings ratio is 7% above its 10-year historical average.
The PE ratio is calculated by dividing the most recent price of a stock by its trailing twelve months EPS. As of today (Apr 26, 2024), Barrett Business Services's stock price is $121.77. The earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $7.52. Therefore, Barrett Business Services's P/E ratio for today is 16.19. PE RATIO(16.19) = STOCK PRICE($121.77) / TTM EPS($7.52)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.