As at Jul 26, 2024, the BBSI stock has a PE ratio of 19.37. This is based on the current EPS of $1.86 and the stock price of $36.03 per share. An increase of 33% has been seen in the P/E ratio compared to the average of 14.5 of the last 4 quarters.
The mean historical PE ratio of Barrett Business Services over the last nine years is 14.96. The current 19.37 PE ratio is 29% above the historical average. Over the past nine years, BBSI's PE ratio was at its highest in the Jun 2018 quarter at 25.68, with a price of $24.14 and an EPS of $0.94. The Mar 2020 quarter recorded the bottom point at 6.27, with a price of $9.91 and an EPS of $1.58.
Maximum annual increase: 101.55% in 2016
Maximum annual decrease: -40.58% in 2018
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 15.4 | 9.61% |
| 2022 | 14.05 | 2.55% |
| 2021 | 13.7 | -10.05% |
| 2020 | 15.23 | 9.1% |
| 2019 | 13.96 | 26.79% |
| 2018 | 11.01 | -40.58% |
| 2017 | 18.53 | -24.83% |
| 2016 | 24.65 | 101.55% |
| 2015 | 12.23 | 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 peers ADP and ASGN, BBSI's PE ratio stands lower, however it is higher than RHI's and TNET's. Barrett Business Services's PE ratio is trading below the peer group average of 21.51.
| Stock name | PE ratio | Market cap |
|---|---|---|
| KELYA Kelly Services Inc | 16.54 | $822.68M |
| TNET Trinet Group Inc | 17.82 | $5.61B |
| RHI Robert Half International Inc | 18.54 | $6.54B |
| BBSI Barrett Business Services Inc | 19.37 | $942.8M |
| ASGN ASGN Inc | 21.76 | $4.35B |
| KFRC Kforce Inc | 23.35 | $1.33B |
| NSP Insperity Inc | 24.54 | $3.84B |
| ADP Automatic Data Processing Inc | 28.04 | $103.42B |
| MAN ManpowerGroup Inc | 71.25 | $3.57B |
| TBI TrueBlue Inc | N/A | $363.47M |
| MHH Mastech Digital Inc | N/A | $101.22M |
BBSI's price to earnings ratio is 19.37 as of Jul 26, 2024.
Over the last 3 years, the average price to earnings ratio for BBSI stock is 13.93.
Over the last 5 years, the average price to earnings ratio for BBSI stock is 13.2.
In the last nine years, the Jun 2018 quarter recorded the highest quarterly PE ratio at 25.68.
BBSI's current price to earnings ratio is 29% above its 9-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 (Jul 26, 2024), Barrett Business Services's stock price is $36.03. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $1.86. Therefore, Barrett Business Services's P/E ratio for today is 19.37. PE RATIO(19.37) = STOCK PRICE($36.03) / TTM EPS($1.86)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.