The PE ratio for Avis Budget Group stock stands at 3.14 as of Jul 25, 2024. This is calculated based on the current EPS of $32.34 and the stock price of $101.59 per share. A decrease of 22% has been seen in the P/E ratio compared to the average of 4.0 of the last 4 quarters.
Over the last ten years, the average PE ratio of Avis Budget Group has been 13.2. The current 3.14 PE ratio is 76% below the historical average. Over the past ten years, CAR's PE ratio was at its highest in the Jun 2017 quarter at 33.26, with a price of $27.27 and an EPS of $0.82. The Sep 2022 quarter recorded the bottom point at 2.72, with a price of $148.46 and an EPS of $54.57.
Maximum annual increase: 71.46% in 2016
Maximum annual decrease: -89.39% in 2014
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 4.16 | 48.04% |
| 2022 | 2.81 | -73.19% |
| 2021 | 10.48 | N/A |
| 2020 | N/A | N/A |
| 2019 | 8.04 | -25.62% |
| 2018 | 10.81 | 6.4% |
| 2017 | 10.16 | -50.7% |
| 2016 | 20.61 | 71.46% |
| 2015 | 12.02 | -57.96% |
| 2014 | 28.59 | -89.39% |
Currently, CAR's PE ratio is below the 3, 5 and 10-year averages.
Compared to its peer stocks F and UHAL, CAR's PE ratio stands lower.
| Stock name | PE ratio | Market cap |
|---|---|---|
| CAR Avis Budget Group Inc | 3.24 | $3.73B |
| PAG Penske Automotive Group Inc | 11.15 | $10.74B |
| F Ford Motor Co | 11.66 | $44.48B |
| UHAL Amerco | 21.66 | $12.91B |
CAR stock has a price to earnings ratio of 3.14 as of Jul 25, 2024.
The 3-year average PE ratio for CAR stock is 5.12.
The 5-year average PE ratio for CAR stock is 7.41.
Over the last ten years, the quarterly PE ratio reached a historic high of 33.26 in the Jun 2017 quarter.
The current price to earnings ratio of CAR is 76% lower than the 10-year historical average.
CAR's stock price is trading at a lower multiple of earnings, which is why its PE ratio of 3.14 is considered low.
To determine the PE ratio, divide the most recent stock price by the TTM earnings per share (EPS). As of today (Jul 25, 2024), Avis Budget Group's stock price is $101.59. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $32.34. Therefore, Avis Budget Group's P/E ratio for today is 3.14. PE RATIO(3.14) = STOCK PRICE($101.59) / TTM EPS($32.34)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.