CAR Avis Budget Group PE ratio, current and historical analysis
The PE ratio for Avis Budget Group stock stands at 8.97 as of Nov 21, 2024. This is calculated based on the current EPS of $11.33 and the stock price of $101.64 per share. An increase of 75% has been seen in the P/E ratio compared to the average of 5.1 of the last 4 quarters.
CAR PE ratio history
Over the last ten years, the average PE ratio of Avis Budget Group has been 12.36. The current 8.97 PE ratio is 27% 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.
Avis Budget Group PE ratio by year
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% |
CAR average PE ratio chart
Currently, CAR's PE ratio is greater than its 3 and 5-year historical averages, but it is below the 10-year average.
CAR PE vs peers
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 | 8.97 | $3.57B |
| PAG Penske Automotive Group Inc | 12.44 | $10.86B |
| F Ford Motor Co | 12.58 | $44B |
| UHAL Amerco | 30.8 | $13.71B |
Frequently asked questions
What is Avis Budget Group's PE ratio?
CAR stock has a price to earnings ratio of 8.97 as of Nov 21, 2024.
What is the 3-year average PE ratio for Avis Budget Group (CAR)?
The 3-year average PE ratio for CAR stock is 4.97.
What is the 5-year average PE ratio for Avis Budget Group (CAR)?
The 5-year average PE ratio for CAR stock is 6.97.
What is the highest PE ratio for CAR?
Over the last ten years, the quarterly PE ratio reached a historic high of 33.26 in the Jun 2017 quarter.
How does the current PE ratio for CAR compare to its historical average?
The current price to earnings ratio of CAR is 27% lower than the 10-year historical average.
Why is Avis Budget Group's PE ratio so low?
CAR's stock price is trading at a lower multiple of earnings, which is why its PE ratio of 8.97 is considered low.
How is CAR's PE ratio calculated (Avis Budget Group PE ratio formula)?
To determine the PE ratio, divide the most recent stock price by the TTM earnings per share (EPS). As of today (Nov 21, 2024), Avis Budget Group's stock price is $101.64. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $11.33. Therefore, Avis Budget Group's P/E ratio for today is 8.97. PE RATIO(8.97) = STOCK PRICE($101.64) / TTM EPS($11.33)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.