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CAR Avis Budget Group PE ratio, current and historical analysis

The PE ratio for Avis Budget Group stock stands at 2.47 as of Feb 23, 2024. This is calculated based on the current EPS of $42.57 and the stock price of $105.04 per share. A decrease of 37% has been seen in the P/E ratio compared to the average of 3.9 of the last 4 quarters.

CAR PE ratio history

How has CAR's PE ratio performed in the past

Over the last ten years, the average PE ratio of Avis Budget Group has been 16.48. The current 2.47 PE ratio is 85% below the historical average. Over the past ten years, CAR's PE ratio was at its highest in the Mar 2014 quarter at 81.17, with a price of $48.7 and an EPS of $0.6. The Sep 2022 quarter recorded the bottom point at 2.72, with a price of $148.46 and an EPS of $54.57.

Average
16.48
Median
11.42
Minimum
2.72
Maximum
81.17

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

What is the average PE ratio of CAR for the past years

Currently, CAR's PE ratio is below the 3, 5 and 10-year averages.

3-year avg
7.51
5-year avg
8.67
10-year avg
16.48
15-year avg
22.24

CAR PE vs peers

What is CAR's PE ratio compared to its 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 2.47 $3.73B
PAG Penske Automotive Group Inc 9.74 $10.11B
F Ford Motor Co 11.14 $48.58B
UHAL Amerco 15.63 $12.72B

Frequently asked questions

What is Avis Budget Group's PE ratio?

CAR stock has a price to earnings ratio of 2.47 as of Feb 23, 2024.

What is the 3-year average PE ratio for Avis Budget Group (CAR)?

The 3-year average PE ratio for CAR stock is 7.51.

What is the 5-year average PE ratio for Avis Budget Group (CAR)?

The 5-year average PE ratio for CAR stock is 8.67.

What is the highest PE ratio for CAR?

Over the last ten years, the quarterly PE ratio reached a historic high of 81.17 in the Mar 2014 quarter.

How does the current PE ratio for CAR compare to its historical average?

The current price to earnings ratio of CAR is 85% 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 2.47 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 (Feb 23, 2024), Avis Budget Group's stock price is $105.04. The earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $42.57. Therefore, Avis Budget Group's P/E ratio for today is 2.47. PE RATIO(2.47) = STOCK PRICE($105.04) / TTM EPS($42.57)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.