The current PE ratio for Concentrix stock as of Jul 25, 2024 is 15.68. This is calculated based on the current EPS of $4.26 and the stock price of $66.79 per share. The PE ratio marks an increase of 8% from the past four quarters average of 14.5.
The average historical PE ratio of Concentrix for the last four years is 19.38. The current P/E ratio of 15.68 is 19% lower than the historical average. In the past four years, CNXC's PE ratio peaked in the Feb 2021 quarter at 31.67, when the stock price was $123.51 and the EPS was $3.9. The lowest point was in the Aug 2023 quarter, when it reached 11.88 with a price of $79.83 and an EPS of $6.72.
Maximum annual increase: 12% in 2023
Maximum annual decrease: -31.26% in 2022
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 16.43 | 12% |
| 2022 | 14.67 | -31.26% |
| 2021 | 21.34 | -14.91% |
| 2020 | 25.08 | N/A |
| 2019 | N/A | N/A |
| 2018 | N/A | N/A |
| 2017 | N/A | N/A |
The current PE ratio of CNXC is lower than the 3-year average.
In comparison to its peer stocks CRC and ARLP, CNXC's PE ratio is higher.
| Stock name | PE ratio | Market cap |
|---|---|---|
| ARLP Alliance Resource Partners Lp | 5.64 | $3.3B |
| NRP Natural Resource Partners Lp | 5.84 | $1.16B |
| CRC California Resources Corp | 14.01 | $3.5B |
| CNXC Concentrix Corp | 15.84 | $4.41B |
The price to earnings ratio for CNXC stock as of Jul 25, 2024, stands at 15.68.
The 3-year average price to earnings ratio for CNXC stock is 17.16.
The highest quarterly PE ratio in the last four years has been 31.67 and it was in the Feb 2021 quarter.
The current price to earnings ratio of CNXC is 19% lower than the 4-year historical average.
The P/E ratio is calculated by taking the latest stock price and dividing it by the EPS for the last 12 months. As of today (Jul 25, 2024), Concentrix's stock price is $66.79. The earnings per share for the trailing twelve months (TTM) ending May 2024 is $4.26. Therefore, Concentrix's PE ratio for today is 15.68. PE RATIO(15.68) = STOCK PRICE($66.79) / TTM EPS($4.26)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.