The current PE ratio for Concentrix stock as of May 9, 2024 is 12.58. This is calculated based on the current EPS of $4.79 and the stock price of $60.24 per share. The PE ratio has decreased by 9% from the past four quarters average of 13.9.
The average historical PE ratio of Concentrix for the last four years is 19.74. The current P/E ratio of 12.58 is 36% 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 | 4.95 | $2.9B |
| NRP Natural Resource Partners Lp | 5.85 | $1.16B |
| CNXC Concentrix Corp | 12.58 | $3.98B |
| CRC California Resources Corp | 13.75 | $3.44B |
The price to earnings ratio for CNXC stock as of May 9, 2024, stands at 12.58.
The 3-year average price to earnings ratio for CNXC stock is 18.3.
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 36% 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 (May 9, 2024), Concentrix's stock price is $60.24. The earnings per share for the trailing twelve months (TTM) ending Feb 2024 is $4.79. Therefore, Concentrix's PE ratio for today is 12.58. PE RATIO(12.58) = STOCK PRICE($60.24) / TTM EPS($4.79)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.