The current PE ratio for Cintas stock as of Jul 25, 2024 is 49.02. This is calculated based on the TTM EPS of $15.4 and the stock price of $754.84 per share. The PE ratio has an increase of 20% from its last 4 quarters average of 40.9.
The average historical PE ratio of Cintas for the last ten years is 29.03. The current price-to-earnings ratio of 49.02 is 69% more than the historical average. Analyzing the last ten years, CTAS's PE ratio reached its highest point in the May 2024 quarter at 44.02, when the price was $677.97 and the EPS was $15.4. The lowest point was recorded in the Feb 2016 quarter, when it reached 14.05 with a price of $83.99 and an EPS of $5.98.
Maximum annual increase: 86.31% in 2017
Maximum annual decrease: -35.66% in 2016
| Year | PE ratio | Change |
|---|---|---|
| 2024 | 44.02 | 23.17% |
| 2023 | 35.74 | 6.94% |
| 2022 | 33.42 | -0.57% |
| 2021 | 33.61 | 13.32% |
| 2020 | 29.66 | 10.3% |
| 2019 | 26.89 | 14.77% |
| 2018 | 23.43 | -16.44% |
| 2017 | 28.04 | 86.31% |
| 2016 | 15.05 | -35.66% |
| 2015 | 23.39 | 15.96% |
The current PE ratio of CTAS is above its 3, 5 and 10-year averages.
CTAS's PE ratio is above its peer stocks ARMK and GNTX. Cintas is currently trading at a higher PE ratio (49.02) than its peers average of 18.19.
| Stock name | PE ratio | Market cap |
|---|---|---|
| ARMK Aramark | 14.02 | $8.85B |
| ABM Abm Industries Inc | 14.34 | $3.46B |
| GNTX Gentex Corp | 16.43 | $7.22B |
| HCSG Healthcare Services Group Inc | 19.93 | $836.62M |
| UNF Unifirst Corp | 26.75 | $3.56B |
| CTAS Cintas Corp | 49.45 | $76.74B |
The price to earnings ratio for CTAS stock as of Jul 25, 2024, stands at 49.02.
Over the last 3 years, the average PE ratio for CTAS stock is 37.06.
Over the last 5 years, the average PE ratio for CTAS stock is 35.4.
The current PE of 49.02 represents the highest historical value in the last ten years.
The current PE ratio of CTAS is 69% higher than the 10-year historical average.
The P/E ratio is calculated by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Jul 25, 2024), Cintas's share price is $754.84. The company's earnings per share for the trailing twelve months (TTM) ending May 2024 is $15.4. Therefore, Cintas's price to earnings ratio for today is 49.02. PE RATIO(49.02) = STOCK PRICE($754.84) / TTM EPS($15.4)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.