CVLG Covenant Logistics Group PE ratio, current and historical analysis
As at Dec 24, 2024, the CVLG stock has a PE ratio of 16.95. This is based on the current EPS of $3.21 and the stock price of $54.4 per share. An increase of 20% has been seen in the P/E ratio compared to the average of 14.1 of the last 4 quarters.
CVLG PE ratio history
The mean historical PE ratio of Covenant Logistics Group over the last ten years is 16.19. The current 16.95 PE ratio is 4.7% above the historical average. Over the past ten years, CVLG's PE ratio was at its highest in the Mar 2020 quarter at 86.7, with a price of $8.67 and an EPS of $0.1. The Sep 2022 quarter recorded the bottom point at 3.84, with a price of $28.7 and an EPS of $7.48.
Covenant Logistics Group PE ratio by year
Maximum annual increase: 239.37% in 2019
Maximum annual decrease: -64.87% in 2015
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 10.88 | 128.09% |
| 2022 | 4.77 | -34.84% |
| 2021 | 7.32 | N/A |
| 2020 | N/A | N/A |
| 2019 | 28.1 | 239.37% |
| 2018 | 8.28 | -12.66% |
| 2017 | 9.48 | -54.42% |
| 2016 | 20.8 | 155.53% |
| 2015 | 8.14 | -64.87% |
| 2014 | 23.17 | -1.24% |
CVLG average PE ratio chart
The current PE ratio of CVLG is greater than its 3 and 10-year historical averages, but it is below the 5-year average.
CVLG PE vs peers
Compared to its peer stock SNDR, CVLG's PE ratio stands lower.
| Stock name | PE ratio | Market cap |
|---|---|---|
| CVLG Covenant Logistics Group Inc | 16.95 | $716.97M |
| SNDR Schneider National Inc | 45.88 | $5.14B |
| PAMT PAMT Corp. | N/A | $373.13M |
Frequently asked questions
What is Covenant Logistics Group's PE ratio?
The price to earnings ratio for CVLG stock as of Dec 24, 2024, stands at 16.95.
What is the 3-year average PE ratio for Covenant Logistics Group (CVLG)?
The average PE ratio for CVLG stock over the past 3 years is 8.7.
What is the 5-year average PE ratio for Covenant Logistics Group (CVLG)?
The average PE ratio for CVLG stock over the past 5 years is 17.7.
What is the highest PE ratio for CVLG?
In the last ten years, the Mar 2020 quarter recorded the highest quarterly PE ratio at 86.7.
How does the current PE ratio for CVLG compare to its historical average?
CVLG's current price to earnings ratio is 4.7% above its 10-year historical average.
How is CVLG's PE ratio calculated (Covenant Logistics Group PE ratio formula)?
The PE ratio is calculated by taking the latest stock price and dividing it by the EPS for the last 12 months. As of today (Dec 24, 2024), Covenant Logistics Group's stock price is $54.4. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $3.21. Therefore, Covenant Logistics Group's P/E ratio for today is 16.95. PE RATIO(16.95) = STOCK PRICE($54.4) / TTM EPS($3.21)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.