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CVLG Covenant Logistics Group PE ratio, current and historical analysis

As at Jun 20, 2024, the CVLG stock has a PE ratio of 14.5. This is based on the current EPS of $3.28 and the stock price of $47.56 per share. An increase of 38% has been seen in the P/E ratio compared to the average of 10.5 of the last 4 quarters.

CVLG PE ratio history

How has CVLG's PE ratio performed in the past

The mean historical PE ratio of Covenant Logistics Group over the last ten years is 17.04. The current 14.5 PE ratio is 15% below 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.

Average
17.04
Median
11.12
Minimum
3.84
Maximum
86.7

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

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

The current PE ratio of CVLG is greater than its 3-year historical average, but it is below the 5 and 10-year averages.

3-year avg
11.4
5-year avg
16.95
10-year avg
17.04
15-year avg
20.37

CVLG PE vs peers

What is CVLG's PE ratio compared to its peers

Compared to its peer stocks SNDR and PTSI, CVLG's PE ratio stands lower.

Stock name PE ratio Market cap
CVLG Covenant Logistics Group Inc 14.41 $619.92M
SNDR Schneider National Inc 25.01 $4B
PTSI Pam Transportation Services Inc 25.93 $342.75M

Frequently asked questions

What is Covenant Logistics Group's PE ratio?

The price to earnings ratio for CVLG stock as of Jun 20, 2024, stands at 14.5.

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 11.4.

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 16.95.

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 15% below 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 (Jun 20, 2024), Covenant Logistics Group's stock price is $47.56. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $3.28. Therefore, Covenant Logistics Group's P/E ratio for today is 14.5. PE RATIO(14.5) = STOCK PRICE($47.56) / TTM EPS($3.28)

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