As of Apr 26, 2024, the EQIX stock has a PE ratio of 70.69. The calculation is based on the latest EPS of $10.35 and the stock price of $731.61 per share. A decrease of 14% has been observed in the PE ratio compared to its average of 82.0 of the past four quarters.
The mean historical PE ratio of Equinix over the last ten years is 134.72. The current 70.69 price-to-earnings ratio is 48% less than the historical average. Analyzing the last ten years, EQIX's PE ratio reached its highest point in the Jun 2016 quarter at 372.82, with a price of $387.73 and an EPS of $1.04. The Jun 2014 quarter saw the lowest point at 74.24, with a price of $210.09 and an EPS of $2.83.
Maximum annual increase: 112.21% in 2016
Maximum annual decrease: -48.54% in 2018
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 77.82 | -8.64% |
| 2022 | 85.18 | -43.91% |
| 2021 | 151.86 | -10.27% |
| 2020 | 169.24 | 74.83% |
| 2019 | 96.8 | 25.75% |
| 2018 | 76.98 | -48.54% |
| 2017 | 149.58 | -24.25% |
| 2016 | 197.46 | 112.21% |
| 2015 | 93.05 | N/A |
| 2014 | N/A | N/A |
EQIX's current PE ratio is under its 3, 5 and 10-year averages.
EQIX's PE ratio is above its peer stocks VZ and T.
| Stock name | PE ratio | Market cap |
|---|---|---|
| T At&T Inc | 8.5 | $119.81B |
| VZ Verizon Communications Inc | 14.81 | $167.02B |
| AKAM Akamai Technologies Inc | 28.32 | $15.41B |
| EQIX Equinix Inc | 70.69 | $69.23B |
EQIX's price to earnings ratio is 70.69 as of Apr 26, 2024.
As an average over the last 3 years, EQIX stock has a PE ratio of 113.1.
As an average over the last 5 years, EQIX stock has a PE ratio of 116.43.
Over the last ten years, the Jun 2016 quarter recorded the highest quarterly PE ratio at 372.82.
EQIX's current price to earnings ratio is 48% below its 10-year historical average.
EQIX's PE ratio is high because the stock price is relatively expensive compared to the earnings generated by the company.
You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months earnings per share(EPS). As of today (Apr 26, 2024), Equinix's share price is $731.61. The company's earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $10.35. Therefore, Equinix's price to earnings ratio for today is 70.69. PE RATIO(70.69) = STOCK PRICE($731.61) / TTM EPS($10.35)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.