The current PE ratio for First Advantage stock as of May 17, 2024 is 71.3. This is calculated based on the TTM EPS of $0.23 and the stock price of $16.4 per share. The PE ratio has grown by 26% from its last 4 quarters average of 56.7.
The average historical PE ratio of First Advantage for the last three years is 59.33. The current P/E ratio of 71.3 is 20% higher than the historical average. Looking back at the last three years, FA's PE ratio peaked in the Dec 2021 quarter at 173.09, when the price was $19.04 and the EPS was $0.11. The lowest point was in the Dec 2022 quarter, when it reached 30.23 with a price of $13 and an EPS of $0.43.
Maximum annual increase: 110.82% in 2023
Maximum annual decrease: -82.54% in 2022
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 63.73 | 110.82% |
| 2022 | 30.23 | -82.54% |
| 2021 | 173.09 | N/A |
| 2020 | N/A | N/A |
The price to earnings ratio for FA stock as of May 17, 2024, stands at 71.3.
Over the last three years, the Dec 2021 quarter recorded the highest quarterly PE ratio at 173.09.
The current PE ratio of FA is 20% higher than the 3-year historical average.
FA'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 EPS. As of today (May 17, 2024), First Advantage's share price is $16.4. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $0.23. Therefore, First Advantage's PE ratio for today is 71.3. PE RATIO(71.3) = STOCK PRICE($16.4) / TTM EPS($0.23)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.