The current P/E ratio for Fastenal stock as of May 2, 2024 is 33.71. This is calculated based on the TTM EPS of $2.02 and the stock price of $68.09 per share. The PE ratio has increased by 6% from its last 4 quarters average of 31.9.
The average historical PE ratio of Fastenal for the last ten years is 27.47. The current price-to-earnings ratio of 33.71 is 23% more than the historical average. Analyzing the last ten years, FAST's PE ratio reached its highest point in the Dec 2021 quarter at 39.79, when the price was $64.06 and the EPS was $1.61. The lowest point was recorded in the Dec 2018 quarter, when it reached 19.96 with a price of $26.15 and an EPS of $1.31.
Maximum annual increase: 34.17% in 2019
Maximum annual decrease: -37.07% in 2022
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 32.06 | 28.04% |
| 2022 | 25.04 | -37.07% |
| 2021 | 39.79 | 22.24% |
| 2020 | 32.55 | 21.55% |
| 2019 | 26.78 | 34.17% |
| 2018 | 19.96 | -27.02% |
| 2017 | 27.35 | 1.3% |
| 2016 | 27 | 17.75% |
| 2015 | 22.93 | -19% |
| 2014 | 28.31 | -9.44% |
The current PE ratio of FAST is above its 3, 5 and 10-year averages.
When compared to its peer stocks GWW and WCC, FAST's PE ratio is higher.
| Stock name | PE ratio | Market cap |
|---|---|---|
| WCC Wesco International Inc | 11.91 | $8.41B |
| MSM Msc Industrial Direct Co Inc | 16.27 | $5.13B |
| GWW Ww Grainger Inc | 25.4 | $45.33B |
| FAST Fastenal Co | 33.71 | $38.98B |
The price to earnings ratio for FAST stock as of May 2, 2024, stands at 33.71.
As an average over the last 3 years, FAST stock has a PE ratio of 31.24.
As an average over the last 5 years, FAST stock has a PE ratio of 29.93.
The highest quarterly PE ratio in the last ten years has been 39.79 and it was in the Dec 2021 quarter.
The current PE ratio of FAST is 23% higher than the 10-year historical average.
The P/E ratio is calculated by taking the latest stock price and dividing it by the earnings per share(EPS) for the last 12 months. As of today (May 2, 2024), Fastenal's share price is $68.09. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $2.02. Therefore, Fastenal's price to earnings ratio for today is 33.71. PE RATIO(33.71) = STOCK PRICE($68.09) / TTM EPS($2.02)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.