FRD
Friedman Industries
PE ratio, current and historical analysis
- Stocks
- Basic Materials
- NASDAQ: FRD
- PE Ratio
As at Aug 3, 2026, the FRD stock has a PE ratio of 12.34. This is based on the current EPS of $2.76 and the stock price of $34.06 per share. An increase of 15% has been seen in the P/E ratio compared to the average of 10.7 of the last 4 quarters.
FRD PE ratio history
The mean historical PE ratio of Friedman Industries over the last nine years is 22.07. The current 12.34 PE ratio is 44% below the historical average. Over the past nine years, FRD's PE ratio was at its highest in the Sep 2017 quarter at 307.5, with a price of $6.15 and an EPS of $0.02. The Dec 2021 quarter recorded the bottom point at 2.04, with a price of $9.38 and an EPS of $4.59.
Friedman Industries PE ratio by year
Maximum annual increase: 206.44% in 2015
Maximum annual decrease: -62.48% in 2026
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2026 | 6.42 | -62.48% | $17.72 | $2.76 |
| 2025 | 17.11 | 118.24% | $14.89 | $0.87 |
| 2024 | 7.84 | 101.03% | $18.74 | $2.39 |
| 2023 | 3.9 | -9.72% | $11.34 | $2.91 |
| 2022 | 4.32 | -12.9% | $8.81 | $2.04 |
| 2021 | 4.96 | N/A | $8.09 | $1.63 |
| 2020 | N/A | N/A | $4.41 | -$0.75 |
| 2019 | 10.51 | 0.29% | $7.67 | $0.73 |
| 2018 | 10.48 | N/A | $5.87 | $0.56 |
| 2017 | N/A | N/A | $6.45 | -$0.39 |
| 2016 | 135.5 | 31.13% | $5.42 | $0.04 |
| 2015 | 103.33 | 206.44% | $6.2 | $0.06 |
| 2014 | 33.72 | 204.88% | $8.43 | $0.25 |
| 2013 | 11.06 | 21.14% | $9.95 | $0.9 |
| 2012 | 9.13 | 7.54% | $10.95 | $1.2 |
Friedman Industries PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Mar 2026 | 6.42 | -30.44% | $17.72 | $2.76 |
| Dec 2025 | 9.23 | -31.73% | $20.49 | $2.22 |
| Sep 2025 | 13.52 | -2.03% | $21.9 | $1.62 |
| Jun 2025 | 13.8 | -19.35% | $16.56 | $1.2 |
| Mar 2025 | 17.11 | -10.47% | $14.89 | $0.87 |
| Dec 2024 | 19.11 | 34.77% | $15.29 | $0.8 |
| Sep 2024 | 14.18 | 60.59% | $16.02 | $1.13 |
| Jun 2024 | 8.83 | 12.63% | $15.1 | $1.71 |
| Mar 2024 | 7.84 | 28.31% | $18.74 | $2.39 |
| Dec 2023 | 6.11 | 16.83% | $15.46 | $2.53 |
| Sep 2023 | 5.23 | 0.38% | $13.4 | $2.56 |
| Jun 2023 | 5.21 | 33.59% | $12.6 | $2.42 |
| Mar 2023 | 3.9 | -60.16% | $11.34 | $2.91 |
| Dec 2022 | 9.79 | -50.43% | $9.79 | $1 |
| Sep 2022 | 19.75 | 368.01% | $7.11 | $0.36 |
FRD Price vs fair value
FRD average PE ratio chart
What this chart measures
The Historical Valuation Regime chart shows where the stock's current valuation sits relative to its own historical valuation range over the selected lookback period.
This is a history-relative tool, not a market-relative percentile. It does not compare the stock to other companies. Instead, it compares each historical valuation reading to the stock's own past readings.
Percentile logic
The threshold lines are calculated them from the stock's real historical values using percentile interpolation. That is why some colored bands are narrow while others are wide: the band widths reflect how the stock actually traded through time.
Regime map
| Historical percentile | Regime | Chart meaning |
|---|---|---|
| 0-10 | Historically Low | Deep cheap zone |
| >10-25 | Below Average | Cheap relative to history |
| >25-75 | Average | Within the normal historical range |
| >75-90 | Above Average | Expensive relative to history |
| >90-100 | Historically High | Extreme or stretched valuation |
How to read each part
| Chart element | What it tells you |
|---|---|
| Main line | The actual historical valuation values over time for the selected metric. |
| Dashed horizontal lines | The stock's computed P10, P25, Median, P75, and P90 thresholds for the selected period. |
| Colored bands | The historical valuation zones between those thresholds. |
| Metric boxes | Current ratio, historical median, current percentile, and current regime. |
| Timeline strip | A condensed regime history showing how the stock moved between cheap, fair, and expensive states across each observation. |
Important metric definitions
Current Percentile is the percentile rank of the latest valid historical observation within the selected lookback range.
Current Regime is assigned directly from the latest observation's percentile bucket using the fixed 10 / 25 / 75 / 90 cutoffs shown above.
How to use it well
This chart is most useful for answering a narrow question: Is this stock trading high, low, or normal relative to its own history? It works best alongside growth, profitability, and forward-looking business analysis, because a stock can deserve a higher or lower regime if its business quality has changed.
FRD's current P/E ratio is above the 3 and 5-year historical averages, but it is below the 10-year average.
PE comparison
With a P/E of 12.34, FRD is below the Basic Materials sector, the industry and its peers average. Compared to its Basic Materials sector average of 22.32, Friedman Industries's P/E is 45% lower.
FRD PE vs peers
FRD's PE ratio is lower than its peer stocks NUE and ATI. Friedman Industries is presently trading at a lower PE ratio (12.34) than its peer group average of 32.47.
| Stock name | PE ratio | Market cap |
|---|---|---|
| FRD Friedman Industries Inc | 12.54 | $245.92M |
| WOR Worthington Industries Inc | 18 | $2.8B |
| RS Reliance Steel & Aluminum Co | 23.78 | $21.03B |
| NUE Nucor Corp | 26.34 | $60.59B |
| ATI ATI Inc | 64.12 | $27.04B |
Frequently asked questions
What is Friedman Industries's PE ratio?
The price to earnings ratio for FRD stock as of Aug 3, 2026, stands at 12.34.
What is the 3-year average PE ratio for Friedman Industries (FRD)?
As an average over the last 3 years, FRD stock has a PE ratio of 11.03.
What is the 5-year average PE ratio for Friedman Industries (FRD)?
As an average over the last 5 years, FRD stock has a PE ratio of 9.1.
What is the highest PE ratio for FRD?
In the last nine years, the Sep 2017 quarter recorded the highest quarterly PE ratio at 307.5.
How does the current PE ratio for FRD compare to its historical average?
FRD's current price to earnings ratio is 44% below its 9-year historical average.
How is FRD's PE ratio calculated (Friedman Industries 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 (Aug 3, 2026), Friedman Industries's stock price is $34.06. The earnings per share for the trailing twelve months (TTM) ending Mar 2026 is $2.76. Therefore, Friedman Industries's P/E ratio for today is 12.34. PE RATIO(12.34) = STOCK PRICE($34.06) / TTM EPS($2.76)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.