As at May 8, 2024, the LOPE stock has a price-to-earnings ratio of 20.48. This is based on the current EPS of $7.18 and the stock price of $147.08 per share. An increase of 12% has been recorded in the PE ratio compared to the average of 18.3 of the past four quarters.
The mean historical PE ratio of Grand Canyon Education over the last ten years is 18.05. The current 20.48 price-to-earnings ratio is 13% more than the historical average. In the past ten years, LOPE's PE ratio reached its highest point in the Sep 2018 quarter at 24.15, with a price of $112.8 and an EPS of $4.67. The Jun 2016 quarter saw the lowest point at 12.84, with a price of $39.92 and an EPS of $3.11.
Maximum annual increase: 29.37% in 2016
Maximum annual decrease: -26.31% in 2015
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 19.33 | 5.17% |
| 2022 | 18.38 | 27.37% |
| 2021 | 14.43 | -14.92% |
| 2020 | 16.96 | -4.02% |
| 2019 | 17.67 | -11.61% |
| 2018 | 19.99 | -3.76% |
| 2017 | 20.77 | 14.44% |
| 2016 | 18.15 | 29.37% |
| 2015 | 14.03 | -26.31% |
| 2014 | 19.04 | -13.53% |
Currently, LOPE's PE ratio is above the 3, 5 and 10-year averages.
LOPE's PE ratio is less than its peer stocks ESI and DV, but it is above LINC's. Grand Canyon Education is presently trading at a lower PE ratio (20.48) than its peer group average of 33.49.
| Stock name | PE ratio | Market cap |
|---|---|---|
| LINC Lincoln Educational Services Corp | 14.76 | $394.62M |
| LOPE Grand Canyon Education Inc | 20.48 | $4.37B |
| STRA Strategic Education Inc | 28.2 | $3.01B |
| ESI Element Solutions Inc | 44.06 | $5.76B |
| DV DoubleVerify Holdings Inc | 46.95 | $3.23B |
| CECO Ceco Environmental Corp. | 67.89 | $853.82M |
| APEI American Public Education Inc | N/A | $314.07M |
As of May 8, 2024, LOPE stock has a price to earnings ratio of 20.48.
The 3-year average PE ratio for LOPE stock is 17.02.
The 5-year average PE ratio for LOPE stock is 17.31.
Over the last ten years, the quarterly PE ratio reached a historic high of 24.15 in the Sep 2018 quarter.
LOPE's current price to earnings ratio is 13% above its 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 8, 2024), Grand Canyon Education's stock price is $147.08. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $7.18. Therefore, Grand Canyon Education's price to earnings ratio for today is 20.48. PE RATIO(20.48) = STOCK PRICE($147.08) / TTM EPS($7.18)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.