The price-to-earnings ratio for Nordson stock stands at 29.04 as of Jul 26, 2024. This results from the current EPS of $8.47 and stock price of $245.95. An increase of 2.5% has been recorded in the PE ratio compared to the average of 28.3 of the last four quarters.
Over the last ten years, the average PE ratio of Nordson has been 25.82. The current 29.04 P/E ratio is 12% higher than the historical average. In the past ten years, NDSN's PE ratio peaked in the Oct 2020 quarter at 44.78, with a price of $193.43 and an EPS of $4.32. The Jan 2016 quarter marked the lowest point at 17.17, with a price of $60.43 and an EPS of $3.52.
Maximum annual increase: 67.65% in 2020
Maximum annual decrease: -27.4% in 2021
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 24.89 | -1.54% |
| 2022 | 25.28 | -22.24% |
| 2021 | 32.51 | -27.4% |
| 2020 | 44.78 | 67.65% |
| 2019 | 26.71 | 41.77% |
| 2018 | 18.84 | -23.57% |
| 2017 | 24.65 | 17.16% |
| 2016 | 21.04 | 2.78% |
| 2015 | 20.47 | 3.75% |
| 2014 | 19.73 | -5.6% |
The current PE ratio of NDSN is higher than its 3 and 10-year historical averages, but it is lower than the 5-year average.
NDSN's PE ratio stands lower than its peer stock ASTE, but it is higher than ITW's and DOV's. Nordson is presently trading at a higher PE ratio (29.04) than its peer group average of 25.57.
| Stock name | PE ratio | Market cap |
|---|---|---|
| DOV DOVER Corp | 17.17 | $25.46B |
| ITW Illinois Tool Works Inc | 24.34 | $73.85B |
| GGG Graco Inc | 28.42 | $14.26B |
| NDSN Nordson Corp | 29.04 | $14.09B |
| ASTE Astec Industries Inc | 32.33 | $802.25M |
| PLL Piedmont Lithium Inc | N/A | $206.67M |
The price to earnings ratio for NDSN stock as of Jul 26, 2024, stands at 29.04.
Over the last 3 years, the average price to earnings ratio for NDSN stock is 28.36.
Over the last 5 years, the average price to earnings ratio for NDSN stock is 30.19.
The highest quarterly PE ratio in the last ten years has been 44.78 and it was in the Oct 2020 quarter.
NDSN's price to earnings ratio is currently 12% above its 10-year historical average.
The P/E ratio is calculated by taking the latest stock price and dividing it by the EPS for the last 12 months. As of today (Jul 26, 2024), Nordson's stock price is $245.95. The earnings per share for the trailing twelve months (TTM) ending Apr 2024 is $8.47. Therefore, Nordson's PE ratio for today is 29.04. PE RATIO(29.04) = STOCK PRICE($245.95) / TTM EPS($8.47)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.