The price-to-earnings ratio for Nordson stock stands at 30.45 as of May 2, 2024. This results from the current EPS of $8.63 and stock price of $262.8. An increase of 14% has been recorded in the PE ratio compared to the average of 26.7 of the last four quarters.
Over the last ten years, the average PE ratio of Nordson has been 25.7. The current 30.45 P/E ratio is 18% 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, 5 and 10-year historical averages.
NDSN's PE ratio stands higher than its peer stocks ITW and DOV. Nordson is presently trading at a higher PE ratio (30.45) than its peer group average of 22.86.
| Stock name | PE ratio | Market cap |
|---|---|---|
| DOV DOVER Corp | 16.96 | $24.4B |
| ITW Illinois Tool Works Inc | 24.77 | $72.32B |
| GGG Graco Inc | 27.15 | $13.68B |
| ASTE Astec Industries Inc | 30.42 | $754.9M |
| NDSN Nordson Corp | 30.45 | $15.03B |
| PLL Piedmont Lithium Inc | N/A | $252.47M |
The price to earnings ratio for NDSN stock as of May 2, 2024, stands at 30.45.
Over the last 3 years, the average price to earnings ratio for NDSN stock is 28.17.
Over the last 5 years, the average price to earnings ratio for NDSN stock is 30.17.
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 18% 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 (May 2, 2024), Nordson's stock price is $262.8. The earnings per share for the trailing twelve months (TTM) ending Jan 2024 is $8.63. Therefore, Nordson's PE ratio for today is 30.45. PE RATIO(30.45) = STOCK PRICE($262.8) / TTM EPS($8.63)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.