As of Jul 26, 2024, the NICE stock has a PE ratio of 31.21. The calculation is based on the latest EPS of $5.8 and the stock price of $180.99 per share. A decrease of 21% has been observed in the PE ratio compared to its average of 39.6 of the last four quarters.
The mean historical PE ratio of NICE over the last ten years is 45.88. The current 31.21 P/E ratio is 32% lower than the historical average. Looking back at the last ten years, NICE's PE ratio peaked in the Dec 2021 quarter at 96.38, with a price of $303.6 and an EPS of $3.15. The Dec 2015 quarter marked the lowest point at 13.18, with a price of $57.32 and an EPS of $4.35.
Maximum annual increase: 166.16% in 2016
Maximum annual decrease: -54.72% in 2015
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 37.5 | -18.69% |
| 2022 | 46.12 | -52.15% |
| 2021 | 96.38 | 6.39% |
| 2020 | 90.59 | 74.58% |
| 2019 | 51.89 | 24.68% |
| 2018 | 41.62 | 7.32% |
| 2017 | 38.78 | 10.55% |
| 2016 | 35.08 | 166.16% |
| 2015 | 13.18 | -54.72% |
| 2014 | 29.11 | -34.61% |
The current PE ratio of NICE is lower than its 3, 5 and 10-year averages.
NICE's PE ratio stands lower than its peer stocks FICO and PEGA, but it is higher than IBM's. NICE's current PE ratio of 31.21 is lower than the average of its peers, which is 50.44.
| Stock name | PE ratio | Market cap |
|---|---|---|
| IBM International Business Machines Corp | 21.38 | $176.14B |
| NICE NICE Ltd | 31.21 | $11.45B |
| ACIW Aci Worldwide Inc | 31.84 | $4.53B |
| PEGA Pegasystems Inc | 42.6 | $5.71B |
| VRNT Verint Systems Inc | 73.44 | $2.18B |
| FICO Fair Isaac Corp | 82.95 | $39.68B |
| LPSN Liveperson Inc | N/A | $130.26M |
NICE's price to earnings ratio is 31.21 as of Jul 26, 2024.
The average PE ratio for NICE stock over the past 3 years is 55.57.
The average PE ratio for NICE stock over the past 5 years is 59.01.
Over the last ten years, the Dec 2021 quarter recorded the highest quarterly PE ratio at 96.38.
NICE's current price to earnings ratio is 32% below its 10-year historical average.
The P/E ratio is obtained by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Jul 26, 2024), NICE's share price is $180.99. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $5.8. Therefore, NICE's PE ratio for today is 31.21. PE RATIO(31.21) = STOCK PRICE($180.99) / TTM EPS($5.8)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.