PATK Patrick Industries PE ratio, current and historical analysis
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- PE Ratio
The PE ratio for Patrick Industries stock stands at 23.0 as of Jul 11, 2025. The calculation is based on the latest EPS of $4.33 and the stock price of $99.58 per share. An increase of 24% has been observed in the PE ratio compared to its average of 18.5 of the last four quarters.
PATK PE ratio history
Over the last ten years, the average PE ratio of Patrick Industries has been 13.21. The current 23.0 P/E ratio is 74% higher than the historical average. Looking back at the last ten years, PATK's PE ratio peaked in the Dec 2016 quarter at 20.55, with a price of $33.91 and an EPS of $1.65. The Sep 2022 quarter marked the lowest point at 2.8, with a price of $29.07 and an EPS of $10.39.
Patrick Industries PE ratio history chart
Patrick Industries PE ratio by year
Maximum annual increase: 269.19% in 2023
Maximum annual decrease: -69.78% in 2018
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2024 | 19.55 | 29.47% | $83.08 | $4.25 |
| 2023 | 15.1 | 269.19% | $66.9 | $4.43 |
| 2022 | 4.09 | -50% | $40.4 | $9.88 |
| 2021 | 8.18 | -48.84% | $53.79 | $6.58 |
| 2020 | 15.99 | 18.44% | $45.57 | $2.85 |
| 2019 | 13.5 | 127.66% | $34.95 | $2.59 |
| 2018 | 5.93 | -69.78% | $19.74 | $3.33 |
| 2017 | 19.62 | -4.53% | $46.3 | $2.36 |
| 2016 | 20.55 | 30.73% | $33.91 | $1.65 |
| 2015 | 15.72 | 2.54% | $19.33 | $1.23 |
| 2014 | 15.33 | 18.01% | $13.03 | $0.85 |
| 2013 | 12.99 | 122.43% | $8.57 | $0.66 |
| 2012 | 5.84 | 25.05% | $4.61 | $0.79 |
| 2011 | 4.67 | -66.71% | $1.22 | $0.26 |
| 2010 | 14.03 | N/A | $0.56 | $0.04 |
Patrick Industries PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Mar 2025 | 19.38 | -0.87% | $83.9 | $4.33 |
| Dec 2024 | 19.55 | -1.76% | $83.08 | $4.25 |
| Sep 2024 | 19.9 | 30.32% | $94.72 | $4.76 |
| Jun 2024 | 15.27 | -12.19% | $72.37 | $4.74 |
| Mar 2024 | 17.39 | 15.17% | $79.65 | $4.58 |
| Dec 2023 | 15.1 | 42.72% | $66.9 | $4.43 |
| Oct 2023 | 10.58 | 4.75% | $50.04 | $4.73 |
| Jul 2023 | 10.1 | 64.23% | $53.33 | $5.28 |
| Apr 2023 | 6.15 | 50.37% | $45.87 | $7.46 |
| Dec 2022 | 4.09 | 46.07% | $40.4 | $9.88 |
| Sep 2022 | 2.8 | -18.37% | $29.07 | $10.39 |
| Jun 2022 | 3.43 | -29.71% | $35.29 | $10.3 |
| Mar 2022 | 4.88 | -40.34% | $41.61 | $8.52 |
| Dec 2021 | 8.18 | -10.5% | $53.79 | $6.58 |
| Sep 2021 | 9.14 | -1.61% | $53.91 | $5.9 |
PATK Price vs fair value
You can ether set your own Fair P/E multiple or use one of the automatically calculated Fair P/E multiples.
Fair P/E calculation
PE Ratio is an attempt to estimate a fair PE ratio of a stock based on its earnings and growth rate.
This formula is a modified version of the classic Graham-Dodd Formula (V= EPS x (8.5+2g)), originally developed by Benjamin Graham, to calculate the fair price of a stock based on its earnings and growth rate.
The formula we have created is an adaptation of this approach, designed to maintain a balance between simplicity and growth sensitivity.
It is calculated using the following formula:
IF g < 5: Fair PE = b
IF g >= 5: Fair PE = m × g
Here’s what each part of the formula means:
g: Growth is calculated as the average of the three-year average EPS growth rate and the one-year EPS growth rate (annually). This approach provides a balanced measure of growth by factoring in both the long-term growth trend and the most recent annual growth performance. If one of the growth metrics is not available, the remaining metric is used to determine growth. The fair P/E value is capped at 100 to prevent distortions caused by extreme EPS growth rates, such as those resulting from large percentage increases from a low base.
m: This is the long term historical median PEG (Price/Earnings to Growth) ratio of the overall market. It serves as a benchmark, adjusting the Fair PE based on typical market conditions.
b: Base PE (static value set to 8). If the company's growth rate is less than 5, the Fair PE is set at a conservative baseline of 8. This is because declining companies generally deserve a lower PE ratio.
Fixed vs Dynamic
Fixed: The Fair PE ratio for all data points is calculated using a single, constant average EPS growth rate, determined based on the most recent period. This means that the same growth rate is applied to all historical data points. Dynamic: The Fair PE ratio for each historical data point is calculated using the trailing average EPS growth rate specific to that point in time. This means that for each data point, the corresponding trailing EPS growth rate is used, ensuring that the Fair PE ratio reflects the growth conditions that were relevant at that specific point in history.
PATK average PE ratio chart
The current PE ratio of PATK is higher than the 3, 5 and 10-year averages.
PE vs average
PATK PE vs peers
In comparison to its peer stocks MAS and THO, PATK's PE ratio is higher.
| Stock name | PE ratio | Market cap |
|---|---|---|
| AMWD American Woodmark Corp | 8.67 | $823.79M |
| MAS Masco Corp | 17.94 | $13.89B |
| THO Thor Industries Inc | 22.25 | $4.96B |
| PATK Patrick Industries Inc | 23 | $3.33B |
| WGO Winnebago Industries Inc | N/A | $934.26M |
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Frequently asked questions
What is Patrick Industries's PE ratio?
As of Jul 11, 2025, PATK stock has a price to earnings ratio of 23.
What is the 3-year average PE ratio for Patrick Industries (PATK)?
As an average over the last 3 years, PATK stock has a PE ratio of 12.76.
What is the 5-year average PE ratio for Patrick Industries (PATK)?
As an average over the last 5 years, PATK stock has a PE ratio of 11.71.
What is the highest PE ratio for PATK?
Within the last ten years, the current PE ratio is at its peak with a value of 23.
How does the current PE ratio for PATK compare to its historical average?
PATK's current price to earnings ratio is 74% above its 10-year historical average.
How is PATK's PE ratio calculated (Patrick Industries PE ratio formula)?
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 11, 2025), Patrick Industries's share price is $99.58. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2025 is $4.33. Therefore, Patrick Industries's PE ratio for today is 23. PE RATIO(23) = STOCK PRICE($99.58) / TTM EPS($4.33)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.