The PE ratio for Patrick Industries stock stands at 11.55 as of Nov 29, 2023. The calculation is based on the latest EPS of $7.1 and the stock price of $81.98 per share. An increase of 49% has been observed in the PE ratio compared to its average of 7.7 of the last four quarters.
Over the last ten years, the average PE ratio of Patrick Industries has been 13.15. The current 11.55 P/E ratio is 12% lower than the historical average. Looking back at the last ten years, PATK's PE ratio peaked in the Dec 2016 quarter at 20.59, with a price of $50.87 and an EPS of $2.47. The Sep 2022 quarter marked the lowest point at 2.8, with a price of $43.6 and an EPS of $15.59.
Maximum annual increase: 127.82% in 2019
Maximum annual decrease: -69.78% in 2018
Year | PE ratio | Change |
---|---|---|
2022 | 4.09 | -50% |
2021 | 8.18 | -48.91% |
2020 | 16.01 | 18.5% |
2019 | 13.51 | 127.82% |
2018 | 5.93 | -69.78% |
2017 | 19.62 | -4.71% |
2016 | 20.59 | 30.65% |
2015 | 15.76 | 3.21% |
2014 | 15.27 | 17.55% |
2013 | 12.99 | 121.67% |
The current PE ratio of PATK is higher than the 3 and 5-year averages, but it is lower than its 10-year average.
In comparison to its peers MAS and THO, PATK's PE ratio is lower, but it is higher than WGO's and AMWD's. Patrick Industries's PE ratio is trading below the peer average of 12.64.
Stock name | PE ratio | Market cap |
---|---|---|
WGO Winnebago Industries Inc | 9.23 | $1.97B |
AMWD American Woodmark Corp | 10.7 | $1.18B |
PATK Patrick Industries Inc | 11.55 | $1.81B |
THO Thor Industries Inc | 14.29 | $5.33B |
MAS Masco Corp | 16.32 | $13.55B |
As of Nov 29, 2023, PATK stock has a price to earnings ratio of 11.55.
As an average over the last 3 years, PATK stock has a PE ratio of 8.36.
As an average over the last 5 years, PATK stock has a PE ratio of 9.69.
Over the last ten years, the quarterly PE ratio reached its highest level at 20.59 in the Dec 2016 quarter.
PATK's current price to earnings ratio is 12% below 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 (Nov 29, 2023), Patrick Industries's share price is $81.98. The company's earnings per share for the trailing twelve months (TTM) ending Oct 2023 is $7.1. Therefore, Patrick Industries's PE ratio for today is 11.55. PE RATIO(11.55) = STOCK PRICE($81.98) / TTM EPS($7.1)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.