The PE ratio for Patrick Industries stock stands at 15.89 as of Apr 26, 2024. The calculation is based on the latest EPS of $6.64 and the stock price of $105.49 per share. An increase of 52% has been observed in the PE ratio compared to its average of 10.5 of the last four quarters.
Over the last ten years, the average PE ratio of Patrick Industries has been 13.07. The current 15.89 P/E ratio is 22% higher 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: 269.44% in 2023
Maximum annual decrease: -69.78% in 2018
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 15.11 | 269.44% |
| 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% |
The current PE ratio of PATK is higher than the 3, 5 and 10-year averages.
In comparison to its peers MAS and THO, PATK's PE ratio is lower, but it is higher than AMWD's. Patrick Industries's PE ratio is trading below the peer average of 16.47.
| Stock name | PE ratio | Market cap |
|---|---|---|
| AMWD American Woodmark Corp | 12.73 | $1.47B |
| PATK Patrick Industries Inc | 15.89 | $2.36B |
| WGO Winnebago Industries Inc | 16.38 | $1.85B |
| MAS Masco Corp | 17.08 | $15.38B |
| THO Thor Industries Inc | 19.68 | $5.36B |
As of Apr 26, 2024, PATK stock has a price to earnings ratio of 15.89.
As an average over the last 3 years, PATK stock has a PE ratio of 7.61.
As an average over the last 5 years, PATK stock has a PE ratio of 10.17.
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 22% 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 (Apr 26, 2024), Patrick Industries's share price is $105.49. The company's earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $6.64. Therefore, Patrick Industries's PE ratio for today is 15.89. PE RATIO(15.89) = STOCK PRICE($105.49) / TTM EPS($6.64)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.