The P/E ratio for Preformed Line Products stock stands at 9.69 as of Apr 26, 2024. This results from the current EPS of $12.87 and stock price of $124.71. A decrease of 8% has been recorded in the PE ratio compared to the average of 10.6 of the past four quarters.
Over the last ten years, the average PE ratio of Preformed Line Products has been 15.55. The current 9.69 price-to-earnings ratio is 38% less than the historical average. In the past ten years, PLPC's PE ratio reached its highest point in the Dec 2015 quarter at 33.68, with a price of $42.1 and an EPS of $1.25. The Jun 2022 quarter saw the lowest point at 6.62, with a price of $61.5 and an EPS of $9.29.
Maximum annual increase: 47.33% in 2015
Maximum annual decrease: -64.15% in 2018
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 10.4 | 37.75% |
| 2022 | 7.55 | -15.07% |
| 2021 | 8.89 | -21.4% |
| 2020 | 11.31 | -13.2% |
| 2019 | 13.03 | 26.87% |
| 2018 | 10.27 | -64.15% |
| 2017 | 28.65 | 45.43% |
| 2016 | 19.7 | -41.51% |
| 2015 | 33.68 | 47.33% |
| 2014 | 22.86 | 20% |
Currently, PLPC's PE ratio is above its 3-year historical average, but it is lower than the 5 and 10-year averages.
When compared to its peer stocks APH and GLW, PLPC's PE ratio is lower. Preformed Line Products's PE ratio is trading below the peer group average of 32.95.
| Stock name | PE ratio | Market cap |
|---|---|---|
| PLPC Preformed Line Products Co | 9.69 | $611.57M |
| BDC Belden Inc | 14.5 | $3.43B |
| APH Amphenol Corp | 35.44 | $72.37B |
| CLFD Clearfield Inc | 36.43 | $433.99M |
| GLW Corning Inc | 45.41 | $26.74B |
| RFIL R F Industries Ltd | N/A | $30.96M |
| OCC Optical Cable Corp | N/A | $22.77M |
The price to earnings ratio for PLPC stock as of Apr 26, 2024, stands at 9.69.
As an average over the last 3 years, PLPC stock has a PE ratio of 9.33.
As an average over the last 5 years, PLPC stock has a PE ratio of 9.84.
The highest quarterly PE ratio in the last ten years has been 33.68 and it was in the Dec 2015 quarter.
PLPC's price to earnings ratio is currently 38% below its 10-year historical average.
PLPC's PE ratio is low because its earnings per share (EPS) is high relative to its stock price.
The P/E ratio is calculated by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Apr 26, 2024), Preformed Line Products's stock price is $124.71. The earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $12.87. Therefore, Preformed Line Products's price to earnings ratio for today is 9.69. PE RATIO(9.69) = STOCK PRICE($124.71) / TTM EPS($12.87)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.