As of May 6, 2024, the PLUS stock has a P/E ratio of 16.79. The calculation is based on the latest EPS of $4.75 and the stock price of $79.74 per share. An increase of 30% has been observed in the PE ratio compared to its average of 12.9 of the past four quarters.
The mean historical PE ratio of Eplus over the last ten years is 15.07. The current 16.79 price-to-earnings ratio is 11% more than the historical average. Analyzing the last ten years, PLUS's PE ratio reached its highest point in the Sep 2017 quarter at 23.71, with a price of $46.23 and an EPS of $1.95. The Sep 2014 quarter saw the lowest point at 10.62, with a price of $14.01 and an EPS of $1.32.
Maximum annual increase: 47.73% in 2021
Maximum annual decrease: -35.83% in 2020
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 10.92 | -22.88% |
| 2022 | 14.16 | -20.72% |
| 2021 | 17.86 | 47.73% |
| 2020 | 12.09 | -35.83% |
| 2019 | 18.84 | -3.04% |
| 2018 | 19.43 | 5.31% |
| 2017 | 18.45 | 41.16% |
| 2016 | 13.07 | -5.56% |
| 2015 | 13.84 | 9.23% |
| 2014 | 12.67 | 19.53% |
PLUS's current PE ratio is higher than the 3, 5 and 10-year averages.
When compared to its peers MSFT and ORCL, PLUS's PE ratio is lower, but it is higher than HPQ's. Eplus's current PE ratio of 16.79 is less than the average of its peers, which is 23.49.
| Stock name | PE ratio | Market cap |
|---|---|---|
| HPQ Hp Inc | 8.21 | $27.86B |
| PLUS Eplus Inc | 16.79 | $2.15B |
| SNX Synnex Corp | 17.44 | $10.53B |
| IBM International Business Machines Corp | 18.77 | $154.67B |
| NSIT Insight Enterprises Inc | 21.97 | $6.52B |
| CDW CDW Corp | 27.21 | $29.66B |
| AMSWA American Software Inc | 27.83 | $332.87M |
| ORCL Oracle Corp | 30.32 | $324.13B |
| MSFT Microsoft Corp | 35.32 | $3.04T |
PLUS stock has a price to earnings ratio of 16.79 as of May 6, 2024.
The 3-year average PE ratio for PLUS stock is 13.19.
The 5-year average PE ratio for PLUS stock is 13.91.
Over the last ten years, the Sep 2017 quarter recorded the highest quarterly PE ratio at 23.71.
PLUS's current price to earnings ratio is 11% above its 10-year historical average.
You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months earnings per share(EPS). As of today (May 6, 2024), Eplus's share price is $79.74. The company's earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $4.75. Therefore, Eplus's price to earnings ratio for today is 16.79. PE RATIO(16.79) = STOCK PRICE($79.74) / TTM EPS($4.75)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.