As at May 1, 2024, the SIRI stock has a price-to-earnings ratio of 8.97. This is based on the current EPS of $0.34 and the stock price of $3.05 per share. A decrease of 38% has been recorded in the PE ratio compared to the average of 14.4 of the last four quarters.
The mean historical PE ratio of Sirius Xm Holdings over the last ten years is 51.79. The current 8.97 P/E ratio is 83% lower than the historical average. In the past ten years, SIRI's PE ratio peaked in the Mar 2021 quarter at 609, with a price of $6.09 and an EPS of $0.01. The Mar 2024 quarter marked the lowest point at 11.41, with a price of $3.88 and an EPS of $0.34.
Maximum annual increase: 493.93% in 2020
Maximum annual decrease: -90.66% in 2021
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 16.58 | -12% |
| 2022 | 18.84 | -5.04% |
| 2021 | 19.84 | -90.66% |
| 2020 | 212.33 | 493.93% |
| 2019 | 35.75 | 62.8% |
| 2018 | 21.96 | -42.65% |
| 2017 | 38.29 | 29.05% |
| 2016 | 29.67 | -34.39% |
| 2015 | 45.22 | 16.28% |
| 2014 | 38.89 | -33.14% |
SIRI's current P/E ratio is lower than the 3, 5 and 10-year averages.
In comparison to its peer stock SGA, SIRI's PE ratio is lower.
| Stock name | PE ratio | Market cap |
|---|---|---|
| SIRI Sirius Xm Holdings Inc | 8.99 | $11.75B |
| SGA Saga Communications Inc | 15.12 | $146.78M |
| BBGI Beasley Broadcast Group Inc | N/A | $22.41M |
As of May 1, 2024, SIRI stock has a price to earnings ratio of 8.97.
Over the last 3 years, the average price to earnings ratio for SIRI stock is 29.52.
Over the last 5 years, the average price to earnings ratio for SIRI stock is 66.64.
Over the last ten years, the quarterly PE ratio reached a historic high of 609 in the Mar 2021 quarter.
SIRI's current price to earnings ratio is 83% below its 10-year historical average.
A company with a lower PE ratio may indicate that the market has lower growth expectations for the company's future earnings.
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (May 1, 2024), Sirius Xm Holdings's stock price is $3.05. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $0.34. Therefore, Sirius Xm Holdings's PE ratio for today is 8.97. PE RATIO(8.97) = STOCK PRICE($3.05) / TTM EPS($0.34)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.