The current P/E ratio for Tractor Supply stock as of Apr 25, 2024 is 26.13. This is calculated based on the TTM EPS of $10.15 and the stock price of $265.26 per share. The PE ratio has increased by 20% from its last 4 quarters average of 21.7.
The average historical PE ratio of Tractor Supply for the last ten years is 23.23. The current price-to-earnings ratio of 26.13 is 12% more than the historical average. Analyzing the last ten years, TSCO's PE ratio reached its highest point in the Jun 2015 quarter at 31.55, when the price was $92.75 and the EPS was $2.94. The lowest point was recorded in the Jul 2017 quarter, when it reached 16.33 with a price of $54.21 and an EPS of $3.32.
Maximum annual increase: 16.14% in 2020
Maximum annual decrease: -18.5% in 2016
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 21.19 | -7.87% |
| 2022 | 23 | -12.45% |
| 2021 | 26.27 | 15.17% |
| 2020 | 22.81 | 16.14% |
| 2019 | 19.64 | 2.45% |
| 2018 | 19.17 | -15.1% |
| 2017 | 22.58 | -2% |
| 2016 | 23.04 | -18.5% |
| 2015 | 28.27 | -2.42% |
| 2014 | 28.97 | -9.86% |
The current PE ratio of TSCO is above its 3, 5 and 10-year averages.
TSCO's PE ratio is less than its peer stocks AMZN and SHW, but it is above HD's and LOW's. Tractor Supply is currently trading at a higher PE ratio (26.13) than its peers average of 19.65.
| Stock name | PE ratio | Market cap |
|---|---|---|
| TITN Titan Machinery Inc | 4.59 | $516.61M |
| LKQ Lkq Corp | 13.89 | $11.45B |
| LOW Lowes Companies Inc | 17.38 | $131.58B |
| HD Home Depot Inc | 21.9 | $329B |
| TSCO Tractor Supply Co | 26.13 | $28.63B |
| POOL Pool Corp | 27.51 | $14.2B |
| SHW Sherwin Williams Co | 32.6 | $77.56B |
| AMZN Amazon Com Inc | 58.87 | $1.8T |
| CONN Conns Inc | N/A | $90.34M |
The price to earnings ratio for TSCO stock is 26.13 as of Apr 25, 2024.
The 3-year average PE ratio for TSCO stock is 23.21.
The 5-year average PE ratio for TSCO stock is 22.44.
The highest quarterly PE ratio in the last ten years has been 31.55 and it was in the Jun 2015 quarter.
The current PE ratio of TSCO is 12% higher than the 10-year historical average.
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Apr 25, 2024), Tractor Supply's share price is $265.26. The company's earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $10.15. Therefore, Tractor Supply's price to earnings ratio for today is 26.13. PE RATIO(26.13) = STOCK PRICE($265.26) / TTM EPS($10.15)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.