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WIRE Encore Wire PE ratio, current and historical analysis

The current PE ratio for Encore Wire stock as of May 20, 2024 is 14.44. This is calculated based on the TTM EPS of $19.42 and the stock price of $280.5 per share. The PE ratio has grown by 60% from its last 4 quarters average of 9.0.

WIRE PE ratio history

How has WIRE's PE ratio performed in the past

The average historical PE ratio of Encore Wire for the last ten years is 14.4. The current P/E ratio of 14.44 is similar to the historical average. Looking back at the last ten years, WIRE's PE ratio peaked in the Dec 2016 quarter at 26.6, when the price was $43.35 and the EPS was $1.63. The lowest point was in the Jun 2022 quarter, when it reached 3.01 with a price of $103.92 and an EPS of $34.53.

Average
14.4
Median
15.36
Minimum
3.01
Maximum
26.6

Encore Wire PE ratio by year

Maximum annual increase: 163.76% in 2023

Maximum annual decrease: -67.09% in 2021

Year PE ratio Change
2023 9.68 163.76%
2022 3.67 -32.04%
2021 5.4 -67.09%
2020 16.41 -20.53%
2019 20.65 54.33%
2018 13.38 -11.16%
2017 15.06 -43.38%
2016 26.6 64.91%
2015 16.13 -22.64%
2014 20.85 -12.69%

WIRE average PE ratio chart

What is the average PE ratio of WIRE for the past years

The current PE ratio of WIRE is higher than the 3, 5 and 10-year averages.

3-year avg
5.87
5-year avg
10
10-year avg
14.4
15-year avg
20.63

WIRE PE vs peers

What is WIRE's PE ratio compared to its peers

WIRE's PE ratio stands lower than its peer stocks APH and BGC, but it is higher than PLPC's.

Stock name PE ratio Market cap
PLPC Preformed Line Products Co 12.58 $648.44M
WIRE Encore Wire Corp 14.38 $4.41B
BDC Belden Inc 18.28 $3.86B
APH Amphenol Corp 39.82 $81.32B
BGC BGC Group Inc 73.67 $4.36B
OCC Optical Cable Corp N/A $21.68M

Frequently asked questions

What is Encore Wire's PE ratio?

As of May 20, 2024, WIRE stock has a price to earnings ratio of 14.44.

What is the 3-year average PE ratio for Encore Wire (WIRE)?

Over the last 3 years, the average price to earnings ratio for WIRE stock is 5.87.

What is the 5-year average PE ratio for Encore Wire (WIRE)?

Over the last 5 years, the average price to earnings ratio for WIRE stock is 10.0.

What is the highest PE ratio for WIRE?

Over the last ten years, the quarterly PE ratio reached its highest level at 26.6 in the Dec 2016 quarter.

How does the current PE ratio for WIRE compare to its historical average?

The current PE ratio of WIRE is 0.3% higher than the 10-year historical average.

How is WIRE's PE ratio calculated (Encore Wire PE ratio formula)?

To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (May 20, 2024), Encore Wire's share price is $280.5. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $19.42. Therefore, Encore Wire's PE ratio for today is 14.44. PE RATIO(14.44) = STOCK PRICE($280.5) / TTM EPS($19.42)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.