As at Jul 25, 2024, the AAP stock has a PE ratio of 222.85. This is based on the current EPS of $0.27 and the stock price of $60.17 per share. An increase of 100% has been seen in the P/E ratio compared to the average of 111.3 of the last 4 quarters.
The mean historical PE ratio of Advance Auto Parts over the last ten years is 31.91. The current 222.85 PE ratio is comparable to the historical average. Over the past ten years, AAP's PE ratio was at its highest in the Apr 2024 quarter at 291.44, with a price of $78.69 and an EPS of $0.27. The Jul 2023 quarter recorded the bottom point at 12.84, with a price of $70.64 and an EPS of $5.5.
Maximum annual increase: 539.39% in 2023
Maximum annual decrease: -43.07% in 2017
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 122.06 | 539.39% |
| 2022 | 19.09 | -25.84% |
| 2022 | 25.74 | 17.16% |
| 2021 | 21.97 | -4.69% |
| 2019 | 23.05 | -14.76% |
| 2018 | 27.04 | 74.68% |
| 2017 | 15.48 | -43.07% |
| 2016 | 27.19 | 16.55% |
| 2016 | 23.33 | -0.68% |
| 2015 | 23.49 | 14.53% |
Currently, AAP's PE ratio is above the 3, 5 and 10-year historical averages.
Compared to its peer stocks ORLY and AZO, AAP's PE ratio stands higher. Advance Auto Parts's current PE ratio of 222.85 is comparable to the average of its peer group, which is 19.65.
| Stock name | PE ratio | Market cap |
|---|---|---|
| GPC Genuine Parts Co | 16.36 | $19.78B |
| HZO Marinemax Inc | 16.76 | $830.24M |
| AZO Autozone Inc | 20.79 | $52.79B |
| MNRO Monro Inc | 22.29 | $786.8M |
| ORLY O Reilly Automotive Inc | 27.93 | $65.39B |
| AAP Advance Auto Parts Inc | 225.04 | $3.62B |
| PRTS CarPartscom Inc | N/A | $70.87M |
The price to earnings ratio for AAP stock is 222.85 as of Jul 25, 2024.
The 3-year average PE ratio for AAP stock is 54.54.
The 5-year average PE ratio for AAP stock is 40.97.
The highest quarterly PE ratio in the last ten years has been 291.44 and it was in the Apr 2024 quarter.
AAP's current price to earnings ratio is 598% above its 10-year historical average.
AAP's PE ratio is high because its earnings per share (EPS) is low relative to its stock price.
The PE ratio is calculated by taking the latest stock price and dividing it by the EPS for the last 12 months. As of today (Jul 25, 2024), Advance Auto Parts's stock price is $60.17. The earnings per share for the trailing twelve months (TTM) ending Apr 2024 is $0.27. Therefore, Advance Auto Parts's P/E ratio for today is 222.85. PE RATIO(222.85) = STOCK PRICE($60.17) / TTM EPS($0.27)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.