As at May 6, 2024, the AAP stock has a PE ratio of 147.72. This is based on the current EPS of $0.5 and the stock price of $73.86 per share. The current PE ratio is comparable to the past four-quarter average.
The mean historical PE ratio of Advance Auto Parts over the last ten years is 25.03. The current 147.72 PE ratio is comparable to the historical average. Over the past ten years, AAP's PE ratio was at its highest in the Dec 2023 quarter at 122.06, with a price of $61.03 and an EPS of $0.5. The Jul 2023 quarter recorded the bottom point at 13.06, with a price of $70.64 and an EPS of $5.41.
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 147.72 is comparable to the average of its peer group, which is 19.44.
| Stock name | PE ratio | Market cap |
|---|---|---|
| HZO Marinemax Inc | 9.11 | $574.93M |
| GPC Genuine Parts Co | 17.39 | $21.83B |
| AZO Autozone Inc | 20.31 | $51.35B |
| MNRO Monro Inc | 24.21 | $781.94M |
| ORLY O Reilly Automotive Inc | 26.19 | $59.99B |
| AAP Advance Auto Parts Inc | 147.72 | $4.4B |
| PRTS CarPartscom Inc | N/A | $67.92M |
The price to earnings ratio for AAP stock is 147.72 as of May 6, 2024.
The 3-year average PE ratio for AAP stock is 30.14.
The 5-year average PE ratio for AAP stock is 27.07.
The current P/E of 147.72 represents the highest historical value in the last ten years.
AAP's current price to earnings ratio is 490% 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 (May 6, 2024), Advance Auto Parts's stock price is $73.86. The earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $0.5. Therefore, Advance Auto Parts's P/E ratio for today is 147.72. PE RATIO(147.72) = STOCK PRICE($73.86) / TTM EPS($0.5)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.