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AAP Advance Auto Parts PE ratio, current and historical analysis

As at Jun 20, 2024, the AAP stock has a PE ratio of 244.96. This is based on the current EPS of $0.27 and the stock price of $66.14 per share. An increase of 120% has been seen in the P/E ratio compared to the average of 111.3 of the last 4 quarters.

AAP PE ratio history

How has AAP's PE ratio performed in the past

The mean historical PE ratio of Advance Auto Parts over the last ten years is 31.67. The current 244.96 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.

Average
31.67
Median
22.27
Minimum
12.84
Maximum
291.44

Advance Auto Parts PE ratio by year

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%

AAP average PE ratio chart

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

Currently, AAP's PE ratio is above the 3, 5 and 10-year historical averages.

3-year avg
51.82
5-year avg
40.23
10-year avg
31.67
15-year avg
26.18

AAP PE vs peers

What is AAP's PE ratio compared to its peers

Compared to its peer stocks ORLY and AZO, AAP's PE ratio stands higher. Advance Auto Parts's current PE ratio of 244.96 is comparable to the average of its peer group, which is 18.88.

Stock name PE ratio Market cap
HZO Marinemax Inc 11.92 $752.45M
GPC Genuine Parts Co 15.7 $19.7B
MNRO Monro Inc 19.35 $682.99M
AZO Autozone Inc 20.24 $51.39B
ORLY O Reilly Automotive Inc 27.18 $63.64B
AAP Advance Auto Parts Inc 244.96 $3.94B
PRTS CarPartscom Inc N/A $62.37M

Frequently asked questions

What is Advance Auto Parts's PE ratio?

The price to earnings ratio for AAP stock is 244.96 as of Jun 20, 2024.

What is the 3-year average PE ratio for Advance Auto Parts (AAP)?

The 3-year average PE ratio for AAP stock is 51.82.

What is the 5-year average PE ratio for Advance Auto Parts (AAP)?

The 5-year average PE ratio for AAP stock is 40.23.

What is the highest PE ratio for AAP?

The highest quarterly PE ratio in the last ten years has been 291.44 and it was in the Apr 2024 quarter.

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

AAP's current price to earnings ratio is 673% above its 10-year historical average.

Why is Advance Auto Parts's PE ratio so high?

AAP's PE ratio is high because its earnings per share (EPS) is low relative to its stock price.

How is AAP's PE ratio calculated (Advance Auto Parts PE ratio formula)?

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 (Jun 20, 2024), Advance Auto Parts's stock price is $66.14. 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 244.96. PE RATIO(244.96) = STOCK PRICE($66.14) / TTM EPS($0.27)

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