As of Apr 26, 2024, the ABG stock has a PE ratio of 8.02. The calculation is based on the latest EPS of $27.68 and the stock price of $221.97 per share. An increase of 17% has been observed in the PE ratio compared to its average of 6.8 of the past four quarters.
The mean historical PE ratio of Asbury Automotive Group over the last ten years is 9.58. The current 8.02 price-to-earnings ratio is 16% less than the historical average. Analyzing the last ten years, ABG's PE ratio reached its highest point in the Jun 2015 quarter at 20.78, with a price of $90.62 and an EPS of $4.36. The Dec 2022 quarter saw the lowest point at 4, with a price of $179.25 and an EPS of $44.78.
Maximum annual increase: 94.75% in 2023
Maximum annual decrease: -48.45% in 2015
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 7.79 | 94.75% |
| 2022 | 4 | -38.08% |
| 2021 | 6.46 | -41.27% |
| 2020 | 11 | -5.01% |
| 2019 | 11.58 | 45.29% |
| 2018 | 7.97 | -16.72% |
| 2017 | 9.57 | 15.3% |
| 2016 | 8.3 | -20.88% |
| 2015 | 10.49 | -48.45% |
| 2014 | 20.35 | 34.41% |
Currently, ABG's PE ratio is above its 3 and 5-year averages, but it is under its 10-year average.
ABG's PE ratio is less than its peer stocks CPRT and KMX, but it is above LAD's and AN's. Asbury Automotive Group is currently trading at a lower PE ratio (8.02) than its peers average of 14.8.
| Stock name | PE ratio | Market cap |
|---|---|---|
| GPI Group 1 Automotive Inc | 7.05 | $4.06B |
| LAD Lithia Motors Inc | 7.74 | $7.2B |
| AN Autonation Inc | 7.98 | $6.84B |
| ABG Asbury Automotive Group Inc | 8.02 | $4.48B |
| PAG Penske Automotive Group Inc | 10.04 | $10.43B |
| RUSHA Rush Enterprises Inc | 10.93 | $3.64B |
| SAH Sonic Automotive Inc | 12.44 | $2.11B |
| KMX Carmax Inc | 22.97 | $10.95B |
| CPRT Copart Inc | 39.25 | $53.58B |
| CRMT Americas Carmart Inc | N/A | $369.91M |
The price to earnings ratio for ABG stock is 8.02 as of Apr 26, 2024.
The 3-year average PE ratio for ABG stock is 6.05.
The 5-year average PE ratio for ABG stock is 7.57.
The highest quarterly PE ratio in the last ten years has been 20.78 and it was in the Jun 2015 quarter.
ABG's current price to earnings ratio is 16% below its 10-year historical average.
ABG's PE ratio is low because its earnings per share (EPS) is high relative to its stock price.
The P/E ratio is calculated by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Apr 26, 2024), Asbury Automotive Group's share price is $221.97. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $27.68. Therefore, Asbury Automotive Group's price to earnings ratio for today is 8.02. PE RATIO(8.02) = STOCK PRICE($221.97) / TTM EPS($27.68)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.