The current PE ratio for Abm Industries stock as of Jul 25, 2024 is 14.22. This is calculated based on the TTM EPS of $3.84 and the stock price of $54.61 per share. The PE ratio has increased by 26% from its last 4 quarters average of 11.3.
The average historical PE ratio of Abm Industries for the last ten years is 46.26. The current price-to-earnings ratio of 14.22 is 69% less than the historical average. Analyzing the last ten years, ABM's PE ratio reached its highest point in the Oct 2017 quarter at 599.57, when the price was $41.97 and the EPS was $0.07. The lowest point was recorded in the Oct 2023 quarter, when it reached 10.33 with a price of $39.34 and an EPS of $3.81.
Maximum annual increase: 1,465.05% in 2017
Maximum annual decrease: -96.53% in 2018
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 10.33 | -20.17% |
| 2022 | 12.94 | -45.01% |
| 2021 | 23.53 | N/A |
| 2020 | N/A | N/A |
| 2019 | 19.09 | -8.13% |
| 2018 | 20.78 | -96.53% |
| 2017 | 599.57 | 1,465.05% |
| 2016 | 38.31 | 82.08% |
| 2015 | 21.04 | 2.78% |
| 2014 | 20.47 | -1.02% |
The current PE ratio of ABM is under its 3, 5 and 10-year averages.
When compared to its peer stocks CTAS and EME, ABM's PE ratio is lower.
| Stock name | PE ratio | Market cap |
|---|---|---|
| ABM Abm Industries Inc | 14.34 | $3.46B |
| HCSG Healthcare Services Group Inc | 19.91 | $835.89M |
| EME EMCOR Group Inc | 20.77 | $16.99B |
| CTAS Cintas Corp | 49.44 | $76.72B |
The price to earnings ratio for ABM stock as of Jul 25, 2024, stands at 14.22.
As an average over the last 3 years, ABM stock has a PE ratio of 16.02.
As an average over the last 5 years, ABM stock has a PE ratio of 19.39.
The highest quarterly PE ratio in the last ten years has been 599.57 and it was in the Oct 2017 quarter.
The current PE ratio of ABM is 69% lower than the 10-year historical average.
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Jul 25, 2024), Abm Industries's share price is $54.61. The company's earnings per share for the trailing twelve months (TTM) ending Apr 2024 is $3.84. Therefore, Abm Industries's price to earnings ratio for today is 14.22. PE RATIO(14.22) = STOCK PRICE($54.61) / TTM EPS($3.84)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.