ABM Abm Industries PE ratio, current and historical analysis
The current PE ratio for Abm Industries stock as of Nov 21, 2024 is 23.2. This is calculated based on the TTM EPS of $2.43 and the stock price of $56.38 per share. The PE ratio has increased by 69% from its last 4 quarters average of 13.7.
ABM PE ratio history
The average historical PE ratio of Abm Industries for the last ten years is 47.1. The current price-to-earnings ratio of 23.2 is 51% 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.
Abm Industries PE ratio by year
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% |
ABM average PE ratio chart
The current PE ratio of ABM is higher than the 3 and 5-year averages, but it is under its 10-year average.
ABM PE vs peers
When compared to its peers CTAS and EME, ABM's PE ratio is lower, but it is higher than HCSG's.
| Stock name | PE ratio | Market cap |
|---|---|---|
| HCSG Healthcare Services Group Inc | 16.7 | $844.31M |
| ABM Abm Industries Inc | 23.2 | $3.54B |
| EME EMCOR Group Inc | 26.65 | $24.24B |
| CTAS Cintas Corp | 54.96 | $89.33B |
Frequently asked questions
What is Abm Industries's PE ratio?
The price to earnings ratio for ABM stock as of Nov 21, 2024, stands at 23.2.
What is the 3-year average PE ratio for Abm Industries (ABM)?
As an average over the last 3 years, ABM stock has a PE ratio of 15.46.
What is the 5-year average PE ratio for Abm Industries (ABM)?
As an average over the last 5 years, ABM stock has a PE ratio of 18.89.
What is the highest PE ratio for ABM?
The highest quarterly PE ratio in the last ten years has been 599.57 and it was in the Oct 2017 quarter.
How does the current PE ratio for ABM compare to its historical average?
The current PE ratio of ABM is 51% lower than the 10-year historical average.
How is ABM's PE ratio calculated (Abm Industries PE ratio formula)?
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Nov 21, 2024), Abm Industries's share price is $56.38. The company's earnings per share for the trailing twelve months (TTM) ending Jul 2024 is $2.43. Therefore, Abm Industries's price to earnings ratio for today is 23.2. PE RATIO(23.2) = STOCK PRICE($56.38) / TTM EPS($2.43)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.