As of Apr 15, 2024, the ACN stock has a PE ratio of 28.07. The calculation is based on the latest EPS of $11.16 and the stock price of $313.27 per share. A decrease of 7% has been observed in the PE ratio compared to its average of 30.2 of the last four quarters.
The mean historical PE ratio of Accenture over the last ten years is 24.98. The current 28.07 P/E ratio is 12% higher than the historical average. Looking back at the last ten years, ACN's PE ratio peaked in the Nov 2021 quarter at 36.54, with a price of $357.4 and an EPS of $9.78. The Feb 2016 quarter marked the lowest point at 17.05, with a price of $100.26 and an EPS of $5.88.
Maximum annual increase: 34.55% in 2017
Maximum annual decrease: -26.58% in 2022
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 29.7 | 11.91% |
| 2022 | 26.54 | -26.58% |
| 2021 | 36.15 | 20.98% |
| 2020 | 29.88 | 12.93% |
| 2019 | 26.46 | 1.11% |
| 2018 | 26.17 | 11.27% |
| 2017 | 23.52 | 34.55% |
| 2016 | 17.48 | -9.71% |
| 2015 | 19.36 | 10.82% |
| 2014 | 17.47 | 22.86% |
ACN's current PE ratio is higher than the 10-year average, but it is lower than its 3 and 5-year averages.
ACN's PE ratio stands higher than its peer stocks IBM and CTSH. Accenture is currently trading at a higher PE ratio (28.07) than its peers average of 14.22.
| Stock name | PE ratio | Market cap |
|---|---|---|
| G Genpact LTD | 8.85 | $5.54B |
| EBAY Ebay Inc | 9.62 | $26.02B |
| CTSH Cognizant Technology Solutions Corp | 16.14 | $33.83B |
| IBM International Business Machines Corp | 22.3 | $168.45B |
| ACN Accenture plc | 28.13 | $210.57B |
| XRX Xerox Holdings Corp | N/A | $2.01B |
The price to earnings ratio for ACN stock as of Apr 15, 2024, stands at 28.07.
The average PE ratio for ACN stock over the past 3 years is 30.16.
The average PE ratio for ACN stock over the past 5 years is 28.86.
The highest quarterly PE ratio in the last ten years has been 36.54 and it was in the Nov 2021 quarter.
ACN's current price to earnings ratio is 12% above its 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 (Apr 15, 2024), Accenture's share price is $313.27. The company's earnings per share for the trailing twelve months (TTM) ending Feb 2024 is $11.16. Therefore, Accenture's PE ratio for today is 28.07. PE RATIO(28.07) = STOCK PRICE($313.27) / TTM EPS($11.16)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.