As of Jul 25, 2024, the Agree Realty stock's PE ratio is 37.51. This results from the current EPS of $1.81 and stock price of $67.9. The P/E ratio marks an increase of 9% from the past four quarters average of 34.3.
The PE ratio of Agree Realty has averaged 30.58 over the last ten years. The current PE ratio of 37.51 is 23% above the historical average. In the past ten years, ADC's PE ratio was at its highest in the Jun 2021 quarter at 42.98, when the stock price was $70.49 and the EPS was $1.64. The lowest value was in the Sep 2015 quarter, when it reached 14.01 with a price of $29.85 and an EPS of $2.13.
Maximum annual increase: 49.3% in 2016
Maximum annual decrease: -37.53% in 2015
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 37.03 | -3.94% |
| 2022 | 38.55 | -3.31% |
| 2021 | 39.87 | 5.39% |
| 2020 | 37.83 | 5.67% |
| 2019 | 35.8 | 9.01% |
| 2018 | 32.84 | 33.44% |
| 2017 | 24.61 | 5.26% |
| 2016 | 23.38 | 49.3% |
| 2015 | 15.66 | -37.53% |
| 2014 | 25.07 | 30.44% |
Currently, ADC's PE ratio is greater than its 3, 5 and 10-year historical averages.
Compared to its peer stocks WMT and T, ADC's PE ratio stands higher. Agree Realty's PE ratio is trading above the peer group average of 14.92.
| Stock name | PE ratio | Market cap |
|---|---|---|
| DIN Dine Brands Global Inc | 6.14 | $530.84M |
| CVS CVS HEALTH Corp | 10.68 | $76.58B |
| T At&T Inc | 10.93 | $136.31B |
| KR Kroger Co | 18.33 | $39.17B |
| WMT Walmart Inc | 29.82 | $561.28B |
| ADC Agree Realty Corp | 37.97 | $6.92B |
| DAVE Dave Inc | N/A | $445.79M |
As of Jul 25, 2024, ADC stock has a price to earnings ratio of 37.51.
Over the last 3 years, the average price to earnings ratio for ADC stock is 36.69.
Over the last 5 years, the average price to earnings ratio for ADC stock is 36.76.
In the last ten years, the Jun 2021 quarter recorded the highest quarterly PE ratio at 42.98.
ADC's price to earnings ratio is currently 23% above its 10-year historical average.
The PE ratio is calculated by dividing the most recent price of a stock by its trailing twelve months EPS. As of today (Jul 25, 2024), Agree Realty's stock price is $67.9. The earnings per share for the trailing twelve months (TTM) ending Jun 2024 is $1.81. Therefore, Agree Realty's P/E ratio for today is 37.51. PE RATIO(37.51) = STOCK PRICE($67.9) / TTM EPS($1.81)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.