As of Sep 28, 2023, the Agree Realty stock's PE ratio is 31.19. This results from the current EPS of $1.77 and stock price of $55.2. The P/E ratio has decreased by 17% from the past four quarters average of 37.6.
The PE ratio of Agree Realty has averaged 29.22 over the last ten years. The current PE ratio of 31.19 is 7% 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 |
|---|---|---|
| 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% |
| 2013 | 19.22 | 16.91% |
Currently, ADC's PE ratio is greater than its 10-year historical average, but it is lower than the 3 and 5-year averages.
Compared to its peer WMT, ADC's PE ratio stands lower, however it is higher than CVS's and KR's. Agree Realty's PE ratio is trading above the peer group average of 22.98.
| Stock name | PE ratio | Market cap |
|---|---|---|
| DIN Dine Brands Global Inc | 9.96 | $769.63M |
| KR Kroger Co | 19.83 | $32.23B |
| CVS CVS HEALTH Corp | 30.55 | $89.86B |
| WMT Walmart Inc | 30.77 | $430.6B |
| ADC Agree Realty Corp | 31.14 | $5.31B |
| DAVE Dave Inc | N/A | $74.55M |
| T At&T Inc | N/A | $107.09B |
As of Sep 28, 2023, ADC stock has a price to earnings ratio of 31.19.
Over the last 3 years, the average price to earnings ratio for ADC stock is 38.01.
Over the last 5 years, the average price to earnings ratio for ADC stock is 36.61.
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 7% 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 (Sep 28, 2023), Agree Realty's stock price is $55.2. The earnings per share for the trailing twelve months (TTM) ending Jun 2023 is $1.77. Therefore, Agree Realty's P/E ratio for today is 31.19. PE RATIO(31.19) = STOCK PRICE($55.2) / TTM EPS($1.77)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.