As of Apr 24, 2024, the ADM stock has a P/E ratio of 9.56. The calculation is based on the latest EPS of $6.44 and the stock price of $61.56 per share. A decrease of 8% has been observed in the PE ratio compared to its average of 10.4 of the past four quarters.
The mean historical PE ratio of Archer-Daniels-Midland over the last ten years is 14.73. The current 9.56 price-to-earnings ratio is 35% less than the historical average. Analyzing the last ten years, ADM's PE ratio reached its highest point in the Dec 2016 quarter at 20.94, with a price of $45.65 and an EPS of $2.18. The Mar 2023 quarter saw the lowest point at 9.97, with a price of $79.66 and an EPS of $7.99.
Maximum annual increase: 70.66% in 2016
Maximum annual decrease: -31.66% in 2017
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 11.21 | -6.82% |
| 2022 | 12.03 | -14.56% |
| 2021 | 14.08 | -11.72% |
| 2020 | 15.95 | -15.7% |
| 2019 | 18.92 | 48.28% |
| 2018 | 12.76 | -10.83% |
| 2017 | 14.31 | -31.66% |
| 2016 | 20.94 | 70.66% |
| 2015 | 12.27 | -18.85% |
| 2014 | 15.12 | -29.28% |
The current PE ratio of ADM is under its 3, 5 and 10-year averages.
ADM's PE ratio is less than its peer stocks INGR and SEB, but it is above BG's. Archer-Daniels-Midland's current PE ratio of 9.56 is less than the average of its peers, which is 17.99.
| Stock name | PE ratio | Market cap |
|---|---|---|
| BG Bunge LTD | 8.44 | $14.98B |
| ADM Archer-Daniels-Midland Co | 9.56 | $31.39B |
| INGR Ingredion Inc | 11.82 | $7.55B |
| MGPI Mgp Ingredients Inc | 16.16 | $1.72B |
| SEB Seaboard Corp | 16.25 | $3.19B |
| THS TreeHouse Foods Inc | 38.68 | $1.99B |
| TSN Tyson Foods Inc | N/A | $21.85B |
ADM stock has a price to earnings ratio of 9.56 as of Apr 24, 2024.
The average PE ratio for ADM stock over the past 3 years is 12.31.
The average PE ratio for ADM stock over the past 5 years is 13.93.
Over the last ten years, the quarterly PE ratio reached its highest level at 20.94 in the Dec 2016 quarter.
ADM's current price to earnings ratio is 35% below its 10-year historical average.
ADM's PE ratio of 9.56 is considered low because the company's stock price is trading at a lower multiple of earnings.
The P/E ratio is calculated by taking the latest stock price and dividing it by the earnings per share(EPS) for the last 12 months. As of today (Apr 24, 2024), Archer-Daniels-Midland's share price is $61.56. The company's earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $6.44. Therefore, Archer-Daniels-Midland's price to earnings ratio for today is 9.56. PE RATIO(9.56) = STOCK PRICE($61.56) / TTM EPS($6.44)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.