As of May 6, 2024, the Agco stock's PE ratio is 7.8. This results from the current EPS of $14.8 and stock price of $115.47. The PE ratio has decreased by 4.2% from the past four quarters average of 8.1.
The PE ratio of Agco has averaged 19.44 over the last ten years. The current P/E ratio of 7.8 is 60% lower than the historical average. In the past ten years, AGCO's PE ratio peaked in the Jun 2020 quarter at 74.95, when the stock price was $55.46 and the EPS was $0.74. The lowest point was in the Sep 2023 quarter, when it reached 7.67 with a price of $118.28 and an EPS of $15.43.
Maximum annual increase: 206.24% in 2019
Maximum annual decrease: -61.53% in 2020
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 7.75 | -33.42% |
| 2022 | 11.64 | 19.63% |
| 2021 | 9.73 | -46.3% |
| 2020 | 18.12 | -61.53% |
| 2019 | 47.1 | 206.24% |
| 2018 | 15.38 | -49.62% |
| 2017 | 30.53 | 3.95% |
| 2016 | 29.37 | 98.04% |
| 2015 | 14.83 | 43.98% |
| 2014 | 10.3 | 6.85% |
Currently, AGCO's PE ratio is lower than the 3, 5 and 10-year averages.
AGCO's PE ratio stands lower than its peer stocks DE and TTC. Agco's current PE ratio of 7.8 is lower than the average of its peers, which is 19.96.
| Stock name | PE ratio | Market cap |
|---|---|---|
| AGCO Agco Corp | 7.9 | $8.72B |
| DE Deere & Co | 11.75 | $112.79B |
| ALG Alamo Group Inc | 17.18 | $2.34B |
| LNN Lindsay Corp | 18.95 | $1.31B |
| TTC Toro Co | 32.37 | $9.33B |
AGCO's price to earnings ratio is 7.8 as of May 6, 2024.
The average PE ratio for AGCO stock over the past 3 years is 10.01.
The average PE ratio for AGCO stock over the past 5 years is 18.59.
In the last ten years, the Jun 2020 quarter recorded the highest quarterly PE ratio at 74.95.
AGCO's price to earnings ratio is currently 60% below its 10-year historical average.
AGCO's PE ratio is low because the stock price is relatively cheap compared to the earnings generated by the company.
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (May 6, 2024), Agco's stock price is $115.47. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $14.8. Therefore, Agco's PE ratio for today is 7.8. PE RATIO(7.8) = STOCK PRICE($115.47) / TTM EPS($14.8)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.