AGX Argan PE ratio, current and historical analysis
The current price-to-earnings ratio for Argan stock as of Nov 22, 2024 is 48.66. This is calculated based on the current EPS of $3.26 and the stock price of $158.63 per share. The P/E ratio has increased by 138% from the past four quarters average of 20.5.
AGX PE ratio history
The average historical PE ratio of Argan for the last ten years is 30.24. The current PE ratio of 48.66 is 61% above the historical average. In the past ten years, AGX's PE ratio was at its highest in the Jul 2019 quarter at 411.5, when the stock price was $41.15 and the EPS was $0.1. The lowest value was in the Jan 2018 quarter, when it reached 9.4 with a price of $43.6 and an EPS of $4.64.
Argan PE ratio by year
Maximum annual increase: 44.53% in 2015
Maximum annual decrease: -46.24% in 2022
| Year | PE ratio | Change |
|---|---|---|
| 2024 | 18.32 | 10.43% |
| 2023 | 16.59 | 8.5% |
| 2022 | 15.29 | -46.24% |
| 2021 | 28.44 | N/A |
| 2020 | N/A | N/A |
| 2019 | 12.64 | 34.47% |
| 2018 | 9.4 | -40.47% |
| 2017 | 15.79 | 29% |
| 2016 | 12.24 | -15.06% |
| 2015 | 14.41 | 44.53% |
AGX average PE ratio chart
AGX's current P/E ratio is above the 3, 5 and 10-year historical averages.
AGX PE vs peers
Compared to its peer stocks NDSN and KBR, AGX's PE ratio stands higher.
| Stock name | PE ratio | Market cap |
|---|---|---|
| KBR Kbr Inc | 26.06 | $8.23B |
| PRIM Primoris Services Corp | 27.03 | $4.46B |
| NDSN Nordson Corp | 31.55 | $14.94B |
| AGX Argan Inc | 48.66 | $2.14B |
Frequently asked questions
What is Argan's PE ratio?
The price to earnings ratio for AGX stock as of Nov 22, 2024, stands at 48.66.
What is the 3-year average PE ratio for Argan (AGX)?
The 3-year average PE ratio for AGX stock is 19.0.
What is the 5-year average PE ratio for Argan (AGX)?
The 5-year average PE ratio for AGX stock is 23.88.
What is the highest PE ratio for AGX?
The highest quarterly PE ratio in the last ten years has been 411.5 and it was in the Jul 2019 quarter.
How does the current PE ratio for AGX compare to its historical average?
The current price to earnings ratio of AGX is 61% higher than the 10-year historical average.
How is AGX's PE ratio calculated (Argan PE ratio formula)?
To determine the PE ratio, divide the most recent stock price by the TTM earnings per share (EPS). As of today (Nov 22, 2024), Argan's stock price is $158.63. The earnings per share for the trailing twelve months (TTM) ending Jul 2024 is $3.26. Therefore, Argan's P/E ratio for today is 48.66. PE RATIO(48.66) = STOCK PRICE($158.63) / TTM EPS($3.26)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.