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AGX Argan PE ratio, current and historical analysis

The current price-to-earnings ratio for Argan stock as of Jun 12, 2024 is 26.87. This is calculated based on the current EPS of $2.85 and the stock price of $76.57 per share. The P/E ratio has increased by 49% from the past four quarters average of 18.0.

AGX PE ratio history

How has AGX's PE ratio performed in the past

The average historical PE ratio of Argan for the last ten years is 29.55. The current PE ratio of 26.87 is 9% below 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.

Average
29.55
Median
15.15
Minimum
9.4
Maximum
411.5

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

What is the average PE ratio of AGX for the past years

AGX's current P/E ratio is above the 3-year historical average, but it is lower than the 5 and 10-year averages.

3-year avg
17.97
5-year avg
48.09
10-year avg
29.55
15-year avg
29.32

AGX PE vs peers

What is AGX's PE ratio compared to its peers

Compared to its peer NDSN, AGX's PE ratio stands lower, however it is higher than PRIM's.

Stock name PE ratio Market cap
PRIM Primoris Services Corp 19.98 $2.88B
AGX Argan Inc 26.9 $1.02B
NDSN Nordson Corp 27.6 $13.39B
KBR Kbr Inc N/A $8.57B

Frequently asked questions

What is Argan's PE ratio?

The price to earnings ratio for AGX stock as of Jun 12, 2024, stands at 26.87.

What is the 3-year average PE ratio for Argan (AGX)?

The 3-year average PE ratio for AGX stock is 17.97.

What is the 5-year average PE ratio for Argan (AGX)?

The 5-year average PE ratio for AGX stock is 48.09.

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 9% lower 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 (Jun 12, 2024), Argan's stock price is $76.57. The earnings per share for the trailing twelve months (TTM) ending Apr 2024 is $2.85. Therefore, Argan's P/E ratio for today is 26.87. PE RATIO(26.87) = STOCK PRICE($76.57) / TTM EPS($2.85)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.