The current price-to-earnings ratio for Argan stock as of May 3, 2024 is 25.14. This is calculated based on the current EPS of $2.42 and the stock price of $60.84 per share. The P/E ratio has increased by 42% from the past four quarters average of 17.7.
The average historical PE ratio of Argan for the last ten years is 29.79. The current PE ratio of 25.14 is 16% 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.
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's current P/E ratio is above the 3-year historical average, but it is lower than the 5 and 10-year averages.
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 | 20.45 | $2.59B |
| AGX Argan Inc | 25.75 | $824.99M |
| NDSN Nordson Corp | 31.32 | $15.46B |
| KBR Kbr Inc | N/A | $9.18B |
The price to earnings ratio for AGX stock as of May 3, 2024, stands at 25.14.
The 3-year average PE ratio for AGX stock is 17.68.
The 5-year average PE ratio for AGX stock is 49.88.
The highest quarterly PE ratio in the last ten years has been 411.5 and it was in the Jul 2019 quarter.
The current price to earnings ratio of AGX is 16% lower than the 10-year historical average.
To determine the PE ratio, divide the most recent stock price by the TTM earnings per share (EPS). As of today (May 3, 2024), Argan's stock price is $60.84. The earnings per share for the trailing twelve months (TTM) ending Jan 2024 is $2.42. Therefore, Argan's P/E ratio for today is 25.14. PE RATIO(25.14) = STOCK PRICE($60.84) / TTM EPS($2.42)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.