The current price-to-earnings ratio for Argan stock as of Dec 24, 2024 is 29.18. This is calculated based on the current EPS of $4.92 and the stock price of $143.57 per share. The P/E ratio has increased by 29% from the past four quarters average of 22.6.
The average historical PE ratio of Argan for the last ten years is 30.14. The current PE ratio of 29.18 is 3.2% 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 and 5-year historical averages, but it is lower than the 10-year average.
Compared to its peer stocks NDSN and KBR, AGX's PE ratio stands higher.
Stock name | PE ratio | Market cap |
---|---|---|
KBR Kbr Inc | 24.15 | $7.63B |
NDSN Nordson Corp | 25.98 | $12.1B |
PRIM Primoris Services Corp | 26.19 | $4.32B |
AGX Argan Inc | 29.18 | $1.95B |
The price to earnings ratio for AGX stock as of Dec 24, 2024, stands at 29.18.
The 3-year average PE ratio for AGX stock is 19.66.
The 5-year average PE ratio for AGX stock is 24.06.
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 3.2% 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 (Dec 24, 2024), Argan's stock price is $143.57. The earnings per share for the trailing twelve months (TTM) ending Oct 2024 is $4.92. Therefore, Argan's P/E ratio for today is 29.18. PE RATIO(29.18) = STOCK PRICE($143.57) / TTM EPS($4.92)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.