As of May 7, 2024, the AIN stock has a PE ratio of 24.53. The calculation is based on the latest EPS of $3.57 and the stock price of $87.56 per share. A decrease of 15% has been observed in the PE ratio compared to its average of 29.0 of the past four quarters.
The mean historical PE ratio of Albany International over the last ten years is 28.4. The current 24.53 price-to-earnings ratio is 14% less than the historical average. Analyzing the last ten years, AIN's PE ratio reached its highest point in the Mar 2018 quarter at 68.15, with a price of $62.7 and an EPS of $0.92. The Mar 2020 quarter saw the lowest point at 13.64, with a price of $47.33 and an EPS of $3.47.
Maximum annual increase: 111.34% in 2017
Maximum annual decrease: -59.29% in 2018
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 27.59 | -14.37% |
| 2022 | 32.22 | 33.31% |
| 2021 | 24.17 | 0.42% |
| 2020 | 24.07 | 29.97% |
| 2019 | 18.52 | -23.75% |
| 2018 | 24.29 | -59.29% |
| 2017 | 59.66 | 111.34% |
| 2016 | 28.23 | 38.25% |
| 2015 | 20.42 | -29.59% |
| 2014 | 29 | -55.61% |
Currently, AIN's PE ratio is above its 5-year average, but it is under its 3 and 10-year averages.
When compared to its peers GE and KAI, AIN's PE ratio is lower, but it is higher than TILE's and CRWS's.
| Stock name | PE ratio | Market cap |
|---|---|---|
| CRWS Crown Crafts Inc | 10.74 | $51.72M |
| TILE Interface Inc | 15.87 | $942.95M |
| AIN Albany International Corp | 24.53 | $2.73B |
| KAI Kadant Inc | 28.37 | $3.3B |
| GE General Electric Co | 54.62 | $184.75B |
AIN stock has a price to earnings ratio of 24.53 as of May 7, 2024.
As an average over the last 3 years, AIN stock has a PE ratio of 26.21.
As an average over the last 5 years, AIN stock has a PE ratio of 23.86.
Over the last ten years, the quarterly PE ratio reached its highest level at 68.15 in the Mar 2018 quarter.
AIN's current price to earnings ratio is 14% below its 10-year historical average.
The P/E ratio is calculated by dividing the latest price of a stock by its trailing twelve months EPS. As of today (May 7, 2024), Albany International's share price is $87.56. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $3.57. Therefore, Albany International's price to earnings ratio for today is 24.53. PE RATIO(24.53) = STOCK PRICE($87.56) / TTM EPS($3.57)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.