The price-to-earnings ratio for Artisan Partners Asset Management stock stands at 13.07 as of Sep 28, 2023. This is calculated based on the current EPS of $2.9 and the stock price of $37.89 per share. An increase of 21% has been recorded in the PE ratio compared to the average of 10.8 of the past four quarters.
Over the last ten years, the average PE ratio of Artisan Partners Asset Management has been 16.58. The current 13.07 price-to-earnings ratio is 21% less than the historical average. In the past ten years, APAM's PE ratio reached its highest point in the Dec 2017 quarter at 52.67, with a price of $39.5 and an EPS of $0.75. The Dec 2018 quarter saw the lowest point at 7.79, with a price of $22.11 and an EPS of $2.84.
Maximum annual increase: 177.94% in 2017
Maximum annual decrease: -85.21% in 2018
| Year | PE ratio | Change |
|---|---|---|
| 2022 | 10.1 | 8.14% |
| 2021 | 9.34 | -36.93% |
| 2020 | 14.81 | 21.39% |
| 2019 | 12.2 | 56.61% |
| 2018 | 7.79 | -85.21% |
| 2017 | 52.67 | 177.94% |
| 2016 | 18.95 | -2.27% |
| 2015 | 19.39 | N/A |
| 2014 | N/A | N/A |
| 2013 | N/A | N/A |
APAM's current P/E ratio is above the 3 and 5-year averages, but it is lower than the 10-year average.
When compared to its peer stocks KKR and CG, APAM's PE ratio is lower.
| Stock name | PE ratio | Market cap |
|---|---|---|
| APAM Artisan Partners Asset Management Inc | 13.06 | $3.03B |
| AB Alliancebernstein Holding Lp | 13.62 | $3.5B |
| CNS Cohen & Steers Inc | 21.24 | $3.07B |
| CG Carlyle Group Inc | 26.72 | $10.87B |
| KKR KKR & Co Inc | 43.07 | $52.82B |
As of Sep 28, 2023, APAM stock has a price to earnings ratio of 13.07.
The average PE ratio for APAM stock over the past 3 years is 10.93.
The average PE ratio for APAM stock over the past 5 years is 11.26.
In the last ten years, the Dec 2017 quarter recorded the highest quarterly PE ratio at 52.67.
The current price to earnings ratio of APAM is 21% lower than the 10-year historical average.
You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months earnings per share(EPS). As of today (Sep 28, 2023), Artisan Partners Asset Management's stock price is $37.89. The earnings per share for the trailing twelve months (TTM) ending Jun 2023 is $2.9. Therefore, Artisan Partners Asset Management's price to earnings ratio for today is 13.07. PE RATIO(13.07) = STOCK PRICE($37.89) / TTM EPS($2.9)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.