The price-to-earnings ratio for Artisan Partners Asset Management stock stands at 12.89 as of May 3, 2024. This is calculated based on the current EPS of $3.28 and the stock price of $42.29 per share. A decrease of 4.1% has been recorded in the PE ratio compared to the average of 13.4 of the past four quarters.
Over the last ten years, the average PE ratio of Artisan Partners Asset Management has been 15.55. The current 12.89 price-to-earnings ratio is 17% 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 |
|---|---|---|
| 2023 | 13.85 | 37.13% |
| 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 |
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 AB, APAM's PE ratio is lower.
| Stock name | PE ratio | Market cap |
|---|---|---|
| APAM Artisan Partners Asset Management Inc | 12.89 | $3.4B |
| AB Alliancebernstein Holding Lp | 13.76 | $3.82B |
| KKR KKR & Co Inc | 22.41 | $84.1B |
| CNS Cohen & Steers Inc | 27.25 | $3.57B |
| CG Carlyle Group Inc | N/A | $15.01B |
As of May 3, 2024, APAM stock has a price to earnings ratio of 12.89.
The average PE ratio for APAM stock over the past 3 years is 10.86.
The average PE ratio for APAM stock over the past 5 years is 11.31.
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 17% 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 (May 3, 2024), Artisan Partners Asset Management's stock price is $42.29. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $3.28. Therefore, Artisan Partners Asset Management's price to earnings ratio for today is 12.89. PE RATIO(12.89) = STOCK PRICE($42.29) / TTM EPS($3.28)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.