As of Jul 25, 2024, the Ares Management stock's PE ratio is 63.73. This results from the current EPS of $2.28 and stock price of $145.3. The P/E ratio marks an increase of 20% from the past four quarters average of 53.1.
The PE ratio of Ares Management has averaged 44.66 over the last ten years. The current PE ratio of 63.73 is 43% above the historical average. Over the past ten years, ARES's PE ratio was at its highest in the Dec 2022 quarter at 78.67, when the stock price was $68.44 and the EPS was $0.87. The lowest value was in the Mar 2018 quarter, when it reached 13.46 with a price of $21.4 and an EPS of $1.59.
Maximum annual increase: 116.84% in 2022
Maximum annual decrease: -72% in 2016
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 48.74 | -38.04% |
| 2022 | 78.67 | 116.84% |
| 2021 | 36.28 | -31.38% |
| 2020 | 52.87 | 64.45% |
| 2019 | 32.15 | -45.76% |
| 2018 | 59.27 | 83.73% |
| 2017 | 32.26 | 104.96% |
| 2016 | 15.74 | -72% |
| 2015 | 56.22 | 41.04% |
| 2014 | 39.86 | N/A |
ARES's current P/E ratio is above the 3, 5 and 10-year historical averages.
ARES's PE ratio is higher than its peer stocks BEN and VRTS.
| Stock name | PE ratio | Market cap |
|---|---|---|
| NEWT Newtek Business Services Corp | 7.66 | $343.06M |
| BEN Franklin Resources Inc | 13.19 | $12.14B |
| VRTS Virtus Investment Partners Inc | 13.88 | $1.67B |
| ARES Ares Management Corp | 64.52 | $45.57B |
| IVZ Invesco Ltd | N/A | $7.84B |
The price to earnings ratio for ARES stock as of Jul 25, 2024, stands at 63.73.
As an average over the last 3 years, ARES stock has a PE ratio of 52.59.
As an average over the last 5 years, ARES stock has a PE ratio of 51.81.
Over the last ten years, the quarterly PE ratio reached a historic high of 78.67 in the Dec 2022 quarter.
ARES's price to earnings ratio is currently 43% above its 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 (Jul 25, 2024), Ares Management's stock price is $145.3. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $2.28. Therefore, Ares Management's P/E ratio for today is 63.73. PE RATIO(63.73) = STOCK PRICE($145.3) / TTM EPS($2.28)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.