As of May 3, 2024, the Ares Management stock's PE ratio is 54.06. This results from the current EPS of $2.44 and stock price of $131.91. The P/E ratio has a decrease of 5% from the past four quarters average of 57.1.
The PE ratio of Ares Management has averaged 45.42 over the last ten years. The current PE ratio of 54.06 is 19% above the historical average. Over the past ten years, ARES's PE ratio was at its highest in the Jun 2014 quarter at 87.18, when the stock price was $19.18 and the EPS was N/A. 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 | 5.92 | $276.49M |
| VRTS Virtus Investment Partners Inc | 12.72 | $1.63B |
| BEN Franklin Resources Inc | 13.5 | $12.43B |
| ARES Ares Management Corp | 54.75 | $41.36B |
| IVZ Invesco Ltd | N/A | $6.7B |
The price to earnings ratio for ARES stock as of May 3, 2024, stands at 54.06.
As an average over the last 3 years, ARES stock has a PE ratio of 50.46.
As an average over the last 5 years, ARES stock has a PE ratio of 50.61.
Over the last ten years, the quarterly PE ratio reached a historic high of 87.18 in the Jun 2014 quarter.
ARES's price to earnings ratio is currently 19% 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 (May 3, 2024), Ares Management's stock price is $131.91. The earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $2.44. Therefore, Ares Management's P/E ratio for today is 54.06. PE RATIO(54.06) = STOCK PRICE($131.91) / TTM EPS($2.44)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.