As of Sep 28, 2023, the Ares Management stock's PE ratio is 63.19. This results from the current EPS of $1.66 and stock price of $104.89. The P/E ratio has a decrease of 9% from the past four quarters average of 69.6.
The PE ratio of Ares Management has averaged 45.28 over the last ten years. The current PE ratio of 63.19 is 40% 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 |
|---|---|---|
| 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 |
| 2013 | N/A | N/A |
ARES's current P/E ratio is above the 3 and 5-year historical averages.
ARES's PE ratio is higher than its peer stocks BEN and IVZ. Ares Management's current PE ratio of 63.19 is comparable to the average of its peer group, which is 12.41.
| Stock name | PE ratio | Market cap |
|---|---|---|
| IVZ Invesco Ltd | 10.38 | $6.61B |
| VRTS Virtus Investment Partners Inc | 10.81 | $1.46B |
| NEWT Newtek Business Services Corp | 13.3 | $360.94M |
| BEN Franklin Resources Inc | 15.54 | $12.41B |
| ARES Ares Management Corp | 63.2 | $31.95B |
The price to earnings ratio for ARES stock as of Sep 28, 2023, stands at 63.19.
As an average over the last 3 years, ARES stock has a PE ratio of 51.73.
As an average over the last 5 years, ARES stock has a PE ratio of 51.82.
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 40% 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 (Sep 28, 2023), Ares Management's stock price is $104.89. The earnings per share for the trailing twelve months (TTM) ending Jun 2023 is $1.66. Therefore, Ares Management's P/E ratio for today is 63.19. PE RATIO(63.19) = STOCK PRICE($104.89) / TTM EPS($1.66)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.