As of Nov 21, 2024, the Ares Management stock's PE ratio is 79.19. This results from the current EPS of $2.21 and stock price of $175.01. The P/E ratio marks an increase of 29% from the past four quarters average of 61.4.
The PE ratio of Ares Management has averaged 45.92 over the last ten years. The current PE ratio of 79.19 is 72% 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 | 7.03 | $379.06M |
VRTS Virtus Investment Partners Inc | 14.45 | $1.7B |
BEN Franklin Resources Inc | 25.84 | $11.5B |
ARES Ares Management Corp | 79.19 | $54.79B |
IVZ Invesco Ltd | N/A | $7.99B |
The price to earnings ratio for ARES stock as of Nov 21, 2024, stands at 79.19.
As an average over the last 3 years, ARES stock has a PE ratio of 56.73.
As an average over the last 5 years, ARES stock has a PE ratio of 54.64.
Within the last ten years, the current P/E ratio is at its peak with a value of 79.19.
ARES's price to earnings ratio is currently 72% above its 10-year historical average.
A company with a higher PE ratio may indicate that the market has higher growth expectations for the company's future earnings or profitability.
To determine the PE ratio, divide the most recent stock price by the TTM earnings per share (EPS). As of today (Nov 21, 2024), Ares Management's stock price is $175.01. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $2.21. Therefore, Ares Management's P/E ratio for today is 79.19. PE RATIO(79.19) = STOCK PRICE($175.01) / TTM EPS($2.21)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.