As of May 2, 2024, the ARW stock has a P/E ratio of 7.66. The calculation is based on the latest EPS of $16.03 and the stock price of $122.71 per share. An increase of 11% has been observed in the PE ratio compared to its average of 6.9 of the past four quarters.
The mean historical PE ratio of Arrow Electronics over the last ten years is 10.66. The current 7.66 price-to-earnings ratio is 28% less than the historical average. Analyzing the last ten years, ARW's PE ratio reached its highest point in the Dec 2017 quarter at 17.71, with a price of $80.41 and an EPS of $4.54. The Oct 2022 quarter saw the lowest point at 4.28, with a price of $92.19 and an EPS of $21.56.
Maximum annual increase: 60.63% in 2023
Maximum annual decrease: -52.46% in 2018
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 7.63 | 60.63% |
| 2022 | 4.75 | -45.9% |
| 2021 | 8.78 | -32.41% |
| 2020 | 12.99 | N/A |
| 2019 | N/A | N/A |
| 2018 | 8.42 | -52.46% |
| 2017 | 17.71 | 42.82% |
| 2016 | 12.4 | 20.39% |
| 2015 | 10.3 | -10.12% |
| 2014 | 11.46 | -17.85% |
ARW's current PE ratio is higher than the 3-year average, but it is under its 5 and 10-year averages.
ARW's PE ratio is less than its peer stocks IBM and SNX, but it is above AVT's. Arrow Electronics is currently trading at a lower PE ratio (7.66) than its peers average of 19.35.
| Stock name | PE ratio | Market cap |
|---|---|---|
| AVT Avnet Inc | 6.62 | $4.4B |
| ARW Arrow Electronics Inc | 7.66 | $6.6B |
| SNX Synnex Corp | 16.9 | $10.21B |
| IBM International Business Machines Corp | 18.36 | $151.28B |
| RELL Richardson Electronics Ltd | 35.53 | $152.21M |
ARW stock has a price to earnings ratio of 7.66 as of May 2, 2024.
As an average over the last 3 years, ARW stock has a PE ratio of 6.95.
As an average over the last 5 years, ARW stock has a PE ratio of 8.55.
The highest quarterly PE ratio in the last ten years has been 17.71 and it was in the Dec 2017 quarter.
ARW's current price to earnings ratio is 28% below its 10-year historical average.
ARW's PE ratio of 7.66 is considered low because the company's stock price is trading at a lower multiple of earnings.
The P/E ratio is calculated by taking the latest stock price and dividing it by the earnings per share(EPS) for the last 12 months. As of today (May 2, 2024), Arrow Electronics's share price is $122.71. The company's earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $16.03. Therefore, Arrow Electronics's price to earnings ratio for today is 7.66. PE RATIO(7.66) = STOCK PRICE($122.71) / TTM EPS($16.03)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.