The P/E ratio for AdvanSix stock stands at 7.37 as of Oct 2, 2023. This is calculated based on the current EPS of $4.05 and the stock price of $29.84 per share. An increase of 6% has been recorded in the PE ratio compared to the average of 7.0 of the past four quarters.
Over the last seven years, the average PE ratio of AdvanSix has been 11.66. The current 7.37 price-to-earnings ratio is 37% less than the historical average. In the past seven years, ASIX's PE ratio reached its highest point in the Mar 2017 quarter at 24.39, with a price of $27.32 and an EPS of $1.12. The Jun 2022 quarter saw the lowest point at 4.81, with a price of $33.44 and an EPS of $6.95.
Maximum annual increase: 26.4% in 2018
Maximum annual decrease: -55.74% in 2017
| Year | PE ratio | Change |
|---|---|---|
| 2022 | 6.18 | -35.02% |
| 2021 | 9.51 | -21.99% |
| 2020 | 12.19 | -10.24% |
| 2019 | 13.58 | 22.78% |
| 2018 | 11.06 | 26.4% |
| 2017 | 8.75 | -55.74% |
| 2016 | 19.77 | N/A |
| 2015 | N/A | N/A |
| 2014 | N/A | N/A |
| 2013 | N/A | N/A |
The current PE ratio of ASIX is lower than the 3 and 5-year averages.
| Stock name | PE ratio | Market cap |
|---|---|---|
| ASIX AdvanSix Inc | 7.14 | $787.27M |
| MATV Mativ Holdings Inc | N/A | $725.42M |
ASIX's price to earnings ratio is 7.37 as of Oct 2, 2023.
The 3-year average PE ratio for ASIX stock is 8.21.
The 5-year average PE ratio for ASIX stock is 10.07.
In the last seven years, the Mar 2017 quarter recorded the highest quarterly PE ratio at 24.39.
The current price to earnings ratio of ASIX is 37% lower than the 7-year historical average.
ASIX's stock price is trading at a lower multiple of earnings, which is why its PE ratio of 7.37 is considered low.
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Oct 2, 2023), AdvanSix's stock price is $29.84. The earnings per share for the trailing twelve months (TTM) ending Jun 2023 is $4.05. Therefore, AdvanSix's price to earnings ratio for today is 7.37. PE RATIO(7.37) = STOCK PRICE($29.84) / TTM EPS($4.05)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.