ASIX AdvanSix PE ratio, current and historical analysis
The P/E ratio for AdvanSix stock stands at 88.64 as of Oct 22, 2024. This is calculated based on the current EPS of $0.33 and the stock price of $29.25 per share. A decrease of 29% has been recorded in the PE ratio compared to the average of 125.5 of the past four quarters.
ASIX PE ratio history
Over the last eight years, the average PE ratio of AdvanSix has been 26.35. The current 88.64 price-to-earnings ratio is in line with the historical average. In the past eight years, ASIX's PE ratio reached its highest point in the Mar 2024 quarter at 408.57, with a price of $28.6 and an EPS of $0.07. The Jun 2022 quarter saw the lowest point at 4.81, with a price of $33.44 and an EPS of $6.95.
AdvanSix PE ratio by year
Maximum annual increase: 142.39% in 2023
Maximum annual decrease: -55.74% in 2017
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 14.98 | 142.39% |
| 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 |
ASIX average PE ratio chart
The current PE ratio of ASIX is above its 3 and 5-year historical averages.
ASIX PE vs peers
| Stock name | PE ratio | Market cap |
|---|---|---|
| ASIX AdvanSix Inc | 88.18 | $777.35M |
| MATV Mativ Holdings Inc | N/A | $852.39M |
| LWLG Lightwave Logic Inc | N/A | $403.19M |
| LOOP Loop Industries Inc | N/A | $72.38M |
Frequently asked questions
What is AdvanSix's PE ratio?
ASIX's price to earnings ratio is 88.64 as of Oct 22, 2024.
What is the 3-year average PE ratio for AdvanSix (ASIX)?
The 3-year average PE ratio for ASIX stock is 50.23.
What is the 5-year average PE ratio for AdvanSix (ASIX)?
The 5-year average PE ratio for ASIX stock is 34.1.
What is the highest PE ratio for ASIX?
In the last eight years, the Mar 2024 quarter recorded the highest quarterly PE ratio at 408.57.
How does the current PE ratio for ASIX compare to its historical average?
The current price to earnings ratio of ASIX is 236% higher than the 8-year historical average.
Why is AdvanSix's PE ratio so high?
ASIX's stock price is trading at a higher multiple of earnings, which is why its PE ratio of 88.64 is considered high.
How is ASIX's PE ratio calculated (AdvanSix PE ratio formula)?
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Oct 22, 2024), AdvanSix's stock price is $29.25. The earnings per share for the trailing twelve months (TTM) ending Jun 2024 is $0.33. Therefore, AdvanSix's price to earnings ratio for today is 88.64. PE RATIO(88.64) = STOCK PRICE($29.25) / TTM EPS($0.33)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.