As of Dec 20, 2024, the Atkore stock's P/E ratio is 6.5. This takes into account the latest EPS of $12.83 and stock price of $83.4. The PE ratio has decreased by 30% from its last 4 quarters average of 9.3.
The PE ratio of Atkore has averaged 11.69 over the last nine years. The current price-to-earnings ratio of 6.5 is 44% less than the historical average. Analyzing the last nine years, ATKR's PE ratio reached its highest point in the Jun 2016 quarter at 61.81, when the price was $16.07 and the EPS was $0.26. The lowest point was recorded in the Sep 2022 quarter, when it reached 3.78 with a price of $77.81 and an EPS of $20.56.
Maximum annual increase: 125.4% in 2023
Maximum annual decrease: -46.15% in 2022
Year | PE ratio | Change |
---|---|---|
2024 | 6.6 | -22.54% |
2023 | 8.52 | 125.4% |
2022 | 3.78 | -46.15% |
2021 | 7.02 | -2.77% |
2020 | 7.22 | -30.78% |
2019 | 10.43 | 1.86% |
2018 | 10.24 | -30.2% |
2017 | 14.67 | -26.43% |
2016 | 19.94 | N/A |
2015 | N/A | N/A |
The current PE ratio of ATKR is under its 3 and 5-year averages.
When compared to its peer stock HUBB, ATKR's PE ratio is lower.
Stock name | PE ratio | Market cap |
---|---|---|
ATKR Atkore Inc | 6.5 | $2.91B |
HUBB Hubbell Inc | 30.53 | $22.91B |
AMSC American Superconductor Corp | N/A | $992.25M |
As of Dec 20, 2024, ATKR stock has a price to earnings ratio of 6.5.
As an average over the last 3 years, ATKR stock has a PE ratio of 7.29.
As an average over the last 5 years, ATKR stock has a PE ratio of 7.96.
Over the last nine years, the quarterly PE ratio reached its highest level at 61.81 in the Jun 2016 quarter.
ATKR's price to earnings ratio is currently 44% below its 9-year historical average.
ATKR's PE ratio is low because its earnings per share (EPS) is high relative to its stock price.
The P/E ratio is calculated by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Dec 20, 2024), Atkore's share price is $83.4. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $12.83. Therefore, Atkore's price to earnings ratio for today is 6.5. PE RATIO(6.5) = STOCK PRICE($83.4) / TTM EPS($12.83)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.