As of May 1, 2024, the Atkore stock's P/E ratio is 10.34. This takes into account the latest EPS of $16.93 and stock price of $175. The PE ratio has increased by 24% from its last 4 quarters average of 8.3.
The PE ratio of Atkore has averaged 11.93 over the last eight years. The current price-to-earnings ratio of 10.34 is 13% less than the historical average. Analyzing the last eight 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 |
|---|---|---|
| 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 |
| 2014 | N/A | N/A |
The current PE ratio of ATKR is above 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 | 10.34 | $6.43B |
| HUBB Hubbell Inc | 27.65 | $20.04B |
| AMSC American Superconductor Corp | N/A | $388.51M |
As of May 1, 2024, ATKR stock has a price to earnings ratio of 10.34.
As an average over the last 3 years, ATKR stock has a PE ratio of 6.79.
As an average over the last 5 years, ATKR stock has a PE ratio of 7.99.
Over the last eight 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 13% below its 8-year historical average.
The P/E ratio is calculated by dividing the latest price of a stock by its trailing twelve months EPS. As of today (May 1, 2024), Atkore's share price is $175. The company's earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $16.93. Therefore, Atkore's price to earnings ratio for today is 10.34. PE RATIO(10.34) = STOCK PRICE($175) / TTM EPS($16.93)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.