ATKR Atkore PE ratio, current and historical analysis
As of Nov 21, 2024, the Atkore stock's P/E ratio is 5.9. This takes into account the latest EPS of $14.43 and stock price of $85.14. The PE ratio has decreased by 40% from its last 4 quarters average of 9.8.
ATKR PE ratio history
The PE ratio of Atkore has averaged 11.85 over the last nine years. The current price-to-earnings ratio of 5.9 is 50% 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.
Atkore PE ratio by year
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 |
ATKR average PE ratio chart
The current PE ratio of ATKR is under its 3 and 5-year averages.
ATKR PE vs peers
When compared to its peer stock HUBB, ATKR's PE ratio is lower.
| Stock name | PE ratio | Market cap |
|---|---|---|
| ATKR Atkore Inc | 5.9 | $3.05B |
| HUBB Hubbell Inc | 32.65 | $24.5B |
| AMSC American Superconductor Corp | N/A | $1.34B |
Frequently asked questions
What is Atkore's PE ratio?
As of Nov 21, 2024, ATKR stock has a price to earnings ratio of 5.9.
What is the 3-year average PE ratio for Atkore (ATKR)?
As an average over the last 3 years, ATKR stock has a PE ratio of 7.35.
What is the 5-year average PE ratio for Atkore (ATKR)?
As an average over the last 5 years, ATKR stock has a PE ratio of 8.03.
What is the highest PE ratio for ATKR?
Over the last nine years, the quarterly PE ratio reached its highest level at 61.81 in the Jun 2016 quarter.
How does the current PE ratio for ATKR compare to its historical average?
ATKR's price to earnings ratio is currently 50% below its 9-year historical average.
Why is Atkore's PE ratio so low?
ATKR's PE ratio is low because its earnings per share (EPS) is high relative to its stock price.
How is ATKR's PE ratio calculated (Atkore PE ratio formula)?
The P/E ratio is calculated by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Nov 21, 2024), Atkore's share price is $85.14. The company's earnings per share for the trailing twelve months (TTM) ending Jun 2024 is $14.43. Therefore, Atkore's price to earnings ratio for today is 5.9. PE RATIO(5.9) = STOCK PRICE($85.14) / TTM EPS($14.43)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.