As of Apr 26, 2024, the Armstrong World Industries stock's price-to-earnings ratio is 23.4. This results from the current EPS of $5 and stock price of $116.98. The P/E ratio has increased by 43% from the past four quarters average of 16.4.
The PE ratio of Armstrong World Industries has averaged 27.56 over the last ten years. The current PE ratio of 23.4 is 15% below the historical average. In the past ten years, AWI's PE ratio was at its highest in the Jun 2016 quarter at 87, when the stock price was $39.15 and the EPS was $0.45. The lowest value was in the Sep 2023 quarter, when it reached 14.34 with a price of $72 and an EPS of $5.02.
Maximum annual increase: 32.51% in 2019
Maximum annual decrease: -48.21% in 2022
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 19.66 | 25.54% |
| 2022 | 15.66 | -48.21% |
| 2021 | 30.24 | N/A |
| 2020 | N/A | N/A |
| 2019 | 21.36 | 32.51% |
| 2018 | 16.12 | -40.63% |
| 2017 | 27.15 | 22.13% |
| 2016 | 22.23 | -17.85% |
| 2015 | 27.06 | -39.12% |
| 2014 | 44.45 | 25% |
The current PE ratio of AWI is greater than its 3 and 5-year historical averages, but it is lower than the 10-year average.
AWI's PE ratio is higher than its peer stocks MAS and PATK.
| Stock name | PE ratio | Market cap |
|---|---|---|
| PATK Patrick Industries Inc | 15.89 | $2.36B |
| MAS Masco Corp | 17.08 | $15.38B |
| AWI Armstrong World Industries Inc | 23.4 | $5.12B |
| MHK Mohawk Industries Inc | N/A | $7.37B |
AWI's price to earnings ratio is 23.4 as of Apr 26, 2024.
Over the last 3 years, the average price to earnings ratio for AWI stock is 20.89.
Over the last 5 years, the average price to earnings ratio for AWI stock is 21.66.
In the last ten years, the Jun 2016 quarter recorded the highest quarterly PE ratio at 87.
AWI's price to earnings ratio is currently 15% below its 10-year historical average.
To determine the PE ratio, divide the most recent stock price by the TTM earnings per share (EPS). As of today (Apr 26, 2024), Armstrong World Industries's stock price is $116.98. The earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $5. Therefore, Armstrong World Industries's P/E ratio for today is 23.4. PE RATIO(23.4) = STOCK PRICE($116.98) / TTM EPS($5)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.