AX Axos Financial PE ratio, current and historical analysis
As of Nov 21, 2024, the Axos Financial stock's PE ratio is 9.78. This takes into account the latest EPS of $8.4 and stock price of $82.12. The PE ratio marks an increase of 30% from its last 4 quarters average of 7.5.
AX PE ratio history
The PE ratio of Axos Financial has averaged 11.69 over the last ten years. The current P/E ratio of 9.78 is 16% lower than the historical average. Looking back at the last ten years, AX's PE ratio peaked in the Sep 2015 quarter at 22.21, when the price was $32.21 and the EPS was $1.45. The lowest point was in the Mar 2020 quarter, when it reached 6.23 with a price of $18.13 and an EPS of $2.91.
Axos Financial PE ratio by year
Maximum annual increase: 73.57% in 2021
Maximum annual decrease: -51.63% in 2016
| Year | PE ratio | Change |
|---|---|---|
| 2024 | 7.31 | -4.57% |
| 2023 | 7.66 | -13.64% |
| 2022 | 8.87 | -30.38% |
| 2021 | 12.74 | 73.57% |
| 2020 | 7.34 | -32.66% |
| 2019 | 10.9 | -35.81% |
| 2018 | 16.98 | 51.07% |
| 2017 | 11.24 | 18.69% |
| 2016 | 9.47 | -51.63% |
| 2015 | 19.58 | 3.38% |
AX average PE ratio chart
Currently, AX's PE ratio is higher than its 3 and 5-year averages, but it is lower than its 10-year average.
AX PE vs peers
In comparison to its peer stocks NRIM and NKSH, AX's PE ratio is lower.
| Stock name | PE ratio | Market cap |
|---|---|---|
| AX Axos Financial Inc | 9.78 | $4.69B |
| NRIM Northrim Bancorp Inc | 14.37 | $468.11M |
| NKSH National Bankshares Inc | 21.04 | $195.38M |
Frequently asked questions
What is Axos Financial's PE ratio?
AX stock has a price to earnings ratio of 9.78 as of Nov 21, 2024.
What is the 3-year average PE ratio for Axos Financial (AX)?
The 3-year average price to earnings ratio for AX stock is 8.73.
What is the 5-year average PE ratio for Axos Financial (AX)?
The 5-year average price to earnings ratio for AX stock is 9.38.
What is the highest PE ratio for AX?
Over the last ten years, the Sep 2015 quarter recorded the highest quarterly PE ratio at 22.21.
How does the current PE ratio for AX compare to its historical average?
AX's price to earnings ratio is currently 16% below its 10-year historical average.
Why is Axos Financial's PE ratio so low?
AX's PE ratio is low because its earnings per share (EPS) is high relative to its stock price.
How is AX's PE ratio calculated (Axos Financial PE ratio formula)?
You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (Nov 21, 2024), Axos Financial's share price is $82.12. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $8.4. Therefore, Axos Financial's PE ratio for today is 9.78. PE RATIO(9.78) = STOCK PRICE($82.12) / TTM EPS($8.4)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.