The PE ratio for Axalta Coating Systems stock stands at 31.08 as of Jul 25, 2024. This is calculated based on the current EPS of $1.11 and the stock price of $34.5 per share. An increase of 6% has been seen in the P/E ratio compared to the average of 29.2 of the last 4 quarters.
Over the last ten years, the average PE ratio of Axalta Coating Systems has been 65.79. The current 31.08 PE ratio is 53% below the historical average. Over the past ten years, AXTA's PE ratio was at its highest in the Dec 2014 quarter at 216.83, with a price of $26.02 and an EPS of $0.12. The Mar 2020 quarter recorded the bottom point at 15.84, with a price of $17.27 and an EPS of $1.09.
Maximum annual increase: 148.79% in 2016
Maximum annual decrease: -87.52% in 2018
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 28.07 | -5.23% |
| 2022 | 29.62 | 1.96% |
| 2021 | 29.05 | -47.09% |
| 2020 | 54.9 | 91.42% |
| 2019 | 28.68 | 6.54% |
| 2018 | 26.92 | -87.52% |
| 2017 | 215.73 | 26.9% |
| 2016 | 170 | 148.79% |
| 2015 | 68.33 | -68.49% |
| 2014 | 216.83 | N/A |
AXTA's current P/E ratio is above the 3-year historical average, but it is below the 5-year average.
AXTA's PE ratio is lower than its peer stock SHW, but it is greater than PPG's and RPM's.
| Stock name | PE ratio | Market cap |
|---|---|---|
| PPG Ppg Industries Inc | 20.81 | $29.76B |
| RPM Rpm International Inc | 25.67 | $15.14B |
| AXTA Axalta Coating Systems Ltd | 31.41 | $7.69B |
| SHW Sherwin Williams Co | 35.13 | $88.09B |
AXTA's price to earnings ratio is 31.08 as of Jul 25, 2024.
Over the last 3 years, the average price to earnings ratio for AXTA stock is 27.25.
Over the last 5 years, the average price to earnings ratio for AXTA stock is 34.63.
Over the last ten years, the quarterly PE ratio reached a historic high of 216.83 in the Dec 2014 quarter.
The current price to earnings ratio of AXTA is 53% lower than the 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 (Jul 25, 2024), Axalta Coating Systems's stock price is $34.5. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $1.11. Therefore, Axalta Coating Systems's P/E ratio for today is 31.08. PE RATIO(31.08) = STOCK PRICE($34.5) / TTM EPS($1.11)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.