The price-to-earnings ratio for Autozone stock stands at 20.52 as of Apr 29, 2024. This results from the current EPS of $146.11 and stock price of $2,998.78. An increase of 9% has been recorded in the P/E ratio compared to the average of 18.9 of the last 4 quarters.
Over the last ten years, the average PE ratio of Autozone has been 17.11. The current 20.52 PE ratio is 20% above the historical average. In the past ten years, AZO's PE ratio was at its highest in the Nov 2015 quarter at 20.72, with a price of $783.82 and an EPS of $37.83. The Aug 2017 quarter recorded the bottom point at 11.74, with a price of $528.95 and an EPS of $45.05.
Maximum annual increase: 32.37% in 2018
Maximum annual decrease: -35.32% in 2017
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 17.96 | 0.34% |
| 2022 | 17.9 | 12.79% |
| 2021 | 15.87 | -1.73% |
| 2020 | 16.15 | -5.06% |
| 2019 | 17.01 | 9.46% |
| 2018 | 15.54 | 32.37% |
| 2017 | 11.74 | -35.32% |
| 2016 | 18.15 | -8.15% |
| 2015 | 19.76 | 17.97% |
| 2014 | 16.75 | 12.79% |
AZO's current P/E ratio is above the 3, 5 and 10-year historical averages.
AZO's PE ratio is lower than its peer stocks ORLY and AAP, but it is greater than HZO's.
| Stock name | PE ratio | Market cap |
|---|---|---|
| HZO Marinemax Inc | 9.2 | $580.95M |
| AZO Autozone Inc | 20.52 | $51.89B |
| MNRO Monro Inc | 25.87 | $835.47M |
| ORLY O Reilly Automotive Inc | 26.73 | $61.22B |
| AAP Advance Auto Parts Inc | 150.84 | $4.49B |
| PRTS CarPartscom Inc | N/A | $70.75M |
The price to earnings ratio for AZO stock is 20.52 as of Apr 29, 2024.
As an average over the last 3 years, AZO stock has a PE ratio of 18.14.
As an average over the last 5 years, AZO stock has a PE ratio of 17.36.
Over the last ten years, the quarterly PE ratio reached a historic high of 20.72 in the Nov 2015 quarter.
AZO's price to earnings ratio is currently 20% above its 10-year historical average.
The PE ratio is calculated by dividing the most recent price of a stock by its trailing twelve months EPS. As of today (Apr 29, 2024), Autozone's stock price is $2,998.78. The earnings per share for the trailing twelve months (TTM) ending Feb 2024 is $146.11. Therefore, Autozone's P/E ratio for today is 20.52. PE RATIO(20.52) = STOCK PRICE($2,998.78) / TTM EPS($146.11)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.