The price-to-earnings ratio for Autozone stock stands at 20.79 as of Jul 26, 2024. This results from the current EPS of $148.62 and stock price of $3,090.31. An increase of 11% has been recorded in the P/E ratio compared to the average of 18.7 of the last 4 quarters.
Over the last ten years, the average PE ratio of Autozone has been 17.17. The current 20.79 PE ratio is 21% 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 | 16.76 | $830.24M |
| AZO Autozone Inc | 20.79 | $52.79B |
| MNRO Monro Inc | 22.29 | $786.8M |
| ORLY O Reilly Automotive Inc | 27.93 | $65.39B |
| AAP Advance Auto Parts Inc | 225.04 | $3.62B |
| PRTS CarPartscom Inc | N/A | $70.87M |
The price to earnings ratio for AZO stock is 20.79 as of Jul 26, 2024.
As an average over the last 3 years, AZO stock has a PE ratio of 18.44.
As an average over the last 5 years, AZO stock has a PE ratio of 17.45.
Within the last ten years, the current P/E ratio is at its peak with a value of 20.79.
AZO's price to earnings ratio is currently 21% 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 (Jul 26, 2024), Autozone's stock price is $3,090.31. The earnings per share for the trailing twelve months (TTM) ending May 2024 is $148.62. Therefore, Autozone's P/E ratio for today is 20.79. PE RATIO(20.79) = STOCK PRICE($3,090.31) / TTM EPS($148.62)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.