The PE ratio for Azz stock stands at 21.33 as of May 2, 2024. This is calculated based on the TTM EPS of $3.48 and the stock price of $74.22 per share.
Over the last ten years, the average PE ratio of Azz has been 25.91. The current 21.33 price-to-earnings ratio is 18% less than the historical average. Analyzing the last ten years, AZZ's PE ratio reached its highest point in the Nov 2020 quarter at 91, with a price of $44.59 and an EPS of $0.49. The May 2022 quarter saw the lowest point at 11.54, with a price of $44.76 and an EPS of $3.88.
Maximum annual increase: 66.53% in 2021
Maximum annual decrease: -56.36% in 2022
| Year | PE ratio | Change |
|---|---|---|
| 2024 | 20.92 | N/A |
| 2023 | N/A | N/A |
| 2022 | 14.57 | -56.36% |
| 2021 | 33.39 | 66.53% |
| 2020 | 20.05 | -14.17% |
| 2019 | 23.36 | -0.51% |
| 2018 | 23.48 | -5.51% |
| 2017 | 24.85 | 44.14% |
| 2016 | 17.24 | -2.82% |
| 2015 | 17.74 | -6.43% |
Currently, AZZ's PE ratio is under its 3, 5 and 10-year averages.
When compared to its peers RBC and VMI, AZZ's PE ratio is lower, but it is higher than NOV's and BGC's. Azz's PE ratio is trading above the peer average of 20.69.
| Stock name | PE ratio | Market cap |
|---|---|---|
| BGC BGC Group Inc | 0 | $3.98B |
| NOV National Oilwell Varco Inc | 7.42 | $7.34B |
| POWL Powell Industries Inc | 18.72 | $1.93B |
| AZZ Azz Inc | 21.33 | $1.86B |
| VMI Valmont Industries Inc | 35.7 | $4.94B |
| RBC RBC Bearings Inc. | 41.59 | $7.33B |
| AMSC American Superconductor Corp | N/A | $399.27M |
The price to earnings ratio for AZZ stock is 21.33 as of May 2, 2024.
The average PE ratio for AZZ stock over the past 3 years is 25.05.
The average PE ratio for AZZ stock over the past 5 years is 29.91.
Over the last ten years, the Nov 2020 quarter recorded the highest quarterly PE ratio at 91.
The current PE ratio of AZZ is 18% lower than the 10-year historical average.
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (May 2, 2024), Azz's share price is $74.22. The company's earnings per share for the trailing twelve months (TTM) ending Feb 2024 is $3.48. Therefore, Azz's price to earnings ratio for today is 21.33. PE RATIO(21.33) = STOCK PRICE($74.22) / TTM EPS($3.48)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.