The PE ratio for Azz stock stands at 72.83 as of Nov 21, 2024. This is calculated based on the TTM EPS of $1.31 and the stock price of $95.41 per share. An increase of 64% has been observed in the PE ratio compared to its average of 44.4 of the past four quarters.
Over the last ten years, the average PE ratio of Azz has been 28.6. The current 72.83 price-to-earnings ratio is 155% more 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 above its 3, 5 and 10-year averages.
When compared to its peer stocks RBC and VMI, AZZ's PE ratio is higher. Azz's PE ratio is trading above the peer average of 28.55.
Stock name | PE ratio | Market cap |
---|---|---|
NOV National Oilwell Varco Inc | 6.03 | $6.38B |
VMI Valmont Industries Inc | 22.86 | $6.79B |
POWL Powell Industries Inc | 23.02 | $3.46B |
BGC BGC Group Inc | 40.64 | $4.87B |
RBC RBC Bearings Inc. | 46.75 | $10.19B |
AZZ Azz Inc | 72.83 | $2.85B |
AMSC American Superconductor Corp | N/A | $1.34B |
The price to earnings ratio for AZZ stock is 72.83 as of Nov 21, 2024.
The average PE ratio for AZZ stock over the past 3 years is 35.73.
The average PE ratio for AZZ stock over the past 5 years is 35.91.
Over the last ten years, the Nov 2020 quarter recorded the highest quarterly PE ratio at 91.
The current PE ratio of AZZ is 155% higher than the 10-year historical average.
A company with a higher PE ratio may indicate that the market has higher growth expectations for the company's future earnings or profitability.
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Nov 21, 2024), Azz's share price is $95.41. The company's earnings per share for the trailing twelve months (TTM) ending Aug 2024 is $1.31. Therefore, Azz's price to earnings ratio for today is 72.83. PE RATIO(72.83) = STOCK PRICE($95.41) / TTM EPS($1.31)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.