As at May 3, 2024, the BALL stock has a price-to-earnings ratio of 30.48. This is based on the current EPS of $2.25 and the stock price of $68.59 per share. An increase of 8% has been recorded in the PE ratio compared to the average of 28.1 of the past four quarters.
The mean historical PE ratio of Ball over the last ten years is 35.82. The current 30.48 price-to-earnings ratio is 15% less than the historical average. In the past ten years, BALL's PE ratio reached its highest point in the Mar 2016 quarter at 72.74, with a price of $35.65 and an EPS of $0.49. The Sep 2022 quarter saw the lowest point at 16.11, with a price of $48.32 and an EPS of $3.
Maximum annual increase: 77.81% in 2015
Maximum annual decrease: -37.05% in 2022
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 25.56 | 13.45% |
| 2022 | 22.53 | -37.05% |
| 2021 | 35.79 | -31.25% |
| 2020 | 52.06 | 37.65% |
| 2019 | 37.82 | 8.58% |
| 2018 | 34.83 | -1.53% |
| 2017 | 35.37 | -21.78% |
| 2016 | 45.22 | 26.84% |
| 2015 | 35.65 | 77.81% |
| 2014 | 20.05 | 8.67% |
BALL's current P/E ratio is above the 3-year average, but it is lower than the 5 and 10-year averages.
BALL's PE ratio is above its peer stocks CCK and SLGN.
| Stock name | PE ratio | Market cap |
|---|---|---|
| SLGN Silgan Holdings Inc | 15.43 | $4.93B |
| CCK Crown Holdings Inc | 21.87 | $9.96B |
| BALL Ball Corp. | 30.48 | $21.65B |
The price to earnings ratio for BALL stock as of May 3, 2024, stands at 30.48.
As an average over the last 3 years, BALL stock has a PE ratio of 28.15.
As an average over the last 5 years, BALL stock has a PE ratio of 35.97.
In the last ten years, the Mar 2016 quarter recorded the highest quarterly PE ratio at 72.74.
BALL's current price to earnings ratio is 15% below its 10-year historical average.
The P/E ratio is calculated by taking the latest stock price and dividing it by the earnings per share(EPS) for the last 12 months. As of today (May 3, 2024), Ball's stock price is $68.59. The earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $2.25. Therefore, Ball's price to earnings ratio for today is 30.48. PE RATIO(30.48) = STOCK PRICE($68.59) / TTM EPS($2.25)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.