As at Nov 21, 2024, the BALL stock has a price-to-earnings ratio of 4.56. This is based on the current EPS of $13.35 and the stock price of $60.83 per share. A decrease of 55% has been recorded in the PE ratio compared to the average of 10.0 of the past four quarters.
The mean historical PE ratio of Ball over the last ten years is 34.41. The current 4.56 price-to-earnings ratio is 87% 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 Jun 2024 quarter saw the lowest point at 4.5, with a price of $60.02 and an EPS of $13.34.
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 lower than the 3, 5 and 10-year averages.
BALL's PE ratio is below its peer stocks CCK and SLGN.
Stock name | PE ratio | Market cap |
---|---|---|
BALL Ball Corp. | 4.56 | $18.15B |
SLGN Silgan Holdings Inc | 20 | $5.94B |
CCK Crown Holdings Inc | 112.36 | $10.89B |
The price to earnings ratio for BALL stock as of Nov 21, 2024, stands at 4.56.
As an average over the last 3 years, BALL stock has a PE ratio of 21.45.
As an average over the last 5 years, BALL stock has a PE ratio of 30.48.
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 87% below its 10-year historical average.
A company with a lower PE ratio may indicate that the market has lower growth expectations for the company's future earnings.
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 (Nov 21, 2024), Ball's stock price is $60.83. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $13.35. Therefore, Ball's price to earnings ratio for today is 4.56. PE RATIO(4.56) = STOCK PRICE($60.83) / TTM EPS($13.35)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.