As at Jul 25, 2024, the CABO stock has a PE ratio of 7.54. This is based on the current EPS of $45.69 and the stock price of $344.67 per share. A decrease of 70% has been seen in the P/E ratio compared to the average of 24.8 of the last 4 quarters.
The mean historical PE ratio of Cable One over the last nine years is 30.54. The current 7.54 PE ratio is 75% below the historical average. Over the past nine years, CABO's PE ratio was at its highest in the Dec 2019 quarter at 47.33, with a price of $1,488.47 and an EPS of $31.45. The Mar 2024 quarter recorded the bottom point at 9.26, with a price of $423.13 and an EPS of $45.69.
Maximum annual increase: 67.24% in 2019
Maximum annual decrease: -52.26% in 2017
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 11.76 | -34.38% |
| 2022 | 17.92 | -50.73% |
| 2021 | 36.37 | -15.54% |
| 2020 | 43.06 | -9.02% |
| 2019 | 47.33 | 67.24% |
| 2018 | 28.3 | 66.57% |
| 2017 | 16.99 | -52.26% |
| 2016 | 35.59 | 28.76% |
| 2015 | 27.64 | N/A |
| 2014 | N/A | N/A |
The current PE ratio of CABO is below the 3 and 5-year averages.
CABO's PE ratio is lower than its peer stock IDT, but it is greater than CCOI's.
| Stock name | PE ratio | Market cap |
|---|---|---|
| CCOI Cogent Communications Holdings Inc | 2.7 | $3.36B |
| CABO Cable One Inc | 8.65 | $2.22B |
| IDT Idt Corp | 26.91 | $961.36M |
| ATNI ATN International Inc | N/A | $421.91M |
CABO's price to earnings ratio is 7.54 as of Jul 25, 2024.
The average PE ratio for CABO stock over the past 3 years is 25.16.
The average PE ratio for CABO stock over the past 5 years is 32.11.
Over the last nine years, the quarterly PE ratio reached a historic high of 47.33 in the Dec 2019 quarter.
CABO's current price to earnings ratio is 75% below its 9-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 PE ratio is calculated by dividing the most recent price of a stock by its trailing twelve months EPS. As of today (Jul 25, 2024), Cable One's stock price is $344.67. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $45.69. Therefore, Cable One's P/E ratio for today is 7.54. PE RATIO(7.54) = STOCK PRICE($344.67) / TTM EPS($45.69)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.