The current P/E ratio for Clorox stock as of May 1, 2024 is 71.97. This is calculated based on the current EPS of $1.94 and the stock price of $139.63 per share. The PE ratio has decreased by 54% from the past four quarters average of 155.1.
The average historical PE ratio of Clorox for the last ten years is 46.93. The current price-to-earnings ratio of 71.97 is 53% more than the historical average. In the past ten years, CLX's PE ratio reached its highest point in the Mar 2023 quarter at 259.41, when the stock price was $158.24 and the EPS was $0.61. The lowest point was recorded in the Dec 2020 quarter, when it reached 20.8 with a price of $201.92 and an EPS of $9.71.
Maximum annual increase: 249.67% in 2023
Maximum annual decrease: -13.49% in 2018
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 131.44 | 249.67% |
| 2022 | 37.59 | 18.24% |
| 2021 | 31.79 | 8.09% |
| 2020 | 29.41 | 23.31% |
| 2019 | 23.85 | 12.34% |
| 2018 | 21.23 | -13.49% |
| 2017 | 24.54 | -11.15% |
| 2016 | 27.62 | 18.14% |
| 2015 | 23.38 | 10.23% |
| 2014 | 21.21 | 11.46% |
The current PE ratio of CLX is above its 5 and 10-year historical averages, but it is lower than the 3-year average.
CLX's PE ratio is above its peer stock CHD.
| Stock name | PE ratio | Market cap |
|---|---|---|
| CHD Church & Dwight Co Inc | 34.39 | $25.9B |
| CLX Clorox Co | 71.97 | $17.34B |
The price to earnings ratio for CLX stock is 71.97 as of May 1, 2024.
As an average over the last 3 years, CLX stock has a PE ratio of 99.87.
As an average over the last 5 years, CLX stock has a PE ratio of 69.74.
Over the last ten years, the quarterly PE ratio reached a historic high of 259.41 in the Mar 2023 quarter.
The current price to earnings ratio of CLX is 53% 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.
You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months earnings per share(EPS). As of today (May 1, 2024), Clorox's stock price is $139.63. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $1.94. Therefore, Clorox's price to earnings ratio for today is 71.97. PE RATIO(71.97) = STOCK PRICE($139.63) / TTM EPS($1.94)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.