The P/E ratio for Dole stock stands at 6.72 as of May 17, 2024. This is calculated based on the TTM EPS of $1.91 and the stock price of $12.83 per share. A decrease of 29% has been observed in the PE ratio compared to its average of 9.5 of the past four quarters.
Over the last three years, the average PE ratio of Dole has been 12.77. The current 6.72 price-to-earnings ratio is 47% less than the historical average. Analyzing the last three years, DOLE's PE ratio reached its highest point in the Sep 2021 quarter at 24.23, with a price of $16.96 and an EPS of $0.7. The Mar 2024 quarter saw the lowest point at 6.25, with a price of $11.93 and an EPS of $1.91.
Maximum annual decrease: -11.51% in 2023
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 9.38 | -11.51% |
| 2022 | 10.6 | N/A |
| 2021 | N/A | N/A |
| 2020 | N/A | N/A |
| 2019 | N/A | N/A |
| 2018 | N/A | N/A |
| Stock name | PE ratio | Market cap |
|---|---|---|
| DOLE Dole plc | 6.72 | $1.22B |
| CVGW Calavo Growers Inc | N/A | $488.62M |
DOLE's price to earnings ratio is 6.72 as of May 17, 2024.
Over the last three years, the Sep 2021 quarter recorded the highest quarterly PE ratio at 24.23.
The current PE ratio of DOLE is 47% lower than the 3-year historical average.
DOLE's PE ratio of 6.72 is considered low because the company's stock price is trading at a lower multiple of earnings.
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (May 17, 2024), Dole's share price is $12.83. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $1.91. Therefore, Dole's price to earnings ratio for today is 6.72. PE RATIO(6.72) = STOCK PRICE($12.83) / TTM EPS($1.91)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.