DOLE Dole PE ratio, current and historical analysis
The P/E ratio for Dole stock stands at 7.71 as of Nov 21, 2024. This is calculated based on the TTM EPS of $1.98 and the stock price of $15.26 per share. An increase of 6% has been observed in the PE ratio compared to its average of 7.3 of the past four quarters.
DOLE PE ratio history
Over the last four years, the average PE ratio of Dole has been 11.57. The current 7.71 price-to-earnings ratio is 33% less than the historical average. Analyzing the last four 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 Jun 2024 quarter saw the lowest point at 5.3, with a price of $12.24 and an EPS of $2.31.
Dole PE ratio by year
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 |
DOLE average PE ratio chart
Currently, DOLE's PE ratio is under its 3-year average.
DOLE PE vs peers
| Stock name | PE ratio | Market cap |
|---|---|---|
| DOLE Dole plc | 7.71 | $1.45B |
| CVGW Calavo Growers Inc | N/A | $483.31M |
Frequently asked questions
What is Dole's PE ratio?
DOLE's price to earnings ratio is 7.71 as of Nov 21, 2024.
What is the 3-year average PE ratio for Dole (DOLE)?
The average PE ratio for DOLE stock over the past 3 years is 10.16.
What is the highest PE ratio for DOLE?
Over the last four years, the Sep 2021 quarter recorded the highest quarterly PE ratio at 24.23.
How does the current PE ratio for DOLE compare to its historical average?
The current PE ratio of DOLE is 33% lower than the 4-year historical average.
Why is Dole's PE ratio so low?
DOLE's PE ratio of 7.71 is considered low because the company's stock price is trading at a lower multiple of earnings.
How is DOLE's PE ratio calculated (Dole PE ratio formula)?
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Nov 21, 2024), Dole's share price is $15.26. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $1.98. Therefore, Dole's price to earnings ratio for today is 7.71. PE RATIO(7.71) = STOCK PRICE($15.26) / TTM EPS($1.98)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.