The PE ratio for EMCOR Group stock stands at 23.33 as of May 1, 2024. The calculation is based on the latest EPS of $15.23 and the stock price of $355.24 per share. An increase of 23% has been observed in the PE ratio compared to its average of 18.9 of the last four quarters.
Over the last ten years, the average PE ratio of EMCOR Group has been 19.12. The current 23.33 P/E ratio is 22% higher than the historical average. Looking back at the last ten years, EME's PE ratio peaked in the Mar 2021 quarter at 43.47, with a price of $112.16 and an EPS of $2.58. The Mar 2020 quarter marked the lowest point at 10.5, with a price of $61.32 and an EPS of $5.84.
Maximum annual increase: 154.19% in 2020
Maximum annual decrease: -52.65% in 2021
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 16.11 | -11.58% |
| 2022 | 18.22 | 1.39% |
| 2021 | 17.97 | -52.65% |
| 2020 | 37.95 | 154.19% |
| 2019 | 14.93 | 22.08% |
| 2018 | 12.23 | -42.56% |
| 2017 | 21.29 | -9.75% |
| 2016 | 23.59 | 34.57% |
| 2015 | 17.53 | 0.06% |
| 2014 | 17.52 | -23.63% |
The current PE ratio of EME is higher than its 3, 5 and 10-year averages.
EME's PE ratio stands lower than its peer stocks PWR and FIX, but it is higher than DY's. EMCOR Group is currently trading at a lower PE ratio (23.33) than its peers average of 30.83.
| Stock name | PE ratio | Market cap |
|---|---|---|
| DY Dycom Industries Inc | 18.78 | $4.08B |
| EME EMCOR Group Inc | 23.39 | $16.74B |
| IESC IES Holdings Inc | 25.71 | $2.77B |
| FIX Comfort Systems Usa Inc | 30.38 | $10.99B |
| PWR Quanta Services Inc | 49.71 | $37.17B |
| FLR Fluor Corp | 74.98 | $7.03B |
| TPC Tutor Perini Corp | N/A | $909.22M |
EME's price to earnings ratio is 23.33 as of May 1, 2024.
The average PE ratio for EME stock over the past 3 years is 17.86.
The average PE ratio for EME stock over the past 5 years is 20.16.
Over the last ten years, the Mar 2021 quarter recorded the highest quarterly PE ratio at 43.47.
EME's current price to earnings ratio is 22% above its 10-year historical average.
You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (May 1, 2024), EMCOR Group's share price is $355.24. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $15.23. Therefore, EMCOR Group's PE ratio for today is 23.33. PE RATIO(23.33) = STOCK PRICE($355.24) / TTM EPS($15.23)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.