ESAB ESAB PE ratio, current and historical analysis
As of Feb 4, 2025, the ESAB stock's P/E ratio is 28.29. This takes into account the latest EPS of $4.3 and stock price of $121.64. The PE ratio has increased by 11% from its last 4 quarters average of 25.5.
ESAB PE ratio history
The PE ratio of ESAB has averaged 19.24 over the last three years. The current price-to-earnings ratio of 28.29 is 47% more than the historical average. Analyzing the last three years, ESAB's PE ratio reached its highest point in the Mar 2024 quarter at 28.72, when the price was $110.57 and the EPS was $3.85. The lowest point was recorded in the Sep 2022 quarter, when it reached 8.49 with a price of $33.36 and an EPS of $3.93.
ESAB PE ratio by year
Maximum annual increase: 101.5% in 2023
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2023 | 25.55 | 101.5% | $86.62 | $3.39 |
| 2022 | 12.68 | N/A | $46.92 | $3.7 |
| 2021 | N/A | N/A | N/A | $3.92 |
| 2020 | N/A | N/A | N/A | $2.62 |
| 2019 | N/A | N/A | N/A | N/A |
ESAB PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Sep 2024 | 24.77 | 8.36% | $106.51 | $4.3 |
| Jun 2024 | 22.86 | -20.4% | $94.43 | $4.13 |
| Mar 2024 | 28.72 | 12.41% | $110.57 | $3.85 |
| Dec 2023 | 25.55 | 29.17% | $86.62 | $3.39 |
| Sep 2023 | 19.78 | 2.86% | $70.22 | $3.55 |
| Jun 2023 | 19.23 | 7.43% | $66.54 | $3.46 |
| Mar 2023 | 17.9 | 41.17% | $59.07 | $3.3 |
| Dec 2022 | 12.68 | 49.35% | $46.92 | $3.7 |
| Sep 2022 | 8.49 | -31.81% | $33.36 | $3.93 |
| Jul 2022 | 12.45 | N/A | $43.82 | $3.52 |
| Apr 2022 | N/A | N/A | N/A | $3.89 |
| Dec 2021 | N/A | N/A | N/A | $3.92 |
| Oct 2021 | N/A | N/A | N/A | N/A |
| Jul 2021 | N/A | N/A | N/A | N/A |
| Apr 2021 | N/A | N/A | N/A | N/A |
ESAB average PE ratio chart
ESAB PE vs peers
ESAB's PE ratio is above its peer stock LECO.
| Stock name | PE ratio | Market cap |
|---|---|---|
| LECO Lincoln Electric Holdings Inc | 22.8 | $10.91B |
| ESAB ESAB Corp | 28.29 | $7.35B |
Frequently asked questions
What is ESAB's PE ratio?
ESAB's price to earnings ratio is 28.29 as of Feb 4, 2025.
What is the highest PE ratio for ESAB?
Over the last three years, the quarterly PE ratio reached its highest level at 28.72 in the Mar 2024 quarter.
How does the current PE ratio for ESAB compare to its historical average?
ESAB's price to earnings ratio is currently 47% above its 3-year historical average.
How is ESAB's PE ratio calculated (ESAB PE ratio formula)?
The P/E ratio is calculated by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Feb 4, 2025), ESAB's share price is $121.64. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $4.3. Therefore, ESAB's price to earnings ratio for today is 28.29. PE RATIO(28.29) = STOCK PRICE($121.64) / TTM EPS($4.3)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.