As of Jul 25, 2024, the ESAB stock's P/E ratio is 25.82. This takes into account the latest EPS of $3.85 and stock price of $99.42. The PE ratio has increased by 11% from its last 4 quarters average of 23.3.
The PE ratio of ESAB has averaged 18.1 over the last three years. The current price-to-earnings ratio of 25.82 is 43% 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.
Maximum annual increase: 101.5% in 2023
Year | PE ratio | Change |
---|---|---|
2023 | 25.55 | 101.5% |
2022 | 12.68 | N/A |
2021 | N/A | N/A |
2020 | N/A | N/A |
2019 | N/A | N/A |
ESAB's PE ratio is above its peer stock LECO.
Stock name | PE ratio | Market cap |
---|---|---|
LECO Lincoln Electric Holdings Inc | 22 | $11.97B |
ESAB ESAB Corp | 25.94 | $6.04B |
ESAB's price to earnings ratio is 25.82 as of Jul 25, 2024.
Over the last three years, the quarterly PE ratio reached its highest level at 28.72 in the Mar 2024 quarter.
ESAB's price to earnings ratio is currently 43% above its 3-year historical average.
The P/E ratio is calculated by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Jul 25, 2024), ESAB's share price is $99.42. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $3.85. Therefore, ESAB's price to earnings ratio for today is 25.82. PE RATIO(25.82) = STOCK PRICE($99.42) / TTM EPS($3.85)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.