As of May 17, 2024, the ESAB stock's P/E ratio is 28.06. This takes into account the latest EPS of $3.85 and stock price of $108.03. The PE ratio has increased by 20% from its last 4 quarters average of 23.3.
The PE ratio of ESAB has averaged 18.1 over the last two years. The current price-to-earnings ratio of 28.06 is 55% more than the historical average. Analyzing the last two 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 | 23.74 | $12.92B |
| ESAB ESAB Corp | 28.06 | $6.53B |
| BURU Nuburu Inc | N/A | $8.09M |
ESAB's price to earnings ratio is 28.06 as of May 17, 2024.
Over the last two 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 55% above its 2-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 (May 17, 2024), ESAB's share price is $108.03. 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 28.06. PE RATIO(28.06) = STOCK PRICE($108.03) / TTM EPS($3.85)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.