As of Jul 26, 2024, the Heico stock's PE ratio is 72.97. This takes into account the latest EPS of $3.21 and stock price of $234.23. The PE ratio has grown by 23% from its last 4 quarters average of 59.3.
The PE ratio of Heico has averaged 45.59 over the last ten years. The current P/E ratio of 72.97 is 60% higher than the historical average. Looking back at the last ten years, HEI's PE ratio peaked in the Apr 2021 quarter at 74.11, when the price was $140.8 and the EPS was $1.9. The lowest point was in the Oct 2015 quarter, when it reached 25.32 with a price of $25.83 and an EPS of $1.02.
Maximum annual increase: 41.59% in 2017
Maximum annual decrease: -15.2% in 2015
Year | PE ratio | Change |
---|---|---|
2023 | 53.88 | -14.2% |
2022 | 62.8 | 1.37% |
2021 | 61.95 | 37.39% |
2020 | 45.09 | -10.43% |
2019 | 50.34 | 17.7% |
2018 | 42.77 | 3.91% |
2017 | 41.16 | 41.59% |
2016 | 29.07 | 14.81% |
2015 | 25.32 | -15.2% |
2014 | 29.86 | -14.02% |
Currently, HEI's PE ratio is higher than its 3, 5 and 10-year averages.
HEI's PE ratio stands higher than its peer stocks GE and TGI.
Stock name | PE ratio | Market cap |
---|---|---|
TGI Triumph Group Inc | 2.41 | $1.28B |
GE General Electric Co | 39.77 | $184.13B |
HEI Heico Corp | 72.97 | $32.44B |
SIF Sifco Industries Inc | N/A | $20.24M |
The price to earnings ratio for HEI stock is 72.97 as of Jul 26, 2024.
As an average over the last 3 years, HEI stock has a PE ratio of 60.81.
As an average over the last 5 years, HEI stock has a PE ratio of 56.69.
The highest quarterly PE ratio in the last ten years has been 74.11 and it was in the Apr 2021 quarter.
HEI's price to earnings ratio is currently 60% above its 10-year historical average.
A company with a higher PE ratio may indicate that the market has higher growth expectations for the company's future earnings or profitability.
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Jul 26, 2024), Heico's share price is $234.23. The company's earnings per share for the trailing twelve months (TTM) ending Apr 2024 is $3.21. Therefore, Heico's PE ratio for today is 72.97. PE RATIO(72.97) = STOCK PRICE($234.23) / TTM EPS($3.21)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.