As at Jul 25, 2024, the HNI stock has a PE ratio of 38.53. This is based on the current EPS of $1.4 and the stock price of $53.94 per share. An increase of 25% has been seen in the P/E ratio compared to the average of 30.8 of the last 4 quarters.
The mean historical PE ratio of Hni over the last ten years is 22.22. The current 38.53 PE ratio is 73% above the historical average. Over the past ten years, HNI's PE ratio was at its highest in the Apr 2015 quarter at 42.63, with a price of $56.27 and an EPS of $1.32. The Oct 2022 quarter recorded the bottom point at 9.5, with a price of $26.51 and an EPS of $2.79.
Maximum annual increase: 293.73% in 2023
Maximum annual decrease: -68.59% in 2022
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 37.68 | 293.73% |
| 2022 | 9.57 | -68.59% |
| 2022 | 30.47 | -13.34% |
| 2021 | 35.16 | 140.82% |
| 2019 | 14.6 | -11.25% |
| 2018 | 16.45 | -12.55% |
| 2017 | 18.81 | -35.07% |
| 2016 | 28.97 | 91.22% |
| 2016 | 15.15 | -58.9% |
| 2015 | 36.86 | 31.97% |
The current PE ratio of HNI is above the 3, 5 and 10-year historical averages.
HNI's PE ratio is higher than its peer stocks SNA and SCS.
| Stock name | PE ratio | Market cap |
|---|---|---|
| VIRC Virco Mfg Corporation | 10.86 | $274.64M |
| SNA Snap-on Inc | 14.35 | $14.79B |
| SCS Steelcase Inc | 18.46 | $1.6B |
| HNI Hni Corp | 38.93 | $2.58B |
The price to earnings ratio for HNI stock is 38.53 as of Jul 25, 2024.
Over the last 3 years, the average price to earnings ratio for HNI stock is 22.96.
Over the last 5 years, the average price to earnings ratio for HNI stock is 21.53.
The highest quarterly PE ratio in the last ten years has been 42.63 and it was in the Apr 2015 quarter.
HNI's current price to earnings ratio is 73% above its 10-year historical average.
The PE ratio is calculated by dividing the most recent price of a stock by its trailing twelve months EPS. As of today (Jul 25, 2024), Hni's stock price is $53.94. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $1.4. Therefore, Hni's P/E ratio for today is 38.53. PE RATIO(38.53) = STOCK PRICE($53.94) / TTM EPS($1.4)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.