The price-to-earnings ratio for Hubbell stock stands at 29.12 as of May 7, 2024. This results from the current EPS of $13.5 and stock price of $393.06. An increase of 9% has been recorded in the P/E ratio compared to the average of 26.6 of the last 4 quarters.
Over the last ten years, the average PE ratio of Hubbell has been 22.33. The current 29.12 PE ratio is 30% above the historical average. In the past ten years, HUBB's PE ratio was at its highest in the Mar 2024 quarter at 30.74, with a price of $415.05 and an EPS of $13.5. The Dec 2018 quarter recorded the bottom point at 15.12, with a price of $99.34 and an EPS of $6.57.
Maximum annual increase: 37.99% in 2017
Maximum annual decrease: -50.62% in 2018
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 23.26 | 0.39% |
| 2022 | 23.17 | -18.44% |
| 2021 | 28.41 | 17.06% |
| 2020 | 24.27 | 20.69% |
| 2019 | 20.11 | 33% |
| 2018 | 15.12 | -50.62% |
| 2017 | 30.62 | 37.99% |
| 2016 | 22.19 | 5.22% |
| 2015 | 21.09 | 8.77% |
| 2014 | 19.39 | -1.87% |
The current PE ratio of HUBB is greater than its 3, 5 and 10-year historical averages.
HUBB's PE ratio is higher than its peer stock ATKR.
| Stock name | PE ratio | Market cap |
|---|---|---|
| ATKR Atkore Inc | 9.12 | $5.67B |
| HUBB Hubbell Inc | 29.12 | $21.1B |
| AMSC American Superconductor Corp | N/A | $415.86M |
HUBB stock has a price to earnings ratio of 29.12 as of May 7, 2024.
Over the last 3 years, the average price to earnings ratio for HUBB stock is 24.75.
Over the last 5 years, the average price to earnings ratio for HUBB stock is 23.03.
Over the last ten years, the quarterly PE ratio reached a historic high of 30.74 in the Mar 2024 quarter.
HUBB's price to earnings ratio is currently 30% above its 10-year historical average.
The PE ratio is calculated by taking the latest stock price and dividing it by the EPS for the last 12 months. As of today (May 7, 2024), Hubbell's stock price is $393.06. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $13.5. Therefore, Hubbell's P/E ratio for today is 29.12. PE RATIO(29.12) = STOCK PRICE($393.06) / TTM EPS($13.5)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.