The current P/E ratio for Haverty Furniture Companies stock as of May 2, 2024 is 8.2. This is calculated based on the TTM EPS of $3.48 and the stock price of $28.52 per share. The PE ratio has increased by 8% from its last 4 quarters average of 7.6.
The average historical PE ratio of Haverty Furniture Companies for the last ten years is 18.11. The current price-to-earnings ratio of 8.2 is 55% less than the historical average. Analyzing the last ten years, HVT's PE ratio reached its highest point in the Mar 2015 quarter at 67.24, when the price was $24.88 and the EPS was $0.37. The lowest point was recorded in the Jun 2022 quarter, when it reached 4.47 with a price of $23.18 and an EPS of $5.19.
Maximum annual increase: 168.27% in 2014
Maximum annual decrease: -70.15% in 2015
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 10.2 | 85.12% |
| 2022 | 5.51 | -8.77% |
| 2021 | 6.04 | -30.57% |
| 2020 | 8.7 | -52.54% |
| 2019 | 18.33 | 41.54% |
| 2018 | 12.95 | -42.83% |
| 2017 | 22.65 | 26.18% |
| 2016 | 17.95 | 3.82% |
| 2015 | 17.29 | -70.15% |
| 2014 | 57.92 | 168.27% |
Currently, HVT's PE ratio is above its 3-year average, but it is under its 5 and 10-year averages.
When compared to its peer stocks WSM and RH, HVT's PE ratio is lower.
| Stock name | PE ratio | Market cap |
|---|---|---|
| HVT Haverty Furniture Companies Inc | 8.15 | $457.82M |
| LZB La-Z-Boy Inc | 12.17 | $1.42B |
| WSM Williams Sonoma Inc | 20.73 | $19.55B |
| RH Rh | 42.67 | $5.02B |
| W Wayfair Inc | N/A | $7.52B |
HVT stock has a price to earnings ratio of 8.2 as of May 2, 2024.
As an average over the last 3 years, HVT stock has a PE ratio of 6.57.
As an average over the last 5 years, HVT stock has a PE ratio of 8.94.
Over the last ten years, the quarterly PE ratio reached its highest level at 67.24 in the Mar 2015 quarter.
The current PE ratio of HVT is 55% lower than the 10-year historical average.
HVT's PE ratio is low because its earnings per share (EPS) is high relative to its stock price.
The P/E ratio is calculated by dividing the latest price of a stock by its trailing twelve months EPS. As of today (May 2, 2024), Haverty Furniture Companies's share price is $28.52. The company's earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $3.48. Therefore, Haverty Furniture Companies's price to earnings ratio for today is 8.2. PE RATIO(8.2) = STOCK PRICE($28.52) / TTM EPS($3.48)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.