As of May 3, 2024, the Iron Mountain stock's price-to-earnings ratio is 114.12. This results from the current EPS of $0.66 and stock price of $75.32. The P/E ratio has increased by 35% from the past four quarters average of 84.6.
The PE ratio of Iron Mountain has averaged 48.21 over the last ten years. The current PE ratio of 114.12 is 137% above the historical average. In the past ten years, IRM's PE ratio was at its highest in the Sep 2016 quarter at 150.12, when the stock price was $37.53 and the EPS was $0.25. The lowest value was in the Sep 2014 quarter, when it reached 17.37 with a price of $32.65 and an EPS of $1.88.
Maximum annual increase: 327.89% in 2023
Maximum annual decrease: -60.58% in 2014
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 111.08 | 327.89% |
| 2022 | 25.96 | -22.6% |
| 2021 | 33.54 | 35.41% |
| 2020 | 24.77 | -27.72% |
| 2019 | 34.27 | 35.35% |
| 2018 | 25.32 | -55.71% |
| 2017 | 57.17 | -27.83% |
| 2016 | 79.22 | 73.04% |
| 2015 | 45.78 | 98.96% |
| 2014 | 23.01 | -60.58% |
IRM's current P/E ratio is above the 3, 5 and 10-year historical averages.
Compared to its peer stocks ADP and MCO, IRM's PE ratio stands higher. Iron Mountain is presently trading at a higher PE ratio (114.12) than its peer group average of 43.84.
| Stock name | PE ratio | Market cap |
|---|---|---|
| ADP Automatic Data Processing Inc | 26.85 | $99B |
| MCO Moodys Corp | 41.41 | $69.49B |
| CTAS Cintas Corp | 45.79 | $68.39B |
| EFX Equifax Inc | 50.12 | $28.07B |
| TW Tradeweb Markets Inc | 55.02 | $24.69B |
| IRM Iron Mountain Inc | 114.12 | $22.08B |
| PBI Pitney Bowes Inc | N/A | $942.67M |
As of May 3, 2024, IRM stock has a price to earnings ratio of 114.12.
The 3-year average PE ratio for IRM stock is 46.95.
The 5-year average PE ratio for IRM stock is 41.09.
Over the last ten years, the quarterly PE ratio reached a historic high of 150.12 in the Sep 2016 quarter.
IRM's price to earnings ratio is currently 137% above its 10-year historical average.
IRM's PE ratio is high because its earnings per share (EPS) is low relative to its stock price.
You can calculate the PE ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (May 3, 2024), Iron Mountain's stock price is $75.32. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $0.66. Therefore, Iron Mountain's P/E ratio for today is 114.12. PE RATIO(114.12) = STOCK PRICE($75.32) / TTM EPS($0.66)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.