The price-to-earnings ratio for Stride stock stands at 16.12 as of May 3, 2024. This is based on the current EPS of $4.33 and the stock price of $69.82 per share. An increase of 19% has been recorded in the PE ratio compared to the average of 13.5 of the past four quarters.
Over the last ten years, the average PE ratio of Stride has been 84.9. The current 16.12 price-to-earnings ratio is 81% less than the historical average. In the past ten years, LRN's PE ratio reached its highest point in the Jun 2017 quarter at 1,792, with a price of $17.92 and an EPS of $0.01. The Sep 2023 quarter saw the lowest point at 12.37, with a price of $45.03 and an EPS of $3.64.
Maximum annual increase: 3,343.5% in 2017
Maximum annual decrease: -98.69% in 2018
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 12.41 | -21.51% |
| 2022 | 15.81 | -12.41% |
| 2021 | 18.05 | -58.92% |
| 2020 | 43.94 | 38.7% |
| 2019 | 31.68 | 35.44% |
| 2018 | 23.39 | -98.69% |
| 2017 | 1,792 | 3,343.5% |
| 2016 | 52.04 | 19.3% |
| 2015 | 43.62 | -9.39% |
| 2014 | 48.14 | 31.93% |
LRN's current P/E ratio is lower than the 3, 5 and 10-year averages.
LRN's PE ratio is less than its peer stock EDU, but it is above GHC's.
| Stock name | PE ratio | Market cap |
|---|---|---|
| GHC Graham Holdings Co | 12.1 | $3.25B |
| LRN Stride Inc | 16.12 | $3.02B |
| EDU New Oriental Education & Technology Group Inc. | 44.61 | $14.03B |
| TWOU 2U Inc | N/A | $28.61M |
The price to earnings ratio for LRN stock as of May 3, 2024, stands at 16.12.
The 3-year average PE ratio for LRN stock is 16.61.
The 5-year average PE ratio for LRN stock is 20.9.
Over the last ten years, the quarterly PE ratio reached a historic high of 1,792 in the Jun 2017 quarter.
LRN's current price to earnings ratio is 81% below its 10-year historical average.
The P/E ratio is calculated by dividing the latest price of a stock by its trailing twelve months EPS. As of today (May 3, 2024), Stride's stock price is $69.82. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $4.33. Therefore, Stride's price to earnings ratio for today is 16.12. PE RATIO(16.12) = STOCK PRICE($69.82) / TTM EPS($4.33)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.