As of May 3, 2024, the Steelcase stock's PE ratio is 18.37. This takes into account the latest EPS of $0.68 and stock price of $12.49. The PE ratio at present is nearly equal to the average from the previous four quarters.
The PE ratio of Steelcase has averaged 44.35 over the last ten years. The current price-to-earnings ratio of 18.37 is 59% less than the historical average. Analyzing the last ten years, SCS's PE ratio reached its highest point in the Feb 2022 quarter at 413, when the price was $12.39 and the EPS was $0.03. The lowest point was recorded in the Feb 2016 quarter, when it reached 9.15 with a price of $12.54 and an EPS of $1.37.
Maximum annual increase: 552.52% in 2021
Maximum annual decrease: -93.66% in 2023
| Year | PE ratio | Change |
|---|---|---|
| 2024 | 18.82 | -28.09% |
| 2023 | 26.17 | -93.66% |
| 2022 | 413 | 551.83% |
| 2021 | 63.36 | 552.52% |
| 2020 | 9.71 | -41.36% |
| 2019 | 16.56 | -23.12% |
| 2018 | 21.54 | 39.06% |
| 2017 | 15.49 | 69.29% |
| 2016 | 9.15 | -66.27% |
| 2015 | 27.13 | 27.73% |
SCS's current PE ratio is under its 3, 5 and 10-year averages.
SCS's PE ratio is below its peer stock HNI.
| Stock name | PE ratio | Market cap |
|---|---|---|
| SCS Steelcase Inc | 18.37 | $1.43B |
| HNI Hni Corp | 31.56 | $2.09B |
| PBI Pitney Bowes Inc | N/A | $942.67M |
| ACCO ACCO BRANDS Corp | N/A | $466.72M |
SCS stock has a price to earnings ratio of 18.37 as of May 3, 2024.
As an average over the last 3 years, SCS stock has a PE ratio of 104.63.
As an average over the last 5 years, SCS stock has a PE ratio of 70.42.
The highest quarterly PE ratio in the last ten years has been 413 and it was in the Feb 2022 quarter.
SCS's price to earnings ratio is currently 59% below its 10-year historical average.
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (May 3, 2024), Steelcase's share price is $12.49. The company's earnings per share for the trailing twelve months (TTM) ending Feb 2024 is $0.68. Therefore, Steelcase's price to earnings ratio for today is 18.37. PE RATIO(18.37) = STOCK PRICE($12.49) / TTM EPS($0.68)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.