SON Sonoco Products PE ratio, current and historical analysis
The current PE ratio for Sonoco Products stock as of Nov 21, 2024 is 17.17. This is calculated based on the current EPS of $2.92 and the stock price of $50.15 per share. The P/E ratio has increased by 18% from the past four quarters average of 14.6.
SON PE ratio history
The average historical PE ratio of Sonoco Products for the last ten years is 18.69. The current PE ratio of 17.17 is 8% below the historical average. Over the past ten years, SON's PE ratio was at its highest in the Apr 2021 quarter at 32.16, when the stock price was $64 and the EPS was $1.99. The lowest value was in the Oct 2023 quarter, when it reached 10.87 with a price of $54.35 and an EPS of $5.
Sonoco Products PE ratio by year
Maximum annual increase: 63.1% in 2017
Maximum annual decrease: -43.92% in 2018
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 11.57 | -9.25% |
| 2022 | 12.75 | N/A |
| 2021 | N/A | N/A |
| 2020 | 28.76 | 35.15% |
| 2019 | 21.28 | 24.96% |
| 2018 | 17.03 | -43.92% |
| 2017 | 30.37 | 63.1% |
| 2016 | 18.62 | 12.1% |
| 2015 | 16.61 | -15.98% |
| 2014 | 19.77 | -2.85% |
SON average PE ratio chart
SON's current P/E ratio is above the 3 and 5-year historical averages, but it is below the 10-year average.
SON PE vs peers
Compared to its peers CCK and SLGN, SON's PE ratio stands lower, however it is higher than MMM's and SEE's. Sonoco Products is presently trading at a higher PE ratio (17.17) than its peer group average of 16.01.
| Stock name | PE ratio | Market cap |
|---|---|---|
| SEE Sealed Air Corp | 13.01 | $5.18B |
| GEF Greif Inc | 14.97 | $3.28B |
| MMM 3M Co | 16.04 | $69.33B |
| SON Sonoco Products Co | 17.17 | $4.93B |
| SLGN Silgan Holdings Inc | 20 | $5.94B |
| CCK Crown Holdings Inc | 112.36 | $10.89B |
| HAS Hasbro Inc | N/A | $8.64B |
Frequently asked questions
What is Sonoco Products's PE ratio?
SON's price to earnings ratio is 17.17 as of Nov 21, 2024.
What is the 3-year average PE ratio for Sonoco Products (SON)?
As an average over the last 3 years, SON stock has a PE ratio of 13.24.
What is the 5-year average PE ratio for Sonoco Products (SON)?
As an average over the last 5 years, SON stock has a PE ratio of 16.65.
What is the highest PE ratio for SON?
In the last ten years, the Apr 2021 quarter recorded the highest quarterly PE ratio at 32.16.
How does the current PE ratio for SON compare to its historical average?
The current price to earnings ratio of SON is 8% lower than the 10-year historical average.
How is SON's PE ratio calculated (Sonoco Products PE ratio formula)?
To determine the PE ratio, divide the most recent stock price by the TTM earnings per share (EPS). As of today (Nov 21, 2024), Sonoco Products's stock price is $50.15. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $2.92. Therefore, Sonoco Products's P/E ratio for today is 17.17. PE RATIO(17.17) = STOCK PRICE($50.15) / TTM EPS($2.92)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.