As at May 20, 2025, the SR stock has a price-to-earnings ratio of 18.74. This is based on the current EPS of $4.01 and the stock price of $75.14 per share. An increase of 12% has been recorded in the P/E ratio compared to the average of 16.7 of the last 4 quarters.
SR PE ratio history
The mean historical PE ratio of Spire over the last ten years is 20.17. The current 18.74 PE ratio is 7% below the historical average. In the past ten years, SR's PE ratio was at its highest in the Jun 2020 quarter at 56.16, with a price of $65.71 and an EPS of $1.17. The Sep 2021 quarter recorded the bottom point at 12.31, with a price of $61.18 and an EPS of $4.97.
Spire PE ratio by year
Maximum annual increase: 49.49% in 2020
Maximum annual decrease: -66.68% in 2021
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2024 | 16.02 | 9.28% | $67.29 | $4.2 |
| 2023 | 14.66 | -6.86% | $56.58 | $3.86 |
| 2022 | 15.74 | 27.86% | $62.33 | $3.96 |
| 2021 | 12.31 | -66.68% | $61.18 | $4.97 |
| 2020 | 36.94 | 49.49% | $53.2 | $1.44 |
| 2019 | 24.71 | 46.13% | $87.24 | $3.53 |
| 2018 | 16.91 | -22.07% | $73.55 | $4.35 |
| 2017 | 21.7 | 11% | $74.65 | $3.44 |
| 2016 | 19.55 | 13.27% | $63.74 | $3.26 |
| 2015 | 17.26 | -12.21% | $54.53 | $3.16 |
| 2014 | 19.66 | -11.32% | $46.4 | $2.36 |
| 2013 | 22.17 | 44.34% | $45 | $2.03 |
| 2012 | 15.36 | 13.78% | $43 | $2.8 |
| 2011 | 13.5 | -4.66% | $38.75 | $2.87 |
| 2010 | 14.16 | 27.68% | $34.42 | $2.43 |
Spire PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Mar 2025 | 19.51 | 17.32% | $78.25 | $4.01 |
| Dec 2024 | 16.63 | 3.81% | $67.83 | $4.08 |
| Sep 2024 | 16.02 | 10.03% | $67.29 | $4.2 |
| Jun 2024 | 14.56 | -5.82% | $60.73 | $4.17 |
| Mar 2024 | 15.46 | -7.98% | $61.37 | $3.97 |
| Dec 2023 | 16.8 | 14.6% | $62.34 | $3.71 |
| Sep 2023 | 14.66 | -0.61% | $56.58 | $3.86 |
| Jun 2023 | 14.75 | -1.6% | $63.44 | $4.3 |
| Mar 2023 | 14.99 | 0.6% | $70.14 | $4.68 |
| Dec 2022 | 14.9 | -5.34% | $68.86 | $4.62 |
| Sep 2022 | 15.74 | -17.25% | $62.33 | $3.96 |
| Jun 2022 | 19.02 | 7.09% | $74.37 | $3.91 |
| Mar 2022 | 17.76 | 17.93% | $71.76 | $4.04 |
| Dec 2021 | 15.06 | 22.34% | $65.22 | $4.33 |
| Sep 2021 | 12.31 | -18.58% | $61.18 | $4.97 |
SR Price vs fair value
You can ether set your own Fair P/E multiple or use one of the automatically calculated Fair P/E multiples.
Fair P/E calculation
PE Ratio is an attempt to estimate a fair PE ratio of a stock based on its earnings and growth rate.
This formula is a modified version of the classic Graham-Dodd Formula (V= EPS x (8.5+2g)), originally developed by Benjamin Graham, to calculate the fair price of a stock based on its earnings and growth rate.
The formula we have created is an adaptation of this approach, designed to maintain a balance between simplicity and growth sensitivity.
It is calculated using the following formula:
IF g < 5: Fair PE = b
IF g >= 5: Fair PE = m × g
Here’s what each part of the formula means:
g: Growth is calculated as the average of the three-year average EPS growth rate and the one-year EPS growth rate (annually). This approach provides a balanced measure of growth by factoring in both the long-term growth trend and the most recent annual growth performance. If one of the growth metrics is not available, the remaining metric is used to determine growth. The fair P/E value is capped at 100 to prevent distortions caused by extreme EPS growth rates, such as those resulting from large percentage increases from a low base.
m: This is the long term historical median PEG (Price/Earnings to Growth) ratio of the overall market. It serves as a benchmark, adjusting the Fair PE based on typical market conditions.
b: Base PE (static value set to 8). If the company's growth rate is less than 5, the Fair PE is set at a conservative baseline of 8. This is because declining companies generally deserve a lower PE ratio.
Fixed vs Dynamic
Fixed: The Fair PE ratio for all data points is calculated using a single, constant average EPS growth rate, determined based on the most recent period. This means that the same growth rate is applied to all historical data points. Dynamic: The Fair PE ratio for each historical data point is calculated using the trailing average EPS growth rate specific to that point in time. This means that for each data point, the corresponding trailing EPS growth rate is used, ensuring that the Fair PE ratio reflects the growth conditions that were relevant at that specific point in history.
SR average PE ratio chart
The current PE ratio of SR is above the 3-year historical average, but it is lower than the 5 and 10-year averages.
SR PE vs peers
Compared to its peer stocks DLX and EBF, SR's PE ratio stands higher.
| Stock name | PE ratio | Market cap |
|---|---|---|
| DLX Deluxe Corp | 11.9 | $670.65M |
| EBF Ennis Inc | 12.48 | $503.87M |
| SR Spire Inc | 18.74 | $4.43B |
| DSS Document Security Systems Inc | N/A | $8.1M |
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Frequently asked questions
What is Spire's PE ratio?
The price to earnings ratio for SR stock as of May 20, 2025, stands at 18.74.
What is the 3-year average PE ratio for Spire (SR)?
The average PE ratio for SR stock over the past 3 years is 16.09.
What is the 5-year average PE ratio for Spire (SR)?
The average PE ratio for SR stock over the past 5 years is 20.32.
What is the highest PE ratio for SR?
The highest quarterly PE ratio in the last ten years has been 56.16 and it was in the Jun 2020 quarter.
How does the current PE ratio for SR compare to its historical average?
SR's current price to earnings ratio is 7% below its 10-year historical average.
How is SR's PE ratio calculated (Spire PE ratio formula)?
The PE ratio is calculated by dividing the most recent price of a stock by its trailing twelve months EPS. As of today (May 20, 2025), Spire's stock price is $75.14. The earnings per share for the trailing twelve months (TTM) ending Mar 2025 is $4.01. Therefore, Spire's P/E ratio for today is 18.74. PE RATIO(18.74) = STOCK PRICE($75.14) / TTM EPS($4.01)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.