As of Jul 25, 2024, the VMI stock has a PE ratio of 39.12. The calculation is based on the latest EPS of $7.66 and the stock price of $299.65 per share. An increase of 31% has been observed in the PE ratio compared to its average of 29.8 of the last four quarters.
The mean historical PE ratio of Valmont Industries over the last ten years is 27.81. The current 39.12 P/E ratio is 41% higher than the historical average. Looking back at the last ten years, VMI's PE ratio peaked in the Mar 2016 quarter at 65.45, with a price of $121.74 and an EPS of $1.86. The Mar 2020 quarter marked the lowest point at 13.7, with a price of $97.44 and an EPS of $7.11.
Maximum annual increase: 248.92% in 2015
Maximum annual decrease: -70.9% in 2016
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 34.09 | 21.36% |
| 2022 | 28.09 | 5.92% |
| 2021 | 26.52 | 1.73% |
| 2020 | 26.07 | 17.22% |
| 2019 | 22.24 | -6.79% |
| 2018 | 23.86 | -25.76% |
| 2017 | 32.14 | 75.15% |
| 2016 | 18.35 | -70.9% |
| 2015 | 63.05 | 248.92% |
| 2014 | 18.07 | 26.81% |
VMI's current PE ratio is higher than the 3, 5 and 10-year averages.
VMI's PE ratio stands higher than its peer stocks SSD and NOV. Valmont Industries's current PE ratio of 39.12 is higher than the average of its peers, which is 20.39.
| Stock name | PE ratio | Market cap |
|---|---|---|
| NOV National Oilwell Varco Inc | 7.94 | $7.85B |
| APOG Apogee Enterprises Inc | 13.85 | $1.49B |
| NWPX Northwest Pipe Co | 15.73 | $372.82M |
| ROCK Gibraltar Industries Inc | 21.51 | $2.46B |
| SSD Simpson Manufacturing Co Inc | 23.97 | $8.11B |
| AWI Armstrong World Industries Inc | 24.58 | $5.74B |
| OFLX Omega Flex Inc | 27.84 | $536.72M |
| IIIN Insteel Industries Inc | 33.06 | $674.93M |
| VMI Valmont Industries Inc | 39.5 | $6.11B |
| GIFI Gulf Island Fabrication Inc | N/A | $106.16M |
The price to earnings ratio for VMI stock as of Jul 25, 2024, stands at 39.12.
Over the last 3 years, the average price to earnings ratio for VMI stock is 26.83.
Over the last 5 years, the average price to earnings ratio for VMI stock is 24.94.
The highest quarterly PE ratio in the last ten years has been 65.45 and it was in the Mar 2016 quarter.
VMI's current price to earnings ratio is 41% above its 10-year historical average.
The P/E ratio is calculated by taking the latest stock price and dividing it by the EPS for the last 12 months. As of today (Jul 25, 2024), Valmont Industries's share price is $299.65. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $7.66. Therefore, Valmont Industries's PE ratio for today is 39.12. PE RATIO(39.12) = STOCK PRICE($299.65) / TTM EPS($7.66)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.