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WMS Advanced Drainage Systems PE ratio, current and historical analysis

The current PE ratio for Advanced Drainage Systems stock as of Jun 20, 2024 is 26.03. This is calculated based on the TTM EPS of $6.52 and the stock price of $169.69 per share. The PE ratio marks an increase of 21% from its last 4 quarters average of 21.5.

WMS PE ratio history

How has WMS's PE ratio performed in the past

The average historical PE ratio of Advanced Drainage Systems for the last nine years is 83.37. The current P/E ratio of 26.03 is 69% lower than the historical average. Looking back at the last nine years, WMS's PE ratio peaked in the Jun 2015 quarter at 1,466.5, when the price was $29.33 and the EPS was $0.02. The lowest point was in the Mar 2023 quarter, when it reached 13.67 with a price of $84.21 and an EPS of $6.16.

Average
83.37
Median
33.3
Minimum
13.67
Maximum
1,466.5

Advanced Drainage Systems PE ratio by year

Maximum annual increase: 93.27% in 2024

Maximum annual decrease: -62.95% in 2023

Year PE ratio Change
2024 26.42 93.27%
2023 13.67 -62.95%
2022 36.9 -5.77%
2021 39.16 N/A
2020 N/A N/A
2019 20.95 -19.11%
2018 25.9 -39.68%
2017 42.94 -19.36%
2016 53.25 N/A
2015 N/A N/A

WMS average PE ratio chart

What is the average PE ratio of WMS for the past years

The current PE ratio of WMS is lower than its 3 and 5-year averages.

3-year avg
27.08
5-year avg
29
10-year avg
N/A
15-year avg
N/A

WMS PE vs peers

What is WMS's PE ratio compared to its peers

In comparison to its peers ROG and PRLB, WMS's PE ratio is lower, but it is higher than ITW's and DOV's. Advanced Drainage Systems's PE ratio is trading below the peer average of 28.37.

Stock name PE ratio Market cap
DOV DOVER Corp 17.43 $25.08B
ITW Illinois Tool Works Inc 23.64 $71.74B
WMS Advanced Drainage Systems Inc 25.37 $12.81B
ROG Rogers Corp 33.24 $2.26B
PRLB Proto Labs Inc 38.55 $761.25M

Frequently asked questions

What is Advanced Drainage Systems's PE ratio?

WMS's price to earnings ratio is 26.03 as of Jun 20, 2024.

What is the 3-year average PE ratio for Advanced Drainage Systems (WMS)?

The 3-year average price to earnings ratio for WMS stock is 27.08.

What is the 5-year average PE ratio for Advanced Drainage Systems (WMS)?

The 5-year average price to earnings ratio for WMS stock is 29.0.

What is the highest PE ratio for WMS?

Over the last nine years, the quarterly PE ratio reached its highest level at 1,466.5 in the Jun 2015 quarter.

How does the current PE ratio for WMS compare to its historical average?

The current PE ratio of WMS is 69% lower than the 9-year historical average.

How is WMS's PE ratio calculated (Advanced Drainage Systems PE ratio formula)?

The P/E ratio is obtained by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Jun 20, 2024), Advanced Drainage Systems's share price is $169.69. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $6.52. Therefore, Advanced Drainage Systems's PE ratio for today is 26.03. PE RATIO(26.03) = STOCK PRICE($169.69) / TTM EPS($6.52)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.