The current PE ratio for Advanced Drainage Systems stock as of May 17, 2024 is 26.71. This is calculated based on the TTM EPS of $6.52 and the stock price of $174.13 per share. The PE ratio marks an increase of 24% from its last 4 quarters average of 21.5.
The average historical PE ratio of Advanced Drainage Systems for the last nine years is 83.37. The current P/E ratio of 26.71 is 68% 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.
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 |
The current PE ratio of WMS is lower than its 3 and 5-year averages.
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 29.16.
| Stock name | PE ratio | Market cap |
|---|---|---|
| DOV DOVER Corp | 17.58 | $25.3B |
| ITW Illinois Tool Works Inc | 24.64 | $74.78B |
| WMS Advanced Drainage Systems Inc | 26.71 | $13.48B |
| ROG Rogers Corp | 32.33 | $2.2B |
| PRLB Proto Labs Inc | 42.08 | $830.87M |
WMS's price to earnings ratio is 26.71 as of May 17, 2024.
The 3-year average price to earnings ratio for WMS stock is 27.08.
The 5-year average price to earnings ratio for WMS stock is 29.0.
Over the last nine years, the quarterly PE ratio reached its highest level at 1,466.5 in the Jun 2015 quarter.
The current PE ratio of WMS is 68% lower than the 9-year historical average.
The P/E ratio is obtained by dividing the latest price of a stock by its trailing twelve months EPS. As of today (May 17, 2024), Advanced Drainage Systems's share price is $174.13. 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 26.71. PE RATIO(26.71) = STOCK PRICE($174.13) / TTM EPS($6.52)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.