As of Jul 25, 2024, the Worthington Industries stock's P/E ratio is 8.97. This takes into account the latest EPS of $5.58 and stock price of $50.08. The PE ratio has decreased by 22% from its last 4 quarters average of 11.6.
The PE ratio of Worthington Industries has averaged 14.34 over the last ten years. The current price-to-earnings ratio of 8.97 is 37% less than the historical average. Analyzing the last ten years, WOR's PE ratio reached its highest point in the Nov 2015 quarter at 33.45, when the price was $30.77 and the EPS was $0.92. The lowest point was recorded in the Aug 2020 quarter, when it reached 3.21 with a price of $41.53 and an EPS of $12.93.
Maximum annual increase: 73.13% in 2023
Maximum annual decrease: -76.91% in 2021
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 10.63 | 73.13% |
| 2022 | 6.14 | 27.12% |
| 2021 | 4.83 | -76.91% |
| 2020 | 20.92 | 64.21% |
| 2019 | 12.74 | -14.95% |
| 2018 | 14.98 | 17.03% |
| 2017 | 12.8 | -21.18% |
| 2016 | 16.24 | -30.78% |
| 2015 | 23.46 | 27.5% |
| 2014 | 18.4 | 5.44% |
Currently, WOR's PE ratio is under its 3, 5 and 10-year averages.
WOR's PE ratio is less than its peer stocks NUE and RS, but it is above STLD's. Worthington Industries's current PE ratio of 8.97 is less than the average of its peers, which is 18.96.
| Stock name | PE ratio | Market cap |
|---|---|---|
| STLD Steel Dynamics Inc | 8.89 | $20.51B |
| WOR Worthington Industries Inc | 9.1 | $2.55B |
| NUE Nucor Corp | 9.44 | $38.58B |
| X United States Steel Corp | 10.53 | $9.16B |
| CMC COMMERCIAL METALS Co | 12.42 | $6.94B |
| RS Reliance Steel & Aluminum Co | 14.04 | $17.46B |
| TRS Trimas Corp | 27.79 | $1.12B |
| CRS Carpenter Technology Corp | 52.92 | $6.98B |
| AA Alcoa Corp | N/A | $6B |
The price to earnings ratio for WOR stock is 8.97 as of Jul 25, 2024.
The 3-year average PE ratio for WOR stock is 10.22.
The 5-year average PE ratio for WOR stock is 11.04.
The highest quarterly PE ratio in the last ten years has been 33.45 and it was in the Nov 2015 quarter.
WOR's price to earnings ratio is currently 37% below its 10-year historical average.
WOR's stock price is trading at a lower multiple of earnings, which is why its PE ratio of 8.97 is considered low.
The P/E ratio is calculated by taking the latest stock price and dividing it by the earnings per share(EPS) for the last 12 months. As of today (Jul 25, 2024), Worthington Industries's share price is $50.08. The company's earnings per share for the trailing twelve months (TTM) ending Feb 2024 is $5.58. Therefore, Worthington Industries's price to earnings ratio for today is 8.97. PE RATIO(8.97) = STOCK PRICE($50.08) / TTM EPS($5.58)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.