FRD Friedman Industries PE ratio, current and historical analysis
As at Jan 21, 2025, the FRD stock has a PE ratio of 12.76. This is based on the current EPS of $1.13 and the stock price of $14.42 per share. An increase of 38% has been seen in the P/E ratio compared to the average of 9.2 of the last 4 quarters.
FRD PE ratio history
The mean historical PE ratio of Friedman Industries over the last ten years is 43.96. The current 12.76 PE ratio is 71% below the historical average. Over the past ten years, FRD's PE ratio was at its highest in the Sep 2017 quarter at 307.5, with a price of $6.15 and an EPS of $0.02. The Dec 2021 quarter recorded the bottom point at 2.04, with a price of $9.38 and an EPS of $4.59.
Friedman Industries PE ratio by year
Maximum annual increase: 206.44% in 2015
Maximum annual decrease: -12.9% in 2022
| Year | PE ratio | Change |
|---|---|---|
| 2024 | 7.84 | 101.03% |
| 2023 | 3.9 | -9.72% |
| 2022 | 4.32 | -12.9% |
| 2021 | 4.96 | N/A |
| 2020 | N/A | N/A |
| 2019 | 10.51 | 0.29% |
| 2018 | 10.48 | N/A |
| 2017 | N/A | N/A |
| 2016 | 135.5 | 31.13% |
| 2015 | 103.33 | 206.44% |
FRD average PE ratio chart
FRD's current P/E ratio is above the 3 and 5-year historical averages, but it is below the 10-year average.
FRD PE vs peers
FRD's PE ratio is lower than its peer stocks RS and ATI, but it is greater than NUE's. Friedman Industries is presently trading at a lower PE ratio (12.76) than its peer group average of 20.84.
| Stock name | PE ratio | Market cap |
|---|---|---|
| NUE Nucor Corp | 12.08 | $29.43B |
| FRD Friedman Industries Inc | 12.8 | $100.74M |
| ZEUS Olympic Steel Inc | 15.21 | $386.02M |
| USAP Universal Stainless & Alloy Products Inc | 15.63 | $418.95M |
| RS Reliance Steel & Aluminum Co | 15.79 | $15.73B |
| ATI Allegheny Technologies Inc | 17.71 | $8.34B |
| X United States Steel Corp | 20.89 | $8.28B |
| WOR Worthington Industries Inc | 49.27 | $2.12B |
Frequently asked questions
What is Friedman Industries's PE ratio?
The price to earnings ratio for FRD stock as of Jan 21, 2025, stands at 12.76.
What is the 3-year average PE ratio for Friedman Industries (FRD)?
As an average over the last 3 years, FRD stock has a PE ratio of 8.13.
What is the 5-year average PE ratio for Friedman Industries (FRD)?
As an average over the last 5 years, FRD stock has a PE ratio of 6.84.
What is the highest PE ratio for FRD?
In the last ten years, the Sep 2017 quarter recorded the highest quarterly PE ratio at 307.5.
How does the current PE ratio for FRD compare to its historical average?
FRD's current price to earnings ratio is 71% below its 10-year historical average.
How is FRD's PE ratio calculated (Friedman Industries PE ratio formula)?
The PE ratio is calculated by taking the latest stock price and dividing it by the EPS for the last 12 months. As of today (Jan 21, 2025), Friedman Industries's stock price is $14.42. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $1.13. Therefore, Friedman Industries's P/E ratio for today is 12.76. PE RATIO(12.76) = STOCK PRICE($14.42) / TTM EPS($1.13)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.