Asbury Pe Ratio from 2010 to 2024

ABG Stock  USD 259.83  0.20  0.08%   
Asbury Automotive's PE Ratio is decreasing over the last several years with slightly volatile swings. PE Ratio is predicted to flatten to 7.41. During the period from 2010 to 2024 Asbury Automotive Group PE Ratio regressed destribution of quarterly values had coefficient of variationof  255.20 and r-value of (0.46). View All Fundamentals
 
PE Ratio  
First Reported
2010-12-31
Previous Quarter
7.80393859
Current Value
7.41
Quarterly Volatility
75.84160253
 
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Covid
Check Asbury Automotive financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Asbury Automotive's main balance sheet or income statement drivers, such as Depreciation And Amortization of 34.8 M, Interest Expense of 174 M or Selling General Administrative of 1.6 B, as well as many indicators such as Price To Sales Ratio of 0.32, Dividend Yield of 0.0701 or PTB Ratio of 2.14. Asbury financial statements analysis is a perfect complement when working with Asbury Automotive Valuation or Volatility modules.
  
Check out the analysis of Asbury Automotive Correlation against competitors.

Latest Asbury Automotive's Pe Ratio Growth Pattern

Below is the plot of the Pe Ratio of Asbury Automotive Group over the last few years. It is Asbury Automotive's PE Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Asbury Automotive's overall financial position and show how it may be relating to other accounts over time.
Pe Ratio10 Years Trend
Slightly volatile
   Pe Ratio   
       Timeline  

Asbury Pe Ratio Regression Statistics

Arithmetic Mean29.72
Geometric Mean11.95
Coefficient Of Variation255.20
Mean Deviation36.51
Median10.10
Standard Deviation75.84
Sample Variance5,752
Range300
R-Value(0.46)
Mean Square Error4,879
R-Squared0.21
Significance0.08
Slope(7.81)
Total Sum of Squares80,527

Asbury Pe Ratio History

2024 7.41
2023 7.8
2022 4.01
2021 6.46
2020 11.0
2019 11.58
2018 7.98

About Asbury Automotive Financial Statements

Asbury Automotive stakeholders use historical fundamental indicators, such as Asbury Automotive's Pe Ratio, to determine how well the company is positioned to perform in the future. Although Asbury Automotive investors may analyze each financial statement separately, they are all interrelated. For example, changes in Asbury Automotive's assets and liabilities are reflected in the revenues and expenses on Asbury Automotive's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Asbury Automotive Group. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
PE Ratio 7.80  7.41 

Currently Active Assets on Macroaxis

When determining whether Asbury Automotive is a strong investment it is important to analyze Asbury Automotive's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Asbury Automotive's future performance. For an informed investment choice regarding Asbury Stock, refer to the following important reports:
Check out the analysis of Asbury Automotive Correlation against competitors.
You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Is Automotive Retail space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Asbury Automotive. If investors know Asbury will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Asbury Automotive listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.22)
Earnings Share
17.82
Revenue Per Share
815.614
Quarterly Revenue Growth
0.156
Return On Assets
0.0663
The market value of Asbury Automotive is measured differently than its book value, which is the value of Asbury that is recorded on the company's balance sheet. Investors also form their own opinion of Asbury Automotive's value that differs from its market value or its book value, called intrinsic value, which is Asbury Automotive's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Asbury Automotive's market value can be influenced by many factors that don't directly affect Asbury Automotive's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Asbury Automotive's value and its price as these two are different measures arrived at by different means. Investors typically determine if Asbury Automotive is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Asbury Automotive's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.