Raven Industries P/E Ratio

Raven Industries posts a P/E ratio of 111.69. That is above the Consumer Discretionary sector average of 47.18. Comparing that reading with peers and prior periods is usually more useful than looking at the number in isolation.

For Consumer Discretionary stocks, a P/E ratio near 47.18 is typical. Raven Industries's 111.69 is higher that level. That is roughly 136.7% above the sector mean. Whether that is a warning or an opportunity depends on growth outlook and other fundamentals shown elsewhere on Stockcircle.

Raven Industries's P/E ratio of 111.69 comes from dividing a price-based measure by a related financial statistic. Changes can come from the stock price moving, the underlying fundamental shifting, or both. Track both the level and the trend — a rising multiple on falling fundamentals is a different story than a rising multiple on rising earnings.

Context for RAVN's P/E ratio usually means three checks: (1) trend versus prior periods, (2) level versus peers (average 47.18), and (3) consistency with growth and profitability. This page covers the first two; Raven Industries's other metric pages and overview cover the third.

Judging Raven Industries against Consumer Discretionary peers is usually better than using a market-wide rule of thumb. Business models inside Consumer Discretionary are more comparable, which makes gaps in P/E ratio easier to interpret. Start with 111.69 here, then scan peer and history charts to see if the gap is persistent.