Friedman Industries Historical PE Ratio image   This FRD PE ratio history page last updated 2/16/2024
Friedman Industries Historical PE Ratio Chart
PeriodPriceGAAPAnnualizedPE
Q3 2024
2/14/2024
17.500.160.6427.3
Q2 2024
11/14/2023
12.100.481.926.3
Q1 2024
8/14/2023
17.171.044.164.1
Q4 2023
6/29/2023
9.950.863.442.9
Q3 2023
2/9/2023
10.840.190.7614.3
Q2 2023
12/2/2022
8.950.341.366.6
Q1 2023
10/12/2022
7.231.556.201.2
Q4 2022
7/22/2022
8.29-1.11-4.44NA
Q3 2022
2/14/2022
9.61-0.43-1.72NA
Q2 2022
11/19/2021
13.231.917.641.7
Q1 2022
8/23/2021
14.041.646.562.1
Q4 2021
7/7/2021
13.071.506.002.2
Q3 2021
2/22/2021
7.410.301.206.2
Q2 2021
11/16/2020
5.70-0.04-0.16NA
Q1 2021
8/14/2020
5.16-0.12-0.48NA
Q4 2020
6/29/2020
4.93-0.43-1.72NA
Q3 2020
2/14/2020
5.54-0.13-0.52NA
Q2 2020
11/14/2019
6.70-0.22-0.88NA
Q1 2020
8/14/2019
5.960.030.1249.7
Q4 2019
7/1/2019
6.780.080.3221.2
Q3 2019
2/14/2019
8.060.090.3622.4
Q2 2019
11/14/2018
8.730.291.167.5
Q1 2019
8/14/2018
11.210.512.045.5
Q4 2018
6/28/2018
6.410.311.245.2
Q3 2018
2/14/2018
5.670.020.0870.9
Q2 2018
11/13/2017
5.750.040.1635.9
Q1 2018
8/14/2017
5.520.020.0869.0
Q4 2017
6/29/2017
5.78-0.06-0.24NA
Q3 2017
2/14/2017
6.80-0.03-0.12NA
Q2 2017
11/14/2016
5.49-0.09-0.36NA
Q1 2017
8/15/2016
5.88-0.21-0.84NA
Q4 2016
6/29/2016
5.93-0.08-0.32NA
Q3 2016
2/16/2016
4.890.070.2817.5
Q2 2016
11/13/2015
5.99-0.03-0.12NA
Q1 2016
8/13/2015
5.880.080.3218.4
Q4 2015
6/11/2015
6.81-0.07-0.28NA
Q3 2015
2/13/2015
6.490.030.1254.1
Q2 2015
11/12/2014
7.570.110.4417.2
Q1 2015
8/13/2014
8.78-0.02-0.08NA
Q4 2014
6/11/2014
8.300.060.2434.6
Q3 2014
2/13/2014
8.160.070.2829.1
Q2 2014
11/10/2013
NA0.000.00NA
Q1 2014
8/13/2013
9.89-0.02-0.08NA
Q4 2013
6/13/2013
9.880.180.7213.7
Q3 2013
2/12/2013
11.490.170.6816.9
Q2 2013
11/13/2012
9.850.240.9610.3
Q1 2013
8/13/2012
9.440.120.4819.7
Q4 2012
6/19/2012
10.210.321.288.0
Friedman Industries PE History Chart
PeriodPriceGAAPTTMPE
Q3 2024
2/14/2024
17.500.160.6427.3
Q2 2024
11/14/2023
12.100.481.528.0
Q1 2024
8/14/2023
17.171.042.098.2
Q4 2023
6/29/2023
9.950.862.943.4
Q3 2023
2/9/2023
10.840.190.9711.2
Q2 2023
12/2/2022
8.950.340.3525.6
Q1 2023
10/12/2022
7.231.551.923.8
Q4 2022
7/22/2022
8.29-1.112.014.1
Q3 2022
2/14/2022
9.61-0.434.622.1
Q2 2022
11/19/2021
13.231.915.352.5
Q1 2022
8/23/2021
14.041.643.404.1
Q4 2021
7/7/2021
13.071.501.648.0
Q3 2021
2/22/2021
7.410.30-0.29NA
Q2 2021
11/16/2020
5.70-0.04-0.72NA
Q1 2021
8/14/2020
5.16-0.12-0.90NA
Q4 2020
6/29/2020
4.93-0.43-0.75NA
Q3 2020
2/14/2020
5.54-0.13-0.24NA
Q2 2020
11/14/2019
6.70-0.22-0.02NA
Q1 2020
8/14/2019
5.960.030.4912.2
Q4 2019
7/1/2019
6.780.080.977.0
Q3 2019
2/14/2019
8.060.091.206.7
Q2 2019
11/14/2018
8.730.291.137.7
Q1 2019
8/14/2018
11.210.510.8812.7
Q4 2018
6/28/2018
6.410.310.3916.4
Q3 2018
2/14/2018
5.670.020.02283.5
Q2 2018
11/13/2017
5.750.04-0.03NA
Q1 2018
8/14/2017
5.520.02-0.16NA
Q4 2017
6/29/2017
5.78-0.06-0.39NA
Q3 2017
2/14/2017
6.80-0.03-0.41NA
Q2 2017
11/14/2016
5.49-0.09-0.31NA
Q1 2017
8/15/2016
5.88-0.21-0.25NA
Q4 2016
6/29/2016
5.93-0.080.04148.2
Q3 2016
2/16/2016
4.890.070.0597.8
Q2 2016
11/13/2015
5.99-0.030.01>500
Q1 2016
8/13/2015
5.880.080.1539.2
Q4 2015
6/11/2015
6.81-0.070.05136.2
Q3 2015
2/13/2015
6.490.030.1836.1
Q2 2015
11/12/2014
7.570.110.2234.4
Q1 2015
8/13/2014
8.78-0.020.1179.8
Q4 2014
6/11/2014
8.300.060.1175.5
Q3 2014
2/13/2014
8.160.070.2335.5
Q2 2014
11/10/2013
NA0.000.33NA
Q1 2014
8/13/2013
9.89-0.020.5717.4
Q4 2013
6/13/2013
9.880.180.7113.9
Q3 2013
2/12/2013
11.490.170.8513.5
Q2 2013
11/13/2012
9.850.24NANA
Q1 2013
8/13/2012
9.440.12NANA
Q4 2012
6/19/2012
10.210.32NANA
How should the FRD historical PE ratio be determined?
Realizing that PE stands for Price to Earnings ratio, we need two values to compute it: stock price and earnings per share. The stock price at any given date is a known historical value, but what about the earnings number to use?

✔️Accepted answer: There are a number of different approaches when it comes to calculating a historical PE ratio for a company like Friedman Industries. We like to take our measurements on each of the past quarterly earnings reports. That only leaves the question of whether the earnings number at that quarterly report should be used on an annualized basis, or some other method. We approach this question using three different methods, on this FRD Historical PE Ratio page.

What is the average historical PE for FRD based on annualized quarterly earnings?
As we look back through earnings history, what is the resulting PE calculation if at each measurement period we use that quarter's earnings result annualized?

✔️Accepted answer: The FRD historical PE ratio using the annualized quarterly earnings method works out to 19.4.

What is the average historical PE for FRD based on trailing twelve month earnings?
As we look back through earnings history, what is the resulting PE calculation if at each measurement period we use the trailing twelve months combined earnings result in the calculation?

✔️Accepted answer: The FRD historical PE ratio using the TTM earnings method works out to 38.1.

What is the average historical PE for FRD based on median TTM earnings?
As we look back through earnings history, what is the resulting PE calculation if at each measurement period we use the median earnings over the trailing twelve months and annualize that median result in the calculation?

✔️Accepted answer: The FRD historical PE ratio using the annualized median TTM earnings method works out to 0.32.

On this page we presented the Friedman Industries Historical PE Ratio information for Friedman Industries' stock. The average FRD historical PE based on using the annualized quarterly earnings result at each measurement period (for the "E" in the PE calculation; and the closing price on earnings date as the "P") is 19.4. Meanwhile, using the trailing twelve month (TTM) quarterly earnings result as our method of calculation the "E" value at each measurement period, the average FRD historical PE based on this TTM earnings result method is 38.1. Note: any PE calculations resulting in a value exceeding 500 were discarded as not meaningful. Note: any PE calculations involving negative earnings were discarded as not meaningful.

Let's now compare this FRD historical PE result, against the recent PE: when this page was posted on 2/15/2024, the most recent closing price for FRD had been 16.48, and the most recent quarterly earnings result, annualized, was 0.64. Meanwhile, the most recent TTM earnings summed to 0.64. From these numbers, we calculate the recent FRD PE on 2/15/2024 based on annualized quarterly EPS was 25.8. Based on FRD's history, that recent PE is elevated relative to the historical average, with the recent PE 33.0% higher than the historical average PE across our data set for Friedman Industries. Looking at the recent FRD PE on 2/15/2024 based on TTM EPS, we calculate the ratio at 25.8. Based on FRD's history, that recent PE is low relative to the historical average, with the recent PE 32.3% lower than the average PE across our Friedman Industries data set with TTM EPS used in the calculation at each period.

Another interesting FRD historical PE Ratio calculation we look at is to take the median earnings per share of the last four quarters for FRD, and then annualize the resulting value... with that annualized number then being used in the PE calculation. To walk through this math for FRD, we start with the past four EPS numbers and we first sort them from lowest to highest: 0.00, 0.00, 0.16, and 0.48. We then toss out the highest and lowest result, and then take the average of those two middle numbers — 0.00 and 0.16 — which gives us the median of 0.08. Basically the way to think about this 0.08 number is this: for the trailing four earnings reports, 0.08 marks the "middle ground" number where FRD has reported a value higher than 0.08 half the time, and has reported a value lower than 0.08 half the time. Annualizing that median value then gets us to 0.32/share, which we use as the denominator in our next PE calculation. With 16.48 as the numerator (as of 2/15/2024), the calculation is then 16.48 / 0.32 = 51.5 as the FRD PE ratio as of 2/15/2024, based on that annualized median value we calculated.

For self directed investors doing their due diligence on FRD or any other given stock, valuation analysis for FRD can greatly benefit from studying the past earnings and resulting PE calculations. This exercise can help inform an analysis as to whether the past earnings trajectory and current versus historical PE ratios justify the current stock value.

That's why we bring you HistoricalPERatio.com to make it easy for investors to investigate Friedman Industries PE history or the past PE information for any stock in our coverage universe. And in your continued research we hope you will be sure to check out the further links included for earnings surprises history (beat/miss data) as well as next earnings dates for FRD. Thanks for visiting, and the next time you need to research FRD Historical PE Ratio or the ratio for another stock, we hope you'll think of our site, as your go-to historical PE ratio research resource of choice.

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