Academy Sports and Outdoors, Inc. (ASO) P/E Ratio History
Premium ValuationTrading at 9.4x vs 5Y avg 7.8x · 90th percentile · Premium to historical baseline · Data 2020–2026
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P/E Ratio Analysis
As of June 22, 2026, Academy Sports and Outdoors, Inc. (ASO) trades at a price-to-earnings ratio of 9.4x, with a stock price of $51.82 and trailing twelve-month earnings per share of $5.81.
The current P/E is 20% above its 5-year average of 7.8x. Over the past five years, ASO's P/E has ranged from a low of 5.4x to a high of 9.9x, placing the current valuation at the 90th percentile of its historical range.
Compared to the Consumer Cyclical sector median P/E of 21.2x, ASO trades at a 56% discount to its sector peers. The sector includes 307 companies with P/E ratios ranging from 0.1x to 184.9x.
The PEG ratio of 0.91 (P/E divided by -3% EPS growth) suggests the stock may be undervalued relative to its earnings growth. Peter Lynch popularized the rule that a PEG below 1.0 indicates an attractive entry point.
Relative to the broader market, ASO trades at a notable discount to the S&P 500 median P/E of 24.4x. Investors should consider the company's growth prospects, competitive position, and earnings quality when evaluating whether the current valuation is justified.
For a comprehensive intrinsic value estimate using discounted cash flow analysis, see our ASO DCF Valuation Calculator →
Note: P/E ratio is just one valuation metric. It does not account for balance sheet strength, cash flow quality, or growth sustainability. Always conduct comprehensive due diligence before making investment decisions.
ASO Cross-Benchmark Valuation
How does the current P/E compare to sector peers and the broader market?
ASO P/E vs Peers
Sporting Goods and Outdoor Retail peers sorted by market cap
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
| $20B | 23.4 | 1.99 | -29% | |
| $5B | 23.7 | 0.80Best | +25% | |
| $934B | 42.9 | 3.90 | +13% | |
| $59B | 16.1 | - | -8% | |
| $422B | 52.2 | 3.46 | +10% | |
| $2.6T | 34.1 | 1.22 | +30%Best | |
| $2B | 15.2Lowest | - | -19% | |
| $54B | 20.9 | 3.38 | -42% |
Lower P/E can signal a discount or weaker growth expectations; PEG adds growth context.
ASO Historical P/E Data (2020–2026)
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Period End | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2026 Q1 | May 02 2026 | $53.83 | $5.68 | 9.5x | +25% |
| FY2025 Q4 | Jan 31 2026 | $55.01 | $5.56 | 9.9x | +31% |
| FY2025 Q3 | Nov 01 2025 | $47.89 | $5.41 | 8.9x | +17% |
| FY2025 Q2 | Aug 02 2025 | $49.27 | $5.28 | 9.3x | +24% |
| FY2025 Q1 | May 03 2025 | $39.09 | $5.38 | 7.3x | -4% |
| FY2024 Q4 | Jan 31 2025 | $52.31 | $5.71 | 9.2x | +21% |
| FY2024 Q3 | Nov 02 2024 | $50.67 | $6.09 | 8.3x | +10% |
| FY2024 Q2 | Aug 03 2024 | $49.14 | $6.48 | 7.6x | +0% |
| FY2024 Q1 | May 04 2024 | $57.40 | $6.54 | 8.8x | +16% |
| FY2023 Q4 | Jan 31 2024 | $62.73 | $6.72 | 9.3x | +24% |
| FY2023 Q3 | Oct 28 2023 | $43.27 | $6.48 | 6.7x | -12% |
| FY2023 Q2 | Jul 29 2023 | $58.70 | $6.79 | 8.6x | +14% |
| FY2023 Q1 | Apr 29 2023 | $63.52 | $7.00 | 9.1x | +20% |
| FY2022 Q4 | - | $58.42 | $7.50 | 7.8x | +3% |
| FY2022 Q3 | Oct 29 2022 | $44.54 | $7.10 | 6.3x | -17% |
| FY2022 Q2 | Jul 30 2022 | $43.03 | $7.20 | 6.0x | -21% |
| FY2022 Q1 | Apr 30 2022 | $37.36 | $6.97 | 5.4x | -29% |
| FY2021 Q4 | Jan 31 2022 | $38.90 | $7.12 | 5.5x | -28% |
| FY2021 Q3 | Oct 30 2021 | $42.78 | $6.52 | 6.6x | -13% |
| FY2021 Q2 | Jul 31 2021 | $37.05 | $5.54 | 6.7x | -11% |
| FY2021 Q1 | May 01 2021 | $30.81 | $5.45 | 5.7x | -25% |
| FY2020 Q4 | Jan 31 2021 | $21.50 | $3.48 | 6.2x | -18% |
| FY2020 Q3 | Oct 31 2020 | $14.70 | $2.74 | 5.4x | -29% |
Average P/E for displayed period: 7.6x
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
6+ years return with dividends reinvested.
DCA Calculator
See how regular investing compounds over time.
Peer Comparison
Compare growth, multiples, and margins vs sector.
ASO — Frequently Asked Questions
Quick answers to the most common questions about buying ASO stock.
What is ASO's P/E ratio?
Academy Sports and Outdoors, Inc. (ASO) trailing twelve-month P/E ratio is 9.4x, based on TTM diluted EPS of $5.81. The 5-year average P/E is 7.8x and the historical range spans 5.4x to 9.9x.
Is ASO stock overvalued or undervalued?
ASO trades at 9.4x P/E, above its 5-year average of 7.8x. The 90th percentile ranking within the 5.4x–9.9x historical range indicates a premium to historical valuation.
Is ASO stock expensive?
Yes, ASO is expensive relative to its own history. The current P/E of 9.4x is above the 5-year average of 7.8x. The stock sits at the 90th percentile of its 5-year valuation range.
What is ASO's historical P/E range?
Over the past 5 years, ASO's P/E ratio has ranged from 5.4x to 9.9x, with a median of 8.3x and an average of 7.8x. The current P/E of 9.4x places the stock at the 90th percentile of this range. Full historical data spans 2020–2026.
How does ASO's P/E compare to the S&P 500?
ASO trades at 9.4x P/E versus the S&P 500 median of 24.4x. The 61% discount to the market suggests lower growth expectations or perceived higher risk.
How does ASO's valuation compare to Consumer Cyclical peers?
Academy Sports and Outdoors, Inc. P/E of 9.4x compares to the Consumer Cyclical sector median of 21.2x. The discount suggests lower growth expectations, weaker margins, or higher perceived risk relative to peers. See the peer comparison table on this page for ticker-by-ticker P/E and PEG.
What is ASO's PEG ratio?
ASO PEG ratio is 0.91, based on a P/E of 9.4x and EPS growth of -3.3%. A PEG below 1.0 indicates the valuation is supported by the earnings growth rate — typically considered attractive.
What is ASO's earnings yield?
ASO earnings yield is 10.69%, the inverse of its 9.4x P/E ratio. Earnings yield represents the percentage of each dollar invested that the company earns. It can be compared directly to bond yields to assess relative attractiveness of stocks versus fixed income.