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WMSAdvanced Drainage Systems, Inc.
$147.12$11.3B
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HomeStocksWMSP/E History

WMS logoAdvanced Drainage Systems, Inc. (WMS) P/E Ratio History

Fairly Valued

Trading at 27.0x, near 5Y avg of 25.4x · 80th percentile · In line with own history · Data 2015–2026

Current P/E (TTM)
27.0x
+7% vs 5Y avg
5Y Avg P/E
25.4x
Median 23.7x
5Y Percentile
80th
Upper end of range
PEG Ratio
1.69
Aligned with growth
5-Year P/E Range
27.0x
Min13.9xMedian23.7xMax47.9x
TTM EPS$5.43
Price$147.12
Earnings Yield3.70%
EPS Growth (1Y)-5.6%
EPS Growth (5Y)16.0%

Loading P/E history...

P/E Ratio Analysis

As of June 21, 2026, Advanced Drainage Systems, Inc. (WMS) trades at a price-to-earnings ratio of 27.0x, with a stock price of $147.12 and trailing twelve-month earnings per share of $5.43.

The current P/E is roughly in line with its 5-year average of 25.4x. Over the past five years, WMS's P/E has ranged from a low of 13.9x to a high of 47.9x, placing the current valuation at the 80th percentile of its historical range.

Compared to the Industrials sector median P/E of 25.6x, WMS is roughly in line with its sector peers. The sector includes 403 companies with P/E ratios ranging from 0.1x to 198.8x.

The PEG ratio of 1.69 (P/E divided by -6% EPS growth) suggests a fair valuation 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, WMS trades roughly in line with 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 WMS 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.

WMS Cross-Benchmark Valuation

How does the current P/E compare to sector peers and the broader market?

vs. Industrials
27.0vs25.6
+6%
In Line with Sector
vs. S&P 500
27.0vs24.4
+11%
Above Market
PEG Analysis
1.69
P/E ÷ EPS Growth
PEG 1-2 = Fair
Based on -6% EPS growth (1Y)

WMS P/E vs Peers

Site, water and foundation infrastructure peers sorted by market cap

CompanyMarket CapP/E RatioPEG RatioEPS Growth (1Y)
NVR logoNVRNVR, Inc.
$18B14.9Lowest1.09Best-14%
AAON logoAAONAAON, Inc.
$11B106.019.50-36%
FBIN logoFBINFortune Brands Innovations, Inc.
$5B17.2--34%
TREX logoTREXTrex Company, Inc.
$5B26.57.92-15%
PNR logoPNRPentair plc
$12B18.81.43+6%
NWPX logoNWPXNWPX Infrastructure, Inc.
$1B39.13.00+5%
MYRG logoMYRGMYR Group Inc.
$7B61.23.67+311%Best

Lower P/E can signal a discount or weaker growth expectations; PEG adds growth context.

WMS Historical P/E Data (2015–2026)

Quarterly P/E ratios calculated from closing price and TTM EPS

QuarterPeriod EndPriceTTM EPSP/E Ratiovs Avg
FY2026 Q4-$137.13$5.4425.2x-28%
FY2026 Q3Dec 31 2025$144.83$6.0124.1x-31%
FY2026 Q2-$138.70$5.8623.7x-32%
FY2026 Q1Jun 30 2025$114.86$5.5420.7x-40%
FY2025 Q4Mar 31 2025$108.65$5.7618.9x-46%
FY2025 Q3-$115.60$5.9819.3x-44%
FY2025 Q2Sep 30 2024$157.16$6.2825.0x-28%
FY2025 Q1Jun 30 2024$160.39$6.3225.4x-27%
FY2024 Q4Mar 31 2024$172.24$6.4426.7x-23%
FY2024 Q3Dec 31 2023$140.64$6.2922.4x-36%
FY2024 Q2Sep 30 2023$113.83$5.9419.2x-45%
FY2024 Q1Jun 30 2023$113.78$6.0318.9x-46%
FY2023 Q4Mar 31 2023$84.21$6.0713.9x-60%
FY2023 Q3Dec 31 2022$81.97$5.6414.5x-58%
FY2023 Q2Sep 30 2022$124.37$5.5122.6x-35%
FY2023 Q1-$90.07$4.5919.6x-44%
FY2022 Q4-$118.81$3.2436.7x+5%
FY2022 Q3Dec 31 2021$136.13$2.8447.9x+38%
FY2022 Q2-$108.17$2.6041.6x+19%
FY2022 Q1Jun 30 2021$116.57$2.8540.9x+17%
FY2021 Q4Mar 31 2021$103.39$2.9834.7x-0%
FY2021 Q3-$83.58$3.1826.3x-25%
FY2021 Q2Sep 30 2020$62.44$2.9021.5x-38%
FY2021 Q1-$49.40$1.8926.1x-25%
FY2019 Q4Mar 31 2019$25.77$1.3519.1x-45%
FY2019 Q3Dec 31 2018$24.25$1.2319.7x-43%
FY2019 Q2Sep 30 2018$30.90$1.5320.2x-42%
FY2019 Q1Jun 30 2018$28.55$1.3521.1x-39%
FY2018 Q4Mar 31 2018$25.90$1.1123.3x-33%
FY2018 Q3Dec 31 2017$23.85$0.8827.1x-22%
FY2018 Q2Sep 30 2017$20.25$0.4743.1x+24%
FY2018 Q1Jun 30 2017$20.10$0.5834.7x-1%
FY2017 Q4Mar 31 2017$21.90$0.7031.3x-10%
FY2017 Q3Dec 31 2016$20.60$0.8225.1x-28%
FY2017 Q2Sep 30 2016$24.06$0.8030.1x-14%
FY2017 Q1-$27.37$0.5748.0x+38%
FY2016 Q4-$21.30$0.3266.6x+91%
FY2016 Q3-$24.03$0.3470.7x+103%
FY2016 Q2Sep 30 2015$28.93$0.19149.8x+330%
FY2016 Q1-$29.33$0.3974.6x+114%
FY2015 Q4-$29.94$0.4664.7x+86%
FY2015 Q3Dec 31 2014$22.98$0.4353.1x+52%
FY2015 Q2-$20.95$0.3559.7x+71%

Average P/E for displayed period: 34.8x

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WMS — Frequently Asked Questions

Quick answers to the most common questions about buying WMS stock.

What is WMS's P/E ratio?

Advanced Drainage Systems, Inc. (WMS) trailing twelve-month P/E ratio is 27.0x, based on TTM diluted EPS of $5.43. The 5-year average P/E is 25.4x and the historical range spans 13.9x to 47.9x.

Is WMS stock overvalued or undervalued?

WMS trades at 27.0x P/E, near its 5-year average of 25.4x. The 80th percentile ranking within the 13.9x–47.9x historical range places valuation within normal bounds.

Is WMS stock expensive?

WMS is fairly valued relative to its own history. The current P/E of 27.0x is near the 5-year average of 25.4x (80th percentile of historical range).

What is WMS's historical P/E range?

Over the past 5 years, WMS's P/E ratio has ranged from 13.9x to 47.9x, with a median of 23.7x and an average of 25.4x. The current P/E of 27.0x places the stock at the 80th percentile of this range. Full historical data spans 2015–2026.

How does WMS's P/E compare to the S&P 500?

WMS trades at 27.0x P/E versus the S&P 500 median of 24.4x. The 11% premium to the market typically reflects higher expected earnings growth or quality.

How does WMS's valuation compare to Industrials peers?

Advanced Drainage Systems, Inc. P/E of 27.0x compares to the Industrials sector median of 25.6x. The premium reflects expected growth above peers or stronger fundamentals. See the peer comparison table on this page for ticker-by-ticker P/E and PEG.

What is WMS's PEG ratio?

WMS PEG ratio is 1.69, based on a P/E of 27.0x and EPS growth of -5.6%. A PEG between 1 and 2 suggests valuation aligns with growth expectations — typically considered fair.

What is WMS's earnings yield?

WMS earnings yield is 3.70%, the inverse of its 27.0x 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.

WMS P/E Ratio History (2015–2026)

Quarterly valuation multiple from closing price and trailing EPS

Current25.2x
Period Avg25.4x
Range13.9x - 47.9x
Change-38%
20 quartersJun 30, 2021 - Mar 31, 2026