Start with its own history
At 10.90×, AEO is 30.2% below its 9-observation annual average. A lower multiple can reflect a lower price, higher earnings, or weaker growth expectations—not necessarily a bargain.
NYSE · AEOApparel - RetailUpdated Nov 5, 2026
American Eagle Outfitters, Inc. P/E ratio
Current valuation, historical context, and peer comparisons.
Current P/E ratio
10.90×
30.2% belowthe 9-observation annual average
Share price21.36
÷Earnings per share1.96
Price and EPS in quote currency. Calculation details
Investors are paying 10.90 for every 1 of reported earnings per share.
P/E over time
2017 – 2026
Annual P/ESelected-period average 15.61×
3-year average18.04×3 positive annual observations
5-year average17.16×5 positive annual observations
10-year average15.61×9 positive annual observations
Peer median · TTM18.92×8 peers with positive P/E
Historical P/E ratios
Annual period-end data · 25 observations
| Period end | P/E | Change |
|---|---|---|
| Jan 31, 2026 | 20.81× | +120.5% |
| Feb 1, 2025 | 9.44× | -60.5% |
| Feb 3, 2024 | 23.87× | +5.2% |
| Jan 28, 2023 | 22.70× | +153.3% |
| Jan 29, 2022 | 8.96× | N/M |
| Jan 30, 2021 | N/M | N/M |
| Feb 1, 2020 | 12.74× | -9.9% |
| Feb 2, 2019 | 14.14× | -7.4% |
View all 25 annual observations +
| Period end | P/E | Change |
|---|---|---|
| Feb 3, 2018 | 15.27× | +21.8% |
| Jan 28, 2017 | 12.54× | -4.1% |
| Jan 30, 2016 | 13.07× | -60.9% |
| Jan 31, 2015 | 33.43× | +6.2% |
| Feb 1, 2014 | 31.47× | +85.5% |
| Feb 2, 2013 | 16.97× | +1.6% |
| Jan 28, 2012 | 16.69× | -13.8% |
| Jan 29, 2011 | 19.36× | +7.3% |
| Jan 30, 2010 | 18.04× | +87.3% |
| Jan 31, 2009 | 9.63× | -18.6% |
| Feb 2, 2008 | 11.83× | -31.5% |
| Feb 3, 2007 | 17.26× | +37.9% |
| Jan 28, 2006 | 12.52× | -20.1% |
| Jan 29, 2005 | 15.66× | +5.7% |
| Jan 31, 2004 | 14.82× | +19.4% |
| Feb 1, 2003 | 12.41× | -20.9% |
| Feb 2, 2002 | 15.69× | N/M |
Change is relative to the preceding observation. N/M values are excluded from averages.
How AEO compares
Company P/E vs. peer trailing-12-month ratios
| Company | P/E ratio |
|---|---|
 AEO This stockAmerican Eagle Outfitters, Inc. | 10.90× |
 BKEThe Buckle, Inc. | 10.93× |
 VSCOVictoria's Secret & Co. | 24.65× |
 COLMColumbia Sportswear Company | 15.49× |
 GEFGreif, Inc. | 17.01× |
 YETIYETI Holdings, Inc. | 20.83× |
 ANFAbercrombie & Fitch Co. | 14.41× |
 AAPAdvance Auto Parts, Inc. | 36.42× |
 ZGNErmenegildo Zegna N.V. | 46.07× |
Peers are selected by the data provider. Business models and earnings definitions can differ.
Put the numbers in context
What does AEO’s P/E tell you?
Compare like with like
The median of the 8 positive peer ratios above is 18.92×. Check growth, margins, debt, and earnings quality before interpreting the gap. A faster-growing business may justify a higher multiple.
Check what drives earnings
One-off gains can temporarily lower P/E; unusual charges can raise it. Reported earnings and forward estimates answer different questions. Pair this view with return on equity and liquidity for a fuller picture.
Keep your research connected
Take AEO into your spreadsheet
Pull historical P/E into Excel or Google Sheets with Wisesheets. Build your own comparisons alongside the rest of your financial model.
Explore WisesheetsQuarterly P/E · latest quarterLQ selects the latest reported quarter. Requires the Wisesheets add-in. See available data
=WISE("AEO", "PE Ratio", "LQ")Sources & calculation methodology
Current P/E
Share price 21.36 ÷ EPS 1.96 = 10.90×. Data is supplied by Financial Modeling Prep through Wisesheets. Quote feed updated Nov 5, 2026; this is not a real-time trading quote.
History & averages
Annual and quarterly P/E observations are provided separately from the current quote. Averages use the latest 3, 5, or 10 annual observations, excluding missing and nonpositive ratios. Pre-IPO observations are omitted. These are period-end observations, not daily averages.
Data definitions and limitations
The current quote feed does not specify the exact EPS filing-period end or whether EPS is basic or diluted. We do not label it as forward P/E. Peer ratios are explicitly trailing-12-month (TTM) values. Historical observations do not include independently verified price and EPS inputs. Sources may update on different schedules; rounded inputs can produce small calculation differences. Historical comparisons describe past pricing, not an estimate of fair value.
AEO P/E ratio: common questions
The essentials behind the numbers.
American Eagle Outfitters, Inc.'s current P/E is 10.90× based on the quote data last updated Nov 5, 2026. It represents the share price divided by reported earnings per share. Prices and earnings may refresh on different schedules.
Annual P/E uses earnings for a completed fiscal year. Trailing-12-month (TTM) P/E uses the latest four quarters, while forward P/E uses forecast earnings. These are not interchangeable. This page labels peer ratios as TTM and shows dated annual or quarterly historical observations; it does not show forward estimates.
N/M means not meaningful: the feed has no positive P/E for that observation. Negative or zero earnings should not be ranked as a low positive valuation multiple. N/M observations are excluded from the averages shown above.
Divide the share price by earnings per share (EPS). For example, a share price of 100 and EPS of 5 gives a P/E of 20×. This page uses the price and EPS supplied together in the quote when both are positive.
Price timestamps, EPS definitions, share classes, adjustments, and fiscal periods can differ. A forward P/E also uses forecast earnings rather than reported earnings. Compare the inputs and as-of dates before comparing two displayed ratios.
Not necessarily. The average describes previous market pricing, not fair value. Changes in earnings quality, growth expectations, debt, accounting, and business risk can justify a different multiple today.