Start with its own history
At 12.35×, LCII is 37.8% below its 10-observation annual average. A lower multiple can reflect a lower price, higher earnings, or weaker growth expectations—not necessarily a bargain.
NYSE · LCIIAuto - Recreational VehiclesUpdated Nov 2, 2026
LCI Industries P/E ratio
Current valuation, historical context, and peer comparisons.
Current P/E ratio
12.35×
37.8% belowthe 10-year annual average
Share price100.81
÷Earnings per share8.16
Price and EPS in quote currency. Calculation details
Investors are paying 12.35 for every 1 of reported earnings per share.
P/E over time
2016 – 2025
Annual P/ESelected-period average 19.87×
3-year average27.97×3 positive annual observations
5-year average20.71×5 positive annual observations
10-year average19.87×10 positive annual observations
Peer median · TTM19.52×7 peers with positive P/E
Historical P/E ratios
Annual period-end data · 25 observations
| Period end | P/E | Change |
|---|---|---|
| Dec 31, 2025 | 15.99× | -13.3% |
| Dec 31, 2024 | 18.43× | -62.8% |
| Dec 31, 2023 | 49.49× | +733.5% |
| Dec 31, 2022 | 5.94× | -56.6% |
| Dec 31, 2021 | 13.68× | -33.5% |
| Dec 31, 2020 | 20.58× | +12.6% |
| Dec 31, 2019 | 18.28× | +61.5% |
| Dec 31, 2018 | 11.32× | -53.8% |
View all 25 annual observations +
| Period end | P/E | Change |
|---|---|---|
| Dec 31, 2017 | 24.48× | +19.5% |
| Dec 31, 2016 | 20.48× | +2.9% |
| Dec 31, 2015 | 19.90× | +1.3% |
| Dec 31, 2014 | 19.64× | -17.5% |
| Dec 31, 2013 | 23.81× | +22.6% |
| Dec 31, 2012 | 19.43× | +6.9% |
| Dec 31, 2011 | 18.17× | +1.6% |
| Dec 31, 2010 | 17.89× | N/M |
| Dec 31, 2009 | N/M | N/M |
| Dec 31, 2008 | 22.22× | +47.6% |
| Dec 31, 2007 | 15.05× | -17.2% |
| Dec 31, 2006 | 18.19× | +3.2% |
| Dec 31, 2005 | 17.62× | +18.8% |
| Dec 31, 2004 | 14.83× | +2.4% |
| Dec 31, 2003 | 14.48× | N/M |
| Dec 31, 2002 | N/M | N/M |
| Dec 31, 2001 | 11.70× | N/M |
Change is relative to the preceding observation. N/M values are excluded from averages.
How LCII compares
Company P/E vs. peer trailing-12-month ratios
| Company | P/E ratio |
|---|---|
 LCII This stockLCI Industries | 12.35× |
 PRKSUnited Parks & Resorts Inc. | 13.17× |
 HOGHarley-Davidson, Inc. | N/M |
 GEFGreif, Inc. | 4.73× |
 COLMColumbia Sportswear Company | 15.17× |
 CAKEThe Cheesecake Factory Incorporated | 26.34× |
 ZGNErmenegildo Zegna N.V. | 43.03× |
 YETIYETI Holdings, Inc. | 19.52× |
 TPHTri Pointe Homes, Inc. | 34.52× |
Peers are selected by the data provider. Business models and earnings definitions can differ.
Put the numbers in context
What does LCII’s P/E tell you?
Compare like with like
The median of the 7 positive peer ratios above is 19.52×. 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 LCII 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("LCII", "PE Ratio", "LQ")Sources & calculation methodology
Current P/E
Share price 100.81 ÷ EPS 8.16 = 12.35×. Data is supplied by Financial Modeling Prep through Wisesheets. Quote feed updated Nov 2, 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.
LCII P/E ratio: common questions
The essentials behind the numbers.
LCI Industries's current P/E is 12.35× based on the quote data last updated Nov 2, 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.