Start with its own history
At 24.97×, THO is 45.7% above its 10-observation annual average. A lower multiple can reflect a lower price, higher earnings, or weaker growth expectations—not necessarily a bargain.
NYSE · THOAuto - Recreational VehiclesUpdated Nov 5, 2026
Thor Industries, Inc. P/E ratio
Current valuation, historical context, and peer comparisons.
Current P/E ratio
24.97×
45.7% abovethe 10-year annual average
Share price84.65
÷Earnings per share3.39
Price and EPS in quote currency. Calculation details
Investors are paying 24.97 for every 1 of reported earnings per share.
P/E over time
2017 – 2026
Annual P/ESelected-period average 17.14×
3-year average20.70×3 positive annual observations
5-year average16.54×5 positive annual observations
10-year average17.14×10 positive annual observations
Peer median · TTM19.60×8 peers with positive P/E
Historical P/E ratios
Annual period-end data · 25 observations
| Period end | P/E | Change |
|---|---|---|
| Jul 31, 2026 | 22.12× | +18.4% |
| Jul 31, 2025 | 18.68× | -12.3% |
| Jul 31, 2024 | 21.31× | +29.2% |
| Jul 31, 2023 | 16.50× | +304.6% |
| Jul 31, 2022 | 4.08× | -58.9% |
| Jul 31, 2021 | 9.92× | -64.8% |
| Jul 31, 2020 | 28.22× | +16.9% |
| Jul 31, 2019 | 24.13× | +107.8% |
View all 25 annual observations +
| Period end | P/E | Change |
|---|---|---|
| Jul 31, 2018 | 11.61× | -21.5% |
| Jul 31, 2017 | 14.80× | -5.8% |
| Jul 31, 2016 | 15.70× | +5.4% |
| Jul 31, 2015 | 14.90× | -5.5% |
| Jul 31, 2014 | 15.76× | -16.0% |
| Jul 31, 2013 | 18.77× | +47.6% |
| Jul 31, 2012 | 12.71× | -0.2% |
| Jul 31, 2011 | 12.74× | -4.8% |
| Jul 31, 2010 | 13.38× | -82.6% |
| Jul 31, 2009 | 77.13× | +556.5% |
| Jul 31, 2008 | 11.75× | -30.7% |
| Jul 31, 2007 | 16.95× | +14.3% |
| Jul 31, 2006 | 14.82× | -12.9% |
| Jul 31, 2005 | 17.01× | -0.6% |
| Jul 31, 2004 | 17.11× | -46.3% |
| Jul 31, 2003 | 31.87× | +98.3% |
| Jul 31, 2002 | 16.07× | N/M |
Change is relative to the preceding observation. N/M values are excluded from averages.
How THO compares
Company P/E vs. peer trailing-12-month ratios
| Company | P/E ratio |
|---|---|
 THO This stockThor Industries, Inc. | 24.97× |
 MTNVail Resorts, Inc. | 39.00× |
 DOOOBRP Inc. | 61.72× |
 LTHLife Time Group Holdings, Inc. | 25.07× |
 LEALear Corporation | 10.34× |
 WHWyndham Hotels & Resorts, Inc. | 29.49× |
 URBNUrban Outfitters, Inc. | 14.12× |
 GNTXGentex Corporation | 11.25× |
 GPIGroup 1 Automotive, Inc. | 8.63× |
Peers are selected by the data provider. Business models and earnings definitions can differ.
Put the numbers in context
What does THO’s P/E tell you?
Compare like with like
The median of the 8 positive peer ratios above is 19.60×. 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 THO 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("THO", "PE Ratio", "LQ")Sources & calculation methodology
Current P/E
Share price 84.65 ÷ EPS 3.39 = 24.97×. 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.
THO P/E ratio: common questions
The essentials behind the numbers.
Thor Industries, Inc.'s current P/E is 24.97× 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.