Argan Inc (AGX) valuation
Argan P/E ratio history
Argan trades at 27.2 times its earnings over the last twelve months and 23.4 times the earnings analysts expect over the next twelve. At its last 9 fiscal year ends its P/E ranged from 9.5 (year to Jan 2018) to 35.6 (year to Jan 2026), with a median of 16.7.
| Fiscal year ended | Price | EPS | P/E | Forward P/E |
|---|---|---|---|---|
| Jan 31, 2026 | $347.11 | $9.74 | 35.6 | 37.5 |
| Jan 31, 2025 | $136.80 | $6.15 | 22.2 | 25.9 |
| Jan 31, 2024 | $44.33 | $2.39 | 18.6 | 14.5 |
| Jan 31, 2023 | $38.99 | $2.33 | 16.7 | — |
| Jan 31, 2022 | $37.15 | $2.40 | 15.5 | — |
| Jan 31, 2021 | $43.23 | $1.51 | 28.6 | — |
| Jan 31, 2020 | $42.11 | -$2.74 | n/m | — |
| Jan 31, 2019 | $42.22 | $3.32 | 12.7 | — |
| Jan 31, 2018 | $43.60 | $4.57 | 9.5 | — |
| Jan 31, 2017 | $73.75 | $4.55 | 16.2 | — |
n/m: not meaningful (a loss, or earnings close to zero). The daily P/E line is a chart indicator in the app.
Argan valuation against its peers
| Company | Market value | P/E | Forward P/E | Price / sales |
|---|---|---|---|---|
| ArganAGX | $4.82B | 27.2 | 23.4 | 4.1 |
| Joby AviationJOBY | $4.82B | — | — | 41.5 |
| Planet LabsPL | $4.80B | — | — | 12.7 |
| XometryXMTR | $4.93B | — | 94.6 | 6.1 |
| Csw IndustrialsCSW | $4.66B | 36.7 | 21.7 | 3.7 |
| Mercury SystemsMRCY | $4.66B | — | 46.3 | 4.7 |
| Rush EnterprisesRUSHA | $5.01B | 19.4 | 15.2 | 0.7 |
| GriffonGFF | $4.64B | 25.2 | 17.1 | 2.1 |
| Beta TechnologiesBETA | $4.63B | — | — | 96.9 |
| Peer median | 25.2 | 21.7 | 5.4 |
Reading these multiples
The P/E divides the share price by earnings per share over the last twelve months; the forward P/E divides it by the earnings analysts expect over the next twelve. Price to sales compares the company's market value with its revenue over the last twelve months. A multiple reads differently from one industry to the next, so the peer group above is the fairer comparison.
See also: AGX financials · AGX returns
No forecast, no recommendation. This page describes Argan Inc from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.