Price to Earnings (P/E)
since 2005
Calculation
Accenture PLC, P/E, long-term trends, calculation
| P/E | = | Share price1, 2, 3 | ÷ | Earnings per share1 (EPS) | EPS1 | = | Net income attributable to Accenture plc1 (in thousands) |
÷ | No. shares of common stock outstanding2 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Oct 16, 2026 | 16.22 | = | 229.68 | ÷ | 14.16 | 14.16 | = | 8,367,056 | ÷ | 591,038,148 | |
| Oct 10, 2025 | 19.47 | = | 240.94 | ÷ | 12.38 | 12.38 | = | 7,678,433 | ÷ | 620,441,250 | |
| Oct 10, 2024 | 31.07 | = | 361.07 | ÷ | 11.62 | 11.62 | = | 7,264,787 | ÷ | 625,163,402 | |
| Oct 12, 2023 | 27.81 | = | 304.36 | ÷ | 10.94 | 10.94 | = | 6,871,557 | ÷ | 627,937,555 | |
| Oct 12, 2022 | 22.93 | = | 250.07 | ÷ | 10.91 | 10.91 | = | 6,877,169 | ÷ | 630,580,797 | |
| Oct 15, 2021 | 36.58 | = | 341.82 | ÷ | 9.34 | 9.34 | = | 5,906,809 | ÷ | 632,153,357 | |
| Oct 22, 2020 | 28.32 | = | 228.14 | ÷ | 8.06 | 8.06 | = | 5,107,839 | ÷ | 634,093,454 | |
| Oct 29, 2019 | 24.58 | = | 184.80 | ÷ | 7.52 | 7.52 | = | 4,779,112 | ÷ | 635,672,438 | |
| Oct 24, 2018 | 24.10 | = | 153.12 | ÷ | 6.35 | 6.35 | = | 4,059,907 | ÷ | 638,990,838 | |
| Oct 26, 2017 | 26.18 | = | 141.97 | ÷ | 5.42 | 5.42 | = | 3,445,149 | ÷ | 635,224,220 | |
| Oct 28, 2016 | 18.07 | = | 115.67 | ÷ | 6.40 | 6.40 | = | 4,111,892 | ÷ | 642,184,419 | |
| Oct 30, 2015 | 22.75 | = | 107.20 | ÷ | 4.71 | 4.71 | = | 3,053,581 | ÷ | 648,101,194 | |
| Oct 24, 2014 | 17.46 | = | 78.35 | ÷ | 4.49 | 4.49 | = | 2,941,498 | ÷ | 655,502,521 | |
| Oct 29, 2013 | 15.20 | = | 74.91 | ÷ | 4.93 | 4.93 | = | 3,281,878 | ÷ | 666,014,836 | |
| Oct 30, 2012 | 17.95 | = | 67.41 | ÷ | 3.76 | 3.76 | = | 2,553,510 | ÷ | 679,888,683 | |
| Oct 21, 2011 | 17.60 | = | 58.08 | ÷ | 3.30 | 3.30 | = | 2,277,677 | ÷ | 690,110,636 | |
| Oct 26, 2010 | 17.62 | = | 45.05 | ÷ | 2.56 | 2.56 | = | 1,780,656 | ÷ | 696,452,274 | |
| Oct 19, 2009 | 17.45 | = | 38.69 | ÷ | 2.22 | 2.22 | = | 1,589,963 | ÷ | 717,002,084 | |
| Oct 20, 2008 | 13.74 | = | 31.86 | ÷ | 2.32 | 2.32 | = | 1,691,751 | ÷ | 729,637,683 | |
| Oct 23, 2007 | 24.38 | = | 39.85 | ÷ | 1.63 | 1.63 | = | 1,243,148 | ÷ | 760,495,475 | |
| Oct 18, 2006 | 26.95 | = | 31.91 | ÷ | 1.18 | 1.18 | = | 973,329 | ÷ | 822,093,596 | |
| Oct 31, 2005 | 24.06 | = | 26.31 | ÷ | 1.09 | 1.09 | = | 940,474 | ÷ | 859,871,173 |
Based on: 10-K (reporting date: 2026-08-31), 10-K (reporting date: 2025-08-31), 10-K (reporting date: 2024-08-31), 10-K (reporting date: 2023-08-31), 10-K (reporting date: 2022-08-31), 10-K (reporting date: 2021-08-31), 10-K (reporting date: 2020-08-31), 10-K (reporting date: 2019-08-31), 10-K (reporting date: 2018-08-31), 10-K (reporting date: 2017-08-31), 10-K (reporting date: 2016-08-31), 10-K (reporting date: 2015-08-31), 10-K (reporting date: 2014-08-31), 10-K (reporting date: 2013-08-31), 10-K (reporting date: 2012-08-31), 10-K (reporting date: 2011-08-31), 10-K (reporting date: 2010-08-31), 10-K (reporting date: 2009-08-31), 10-K (reporting date: 2008-08-31), 10-K (reporting date: 2007-08-31), 10-K (reporting date: 2006-08-31), 10-K (reporting date: 2005-08-31).
1 US$
2 Data adjusted for splits and stock dividends.
3 Closing price as at the filing date of Accenture PLC Annual Report.
The financial trajectory from 2005 to 2026 is characterized by consistent growth in fundamental earnings and significant fluctuations in market valuation. A sustained increase in Earnings per share (EPS) has served as the primary driver for the long-term appreciation of the share price, although the Price-to-Earnings (P/E) ratio indicates varying levels of investor confidence and market sentiment over the two-decade period.
- Earnings Per Share (EPS) Performance
- EPS demonstrates a robust and nearly linear growth pattern, rising from 1.09 US$ in 2005 to 14.16 US$ by 2026. This steady climb reflects a strong capacity for increasing profitability per share, maintaining an upward trend even during periods of share price volatility.
- Share Price Evolution
- The share price experienced a general upward trend for the majority of the period, starting at 26.31 US$ in 2005 and reaching a peak of 361.07 US$ in 2024. However, a notable decline is observed in the final two years of the sequence, with the price retreating to 229.68 US$ by 2026, despite the continued growth in EPS.
- P/E Ratio Analysis
- The P/E ratio reveals four distinct valuation phases. An initial period of moderate valuation (2005–2007) was followed by a period of compression between 2008 and 2014, where the ratio hit a low of 13.74. A phase of significant valuation expansion occurred from 2015 to 2021, culminating in a peak ratio of 36.58. The final phase, from 2022 to 2026, shows a normalization or contraction of the multiple, ending at 16.22.
- Correlation Between Valuation and Fundamentals
- The divergence between EPS and share price is most evident in the 2021 to 2026 window. While EPS continued to rise, the P/E ratio contracted sharply from its 36.58 peak. This suggests that the share price decline in the latter years was not caused by a failure in earnings performance, but rather by a reduction in the multiple the market was willing to pay for those earnings.
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Comparison to Competitors
Accenture PLC, P/E, long-term trends, comparison to competitors
| Accenture PLC | Adobe Inc. | AppLovin Corp. | Cadence Design Systems Inc. | Datadog Inc. | International Business Machines Corp. | Intuit Inc. | Microsoft Corp. | Oracle Corp. | Palantir Technologies Inc. | Palo Alto Networks Inc. | Salesforce Inc. | ServiceNow Inc. | Synopsys Inc. | Workday Inc. | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Oct 16, 2026 | 16.22 | — | — | — | — | — | 18.37 | 21.68 | 29.69 | — | 901.90 | 23.88 | — | — | 56.01 |
| Oct 10, 2025 | 19.47 | 17.51 | 41.68 | 72.92 | 398.52 | 20.31 | 48.19 | 37.46 | 47.60 | 195.77 | 112.39 | 45.28 | 69.85 | 69.11 | 122.85 |
| Oct 10, 2024 | 31.07 | 31.98 | 68.97 | 67.09 | 235.49 | 39.68 | 58.94 | 35.67 | 37.63 | 632.38 | 42.42 | 71.24 | 146.40 | 33.69 | 50.53 |
| Oct 12, 2023 | 27.81 | 49.64 | 56.56 | 78.64 | 884.97 | 22.50 | 64.61 | 33.96 | 38.96 | 246.77 | 170.35 | 879.57 | 90.80 | 70.08 | — |
| Oct 12, 2022 | 22.93 | 33.15 | — | 59.70 | — | 71.56 | 57.31 | 28.34 | 26.85 | — | — | 135.68 | 284.29 | 51.76 | 1,957.29 |
| Oct 15, 2021 | 36.58 | 48.90 | 472.35 | 53.88 | — | 19.40 | 75.17 | 35.14 | 15.84 | — | — | 48.20 | 487.70 | 73.37 | — |
| Oct 22, 2020 | 28.32 | 41.69 | — | 62.89 | — | 19.30 | 49.52 | 35.04 | 16.69 | — | — | 1,204.70 | 978.49 | 55.92 | — |
| Oct 29, 2019 | 24.58 | 57.17 | — | 20.22 | — | 13.35 | 48.17 | 26.86 | 16.89 | — | — | 107.70 | 106.89 | 39.55 | — |
| Oct 24, 2018 | 24.10 | 46.11 | — | 46.59 | — | 14.25 | 46.88 | 50.00 | 45.90 | — | — | 731.11 | — | 29.60 | — |
| Oct 26, 2017 | 26.18 | 57.41 | — | 55.67 | — | 25.07 | 37.26 | 26.25 | 22.49 | — | — | 324.94 | — | 95.81 | — |
| Oct 28, 2016 | 18.07 | 46.80 | — | 40.53 | — | 14.29 | 29.60 | 26.08 | 18.53 | — | — | — | — | 33.71 | — |
| Oct 30, 2015 | 22.75 | 70.59 | — | 25.14 | — | 9.65 | 63.89 | 30.63 | 17.92 | — | — | — | — | 30.45 | — |
| Oct 24, 2014 | 17.46 | 132.73 | — | 34.03 | — | 13.55 | 26.44 | 16.11 | 16.33 | — | — | — | — | 25.00 | — |
| Oct 29, 2013 | 15.20 | 104.21 | — | 26.30 | — | 11.58 | 21.73 | 12.14 | 12.78 | — | — | — | — | 24.68 | — |
| Oct 30, 2012 | 17.95 | 22.73 | — | 9.11 | — | 13.37 | 22.37 | 14.40 | 13.61 | — | 6,057.94 | — | — | 26.53 | — |
| Oct 21, 2011 | 17.60 | 18.49 | — | 44.80 | — | 14.47 | 22.53 | 10.03 | 19.17 | — | — | 251.73 | — | 17.51 | — |
| Oct 26, 2010 | 17.62 | 22.05 | — | 20.39 | — | 13.32 | 24.82 | 11.91 | 17.66 | — | — | 118.88 | — | 17.09 | — |
| Oct 19, 2009 | 17.45 | 46.62 | — | — | — | 12.24 | 20.01 | 14.56 | 19.25 | — | — | 87.39 | — | 18.86 | — |
| Oct 20, 2008 | 13.74 | 11.84 | — | — | — | 9.40 | 20.68 | 13.28 | 19.44 | — | — | 388.13 | — | 13.55 | — |
| Oct 23, 2007 | 24.38 | 27.23 | — | 10.43 | — | 15.20 | 21.92 | 74.58 | 23.58 | — | — | 10,271.10 | — | 29.39 | — |
| Oct 18, 2006 | 26.95 | 44.72 | — | 41.15 | — | 14.90 | 27.35 | 63.21 | 23.43 | — | — | 151.60 | — | 156.86 | — |
| Oct 31, 2005 | 24.06 | 38.61 | — | 103.88 | — | 15.85 | 21.02 | 70.27 | 23.70 | — | — | 207.38 | — | — | — |
Based on: 10-K (reporting date: 2026-08-31), 10-K (reporting date: 2025-08-31), 10-K (reporting date: 2024-08-31), 10-K (reporting date: 2023-08-31), 10-K (reporting date: 2022-08-31), 10-K (reporting date: 2021-08-31), 10-K (reporting date: 2020-08-31), 10-K (reporting date: 2019-08-31), 10-K (reporting date: 2018-08-31), 10-K (reporting date: 2017-08-31), 10-K (reporting date: 2016-08-31), 10-K (reporting date: 2015-08-31), 10-K (reporting date: 2014-08-31), 10-K (reporting date: 2013-08-31), 10-K (reporting date: 2012-08-31), 10-K (reporting date: 2011-08-31), 10-K (reporting date: 2010-08-31), 10-K (reporting date: 2009-08-31), 10-K (reporting date: 2008-08-31), 10-K (reporting date: 2007-08-31), 10-K (reporting date: 2006-08-31), 10-K (reporting date: 2005-08-31).
Comparison to Sector (Software & Services)
Accenture PLC, P/E, long-term trends, comparison to sector (software & services)
| Accenture PLC | Software & Services | |
|---|---|---|
| Oct 16, 2026 | 16.22 | — |
| Oct 10, 2025 | 19.47 | 39.53 |
| Oct 10, 2024 | 31.07 | 41.55 |
| Oct 12, 2023 | 27.81 | 40.00 |
| Oct 12, 2022 | 22.93 | 34.25 |
| Oct 15, 2021 | 36.58 | 37.62 |
| Oct 22, 2020 | 28.32 | 38.46 |
| Oct 29, 2019 | 24.58 | 28.30 |
| Oct 24, 2018 | 24.10 | 43.31 |
| Oct 26, 2017 | 26.18 | 30.27 |
| Oct 28, 2016 | 18.07 | 23.96 |
| Oct 30, 2015 | 22.75 | 23.38 |
| Oct 24, 2014 | 17.46 | 18.36 |
| Oct 29, 2013 | 15.20 | 14.09 |
| Oct 30, 2012 | 17.95 | 14.97 |
| Oct 21, 2011 | 17.60 | 13.91 |
| Oct 26, 2010 | 17.62 | 14.04 |
| Oct 19, 2009 | 17.45 | 15.17 |
| Oct 20, 2008 | 13.74 | 13.87 |
| Oct 23, 2007 | 24.38 | 43.67 |
| Oct 18, 2006 | 26.95 | 39.59 |
| Oct 31, 2005 | 24.06 | 44.69 |
Based on: 10-K (reporting date: 2026-08-31), 10-K (reporting date: 2025-08-31), 10-K (reporting date: 2024-08-31), 10-K (reporting date: 2023-08-31), 10-K (reporting date: 2022-08-31), 10-K (reporting date: 2021-08-31), 10-K (reporting date: 2020-08-31), 10-K (reporting date: 2019-08-31), 10-K (reporting date: 2018-08-31), 10-K (reporting date: 2017-08-31), 10-K (reporting date: 2016-08-31), 10-K (reporting date: 2015-08-31), 10-K (reporting date: 2014-08-31), 10-K (reporting date: 2013-08-31), 10-K (reporting date: 2012-08-31), 10-K (reporting date: 2011-08-31), 10-K (reporting date: 2010-08-31), 10-K (reporting date: 2009-08-31), 10-K (reporting date: 2008-08-31), 10-K (reporting date: 2007-08-31), 10-K (reporting date: 2006-08-31), 10-K (reporting date: 2005-08-31).
Comparison to Industry (Information Technology)
Accenture PLC, P/E, long-term trends, comparison to industry (information technology)
| Accenture PLC | Information Technology | |
|---|---|---|
| Oct 16, 2026 | 16.22 | — |
| Oct 10, 2025 | 19.47 | 40.70 |
| Oct 10, 2024 | 31.07 | 45.43 |
| Oct 12, 2023 | 27.81 | 36.13 |
| Oct 12, 2022 | 22.93 | 26.99 |
| Oct 15, 2021 | 36.58 | 29.75 |
| Oct 22, 2020 | 28.32 | 30.97 |
| Oct 29, 2019 | 24.58 | 23.40 |
| Oct 24, 2018 | 24.10 | 23.17 |
| Oct 26, 2017 | 26.18 | 23.55 |
| Oct 28, 2016 | 18.07 | 19.69 |
| Oct 30, 2015 | 22.75 | 16.54 |
| Oct 24, 2014 | 17.46 | 17.14 |
| Oct 29, 2013 | 15.20 | 14.15 |
| Oct 30, 2012 | 17.95 | 14.37 |
| Oct 21, 2011 | 17.60 | 13.71 |
| Oct 26, 2010 | 17.62 | 15.08 |
| Oct 19, 2009 | 17.45 | 21.50 |
| Oct 20, 2008 | 13.74 | 15.83 |
| Oct 23, 2007 | 24.38 | 36.48 |
| Oct 18, 2006 | 26.95 | 32.07 |
| Oct 31, 2005 | 24.06 | 33.76 |
Based on: 10-K (reporting date: 2026-08-31), 10-K (reporting date: 2025-08-31), 10-K (reporting date: 2024-08-31), 10-K (reporting date: 2023-08-31), 10-K (reporting date: 2022-08-31), 10-K (reporting date: 2021-08-31), 10-K (reporting date: 2020-08-31), 10-K (reporting date: 2019-08-31), 10-K (reporting date: 2018-08-31), 10-K (reporting date: 2017-08-31), 10-K (reporting date: 2016-08-31), 10-K (reporting date: 2015-08-31), 10-K (reporting date: 2014-08-31), 10-K (reporting date: 2013-08-31), 10-K (reporting date: 2012-08-31), 10-K (reporting date: 2011-08-31), 10-K (reporting date: 2010-08-31), 10-K (reporting date: 2009-08-31), 10-K (reporting date: 2008-08-31), 10-K (reporting date: 2007-08-31), 10-K (reporting date: 2006-08-31), 10-K (reporting date: 2005-08-31).