AutoStore's Price-to-Earnings Ratio Sparks Concern Amid Amazon Deal
AutoStore Holdings (OB:AUTO) has been gaining attention after its busy day on August 13, 2026. The company announced a framework supply agreement with Amazon, strong Q2 and half-year results, new 2026 guidance, and a share repurchase program. However, despite these positives, the stock's price-to-earnings (P/E) ratio of 36.9x is considered expensive compared to its peers and the wider European Machinery industry.
The company's P/E multiple compares its share price to earnings per share and is one way investors judge how much they're paying for current profits. For AutoStore Holdings, a higher P/E often reflects expectations for continued earnings growth and confidence in the quality of those earnings, rather than just its latest quarterly result.
The stock's price level asks investors to accept a premium valuation for the company's reported earnings. The SWS DCF model points to a similar conclusion, with the stock sitting slightly above an estimated future cash flow value of NOK16.72 at NOK17.