The current PE ratio for Charter Communications stock as of May 1, 2024 is 8.25. This is calculated based on the TTM EPS of $31.47 and the stock price of $259.7 per share. The PE ratio has decreased by 32% from its last 4 quarters average of 12.1.
The average historical PE ratio of Charter Communications for the last eight years is 37.3. The current price-to-earnings ratio of 8.25 is 78% less than the historical average. Analyzing the last eight years, CHTR's PE ratio reached its highest point in the Sep 2017 quarter at 198.59, when the price was $363.42 and the EPS was $1.83. The lowest point was recorded in the Jun 2018 quarter, when it reached 7.46 with a price of $293.21 and an EPS of $39.31.
Maximum annual increase: 518.48% in 2018
Maximum annual decrease: -57.91% in 2022
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 12.73 | 17.54% |
| 2022 | 10.83 | -57.91% |
| 2021 | 25.73 | -38.36% |
| 2020 | 41.74 | -34.61% |
| 2019 | 63.83 | 18.49% |
| 2018 | 53.87 | 518.48% |
| 2017 | 8.71 | -48.43% |
| 2016 | 16.89 | N/A |
| 2015 | N/A | N/A |
| 2014 | N/A | N/A |
The current PE ratio of CHTR is under its 3, 5 and 10-year averages.
CHTR's PE ratio is below its peer stocks VZ and CMCSA.
| Stock name | PE ratio | Market cap |
|---|---|---|
| CHTR Charter Communications Inc | 8.34 | $37.79B |
| T At&T Inc | 8.55 | $120.42B |
| CMCSA Comcast Corp | 10.15 | $150.51B |
| VZ Verizon Communications Inc | 14.53 | $163.95B |
The price to earnings ratio for CHTR stock is 8.25 as of May 1, 2024.
Over the last 3 years, the average PE ratio for CHTR stock is 17.35.
Over the last 5 years, the average PE ratio for CHTR stock is 31.76.
The highest quarterly PE ratio in the last eight years has been 198.59 and it was in the Sep 2017 quarter.
The current PE ratio of CHTR is 78% lower than the 8-year historical average.
A company with a lower PE ratio may indicate that the market has lower growth expectations for the company's future earnings.
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (May 1, 2024), Charter Communications's share price is $259.7. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $31.47. Therefore, Charter Communications's price to earnings ratio for today is 8.25. PE RATIO(8.25) = STOCK PRICE($259.7) / TTM EPS($31.47)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.