The current PE ratio for Columbus Mckinnon stock as of May 1, 2024 is 24.47. This is calculated based on the current EPS of $1.69 and the stock price of $41.35 per share. The P/E ratio marks an increase of 11% from the past four quarters average of 22.1.
The average historical PE ratio of Columbus Mckinnon for the last ten years is 37.74. The current PE ratio of 24.47 is 35% below the historical average. Over the past ten years, CMCO's PE ratio was at its highest in the Jun 2021 quarter at 201, when the stock price was $48.24 and the EPS was $0.24. The lowest value was in the Mar 2020 quarter, when it reached 9.88 with a price of $25 and an EPS of $2.53.
Maximum annual increase: 1,305.26% in 2021
Maximum annual decrease: -71.19% in 2022
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 21.99 | -45.03% |
| 2022 | 40 | -71.19% |
| 2021 | 138.84 | 1,305.26% |
| 2020 | 9.88 | -47.36% |
| 2019 | 18.77 | -49.2% |
| 2018 | 36.95 | -34.5% |
| 2017 | 56.41 | 250.81% |
| 2016 | 16.08 | -18.83% |
| 2015 | 19.81 | 14.64% |
| 2014 | 17.28 | 261.51% |
Currently, CMCO's PE ratio is below the 3, 5 and 10-year averages.
Compared to its peer KAI, CMCO's PE ratio stands lower, however it is higher than CAT's and TEX's. Columbus Mckinnon's PE ratio is trading above the peer group average of 15.41.
| Stock name | PE ratio | Market cap |
|---|---|---|
| TEX Terex Corp | 7.31 | $3.75B |
| MTW Manitowoc Co Inc | 10.58 | $415.9M |
| CAT Caterpillar Inc | 14.87 | $161.98B |
| GENC Gencor Industries Inc | 16.42 | $255.19M |
| CMCO Columbus Mckinnon Corp | 24.47 | $1.19B |
| KAI Kadant Inc | 26.36 | $3.06B |
The price to earnings ratio for CMCO stock as of May 1, 2024, stands at 24.47.
The average PE ratio for CMCO stock over the past 3 years is 43.78.
The average PE ratio for CMCO stock over the past 5 years is 44.45.
The highest quarterly PE ratio in the last ten years has been 201 and it was in the Jun 2021 quarter.
The current price to earnings ratio of CMCO is 35% lower than the 10-year historical average.
The PE ratio is calculated by dividing the most recent price of a stock by its trailing twelve months EPS. As of today (May 1, 2024), Columbus Mckinnon's stock price is $41.35. The earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $1.69. Therefore, Columbus Mckinnon's P/E ratio for today is 24.47. PE RATIO(24.47) = STOCK PRICE($41.35) / TTM EPS($1.69)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.