The current PE ratio for Cricut stock as of Jul 26, 2024 is 22.17. This is calculated based on the current EPS of $0.29 and the stock price of $6.43 per share. The P/E ratio has a decrease of 35% from the past four quarters average of 34.2.
The average historical PE ratio of Cricut for the last four years is 32.37. The current PE ratio of 22.17 is 32% below the historical average. Over the past four years, CRCT's PE ratio was at its highest in the Jun 2023 quarter at 55.45, when the stock price was $12.2 and the EPS was $0.22. The lowest value was in the Mar 2024 quarter, when it reached 16.41 with a price of $4.76 and an EPS of $0.29.
Maximum annual increase: 0.42% in 2022
Maximum annual decrease: -20.39% in 2023
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 26.36 | -20.39% |
| 2022 | 33.11 | 0.42% |
| 2021 | 32.97 | N/A |
| 2020 | N/A | N/A |
| 2019 | N/A | N/A |
| 2018 | N/A | N/A |
Currently, CRCT's PE ratio is below the 3-year average.
CRCT's PE ratio is lower than its peer stocks PANW and PAY.
| Stock name | PE ratio | Market cap |
|---|---|---|
| CRCT Cricut Inc | 22.17 | $1.39B |
| PANW Palo Alto Networks Inc | 42.39 | $105.82B |
| PAY Paymentus Holdings Inc | 88.75 | $2.64B |
As of Jul 26, 2024, CRCT stock has a price to earnings ratio of 22.17.
The 3-year average PE ratio for CRCT stock is 32.39.
In the last four years, the Jun 2023 quarter recorded the highest quarterly PE ratio at 55.45.
The current price to earnings ratio of CRCT is 32% lower than the 4-year historical average.
To determine the PE ratio, divide the most recent stock price by the TTM earnings per share (EPS). As of today (Jul 26, 2024), Cricut's stock price is $6.43. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $0.29. Therefore, Cricut's P/E ratio for today is 22.17. PE RATIO(22.17) = STOCK PRICE($6.43) / TTM EPS($0.29)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.