KRT Karat Packaging PE ratio, current and historical analysis
As of Oct 22, 2024, the Karat Packaging stock's PE ratio is 18.94. This takes into account the latest EPS of $1.42 and stock price of $26.9. The PE ratio marks an increase of 10% from its last 4 quarters average of 17.3.
KRT PE ratio history
The PE ratio of Karat Packaging has averaged 16.07 over the last four years. The current P/E ratio of 18.94 is 18% higher than the historical average. Looking back at the last four years, KRT's PE ratio peaked in the Sep 2021 quarter at 23.9, when the price was $21.03 and the EPS was $0.88. The lowest point was in the Mar 2023 quarter, when it reached 10.18 with a price of $13.33 and an EPS of $1.31.
Karat Packaging PE ratio by year
Maximum annual increase: 26.24% in 2023
Maximum annual decrease: -32.44% in 2022
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 15.25 | 26.24% |
| 2022 | 12.08 | -32.44% |
| 2021 | 17.88 | N/A |
| 2020 | N/A | N/A |
| 2019 | N/A | N/A |
KRT average PE ratio chart
The current PE ratio of KRT is higher than its 3-year average.
KRT PE vs peers
KRT's PE ratio stands lower than its peer stock SWIM, but it is higher than MYE's.
| Stock name | PE ratio | Market cap |
|---|---|---|
| MYE Myers Industries Inc | 11.75 | $463.79M |
| KRT Karat Packaging Inc | 18.73 | $532.19M |
| SWIM Latham Group Inc | 66.1 | $763.96M |
Frequently asked questions
What is Karat Packaging's PE ratio?
KRT stock has a price to earnings ratio of 18.94 as of Oct 22, 2024.
What is the 3-year average PE ratio for Karat Packaging (KRT)?
As an average over the last 3 years, KRT stock has a PE ratio of 14.89.
What is the highest PE ratio for KRT?
Over the last four years, the Sep 2021 quarter recorded the highest quarterly PE ratio at 23.9.
How does the current PE ratio for KRT compare to its historical average?
KRT's price to earnings ratio is currently 18% above its 4-year historical average.
How is KRT's PE ratio calculated (Karat Packaging PE ratio formula)?
You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (Oct 22, 2024), Karat Packaging's share price is $26.9. The company's earnings per share for the trailing twelve months (TTM) ending Jun 2024 is $1.42. Therefore, Karat Packaging's PE ratio for today is 18.94. PE RATIO(18.94) = STOCK PRICE($26.9) / TTM EPS($1.42)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.