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CARR Carrier Global PE ratio, current and historical analysis

As of Jun 18, 2024, the CARR stock has a P/E ratio of 44.71. The calculation is based on the latest EPS of $1.47 and the stock price of $65.72 per share. An increase of 35% has been observed in the PE ratio compared to its average of 33.1 of the past four quarters.

CARR PE ratio history

How has CARR's PE ratio performed in the past

The mean historical PE ratio of Carrier Global over the last five years is 19.43. The current 44.71 price-to-earnings ratio is 130% more than the historical average. Analyzing the last five years, CARR's PE ratio reached its highest point in the Mar 2024 quarter at 39.54, with a price of $58.13 and an EPS of $1.47. The Mar 2020 quarter saw the lowest point at 8.25, with a price of $17.25 and an EPS of $2.09.

Average
19.43
Median
16.47
Minimum
8.25
Maximum
39.54

Carrier Global PE ratio by year

Maximum annual increase: 262.6% in 2023

Maximum annual decrease: -65.17% in 2022

Year PE ratio Change
2023 35.68 262.6%
2022 9.84 -65.17%
2021 28.25 71.52%
2020 16.47 N/A
2019 N/A N/A
2018 N/A N/A
2017 N/A N/A

CARR average PE ratio chart

What is the average PE ratio of CARR for the past years

CARR's current PE ratio is higher than the 3-year average.

3-year avg
21.43
5-year avg
N/A
10-year avg
N/A
15-year avg
N/A

CARR PE vs peers

What is CARR's PE ratio compared to its peers

CARR's PE ratio is above its peer stocks JCI and LII.

Stock name PE ratio Market cap
JCI Johnson Controls International plc 27.72 $46.31B
LII Lennox International Inc 31.51 $19.47B
CARR Carrier Global Corp 44.15 $58.48B

Frequently asked questions

What is Carrier Global's PE ratio?

CARR's price to earnings ratio is 44.71 as of Jun 18, 2024.

What is the 3-year average PE ratio for Carrier Global (CARR)?

The average PE ratio for CARR stock over the past 3 years is 21.43.

What is the highest PE ratio for CARR?

Within the last five years, the current price to earnings ratio is at its peak with a value of 44.71.

How does the current PE ratio for CARR compare to its historical average?

CARR's current price to earnings ratio is 130% above its 5-year historical average.

How is CARR's PE ratio calculated (Carrier Global PE ratio formula)?

To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Jun 18, 2024), Carrier Global's share price is $65.72. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $1.47. Therefore, Carrier Global's price to earnings ratio for today is 44.71. PE RATIO(44.71) = STOCK PRICE($65.72) / TTM EPS($1.47)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.