As of May 3, 2024, the CARR stock has a P/E ratio of 42.24. The calculation is based on the latest EPS of $1.47 and the stock price of $62.09 per share. An increase of 27% has been observed in the PE ratio compared to its average of 33.1 of the past four quarters.
The mean historical PE ratio of Carrier Global over the last five years is 19.43. The current 42.24 price-to-earnings ratio is 117% 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.
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's current PE ratio is higher than the 3-year average.
CARR's PE ratio is above its peer stocks JCI and LII.
| Stock name | PE ratio | Market cap |
|---|---|---|
| JCI Johnson Controls International plc | 25.15 | $42.02B |
| LII Lennox International Inc | 26.46 | $16.34B |
| CARR Carrier Global Corp | 42.24 | $55.94B |
CARR's price to earnings ratio is 42.24 as of May 3, 2024.
The average PE ratio for CARR stock over the past 3 years is 21.43.
Within the last five years, the current price to earnings ratio is at its peak with a value of 42.24.
CARR's current price to earnings ratio is 117% above its 5-year historical average.
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (May 3, 2024), Carrier Global's share price is $62.09. 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 42.24. PE RATIO(42.24) = STOCK PRICE($62.09) / TTM EPS($1.47)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.