As of Jul 25, 2024, the CARR stock has a P/E ratio of 16.97. The calculation is based on the latest EPS of $3.82 and the stock price of $64.83 per share. A decrease of 48% has been observed in the PE ratio compared to its average of 32.5 of the past four quarters.
The mean historical PE ratio of Carrier Global over the last five years is 19.26. The current 16.97 price-to-earnings ratio is 12% less 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 under its 3-year average.
CARR's PE ratio is below its peer stocks JCI and LII.
| Stock name | PE ratio | Market cap |
|---|---|---|
| CARR Carrier Global Corp | 17.48 | $60.28B |
| JCI Johnson Controls International plc | 27.73 | $46.33B |
| LII Lennox International Inc | 31.59 | $20.41B |
CARR's price to earnings ratio is 16.97 as of Jul 25, 2024.
The average PE ratio for CARR stock over the past 3 years is 21.4.
Over the last five years, the Mar 2024 quarter recorded the highest quarterly PE ratio at 39.54.
CARR's current price to earnings ratio is 12% below 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 (Jul 25, 2024), Carrier Global's share price is $64.83. The company's earnings per share for the trailing twelve months (TTM) ending Jun 2024 is $3.82. Therefore, Carrier Global's price to earnings ratio for today is 16.97. PE RATIO(16.97) = STOCK PRICE($64.83) / TTM EPS($3.82)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.