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CAT Caterpillar PE ratio, current and historical analysis

As of Jul 22, 2024, the Caterpillar stock's PE ratio is 15.63. This takes into account the latest EPS of $22.26 and stock price of $347.87. The PE ratio at present is nearly equal to the average from the previous 4 quarters.

CAT PE ratio history

How has CAT's PE ratio performed in the past

The PE ratio of Caterpillar has averaged 40.82 over the last ten years. The current P/E ratio of 15.63 is 62% lower than the historical average. Looking back at the last ten years, CAT's PE ratio peaked in the Jun 2017 quarter at 597, when the price was $107.46 and the EPS was $0.18. The lowest point was in the Sep 2019 quarter, when it reached 11.84 with a price of $126.31 and an EPS of $10.67.

Average
40.82
Median
18.26
Minimum
11.84
Maximum
597

Caterpillar PE ratio by year

Maximum annual increase: 142.69% in 2020

Maximum annual decrease: -90.14% in 2018

Year PE ratio Change
2023 14.61 -22.41%
2022 18.83 8.66%
2021 17.33 -47.53%
2020 33.03 142.69%
2019 13.61 11.28%
2018 12.23 -90.14%
2017 124.08 N/A
2016 N/A N/A
2015 16.07 -30.31%
2014 23.06 49.06%

CAT average PE ratio chart

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

Currently, CAT's PE ratio is lower than its 3, 5 and 10-year averages.

3-year avg
16.33
5-year avg
18.7
10-year avg
40.82
15-year avg
32.72

CAT PE vs peers

What is CAT's PE ratio compared to its peers

CAT's PE ratio stands lower than its peer stocks GE and CMI, but it is higher than DE's. Caterpillar is currently trading at a lower PE ratio (15.63) than its peers average of 29.14.

Stock name PE ratio Market cap
DE Deere & Co 11.21 $103.12B
CAT Caterpillar Inc 15.44 $168.15B
CMI Cummins Inc 20.53 $38.5B
ASTE Astec Industries Inc 31.7 $786.66M
GE General Electric Co 56.63 $191.53B

Frequently asked questions

What is Caterpillar's PE ratio?

As of Jul 22, 2024, CAT stock has a price to earnings ratio of 15.63.

What is the 3-year average PE ratio for Caterpillar (CAT)?

As an average over the last 3 years, CAT stock has a PE ratio of 16.33.

What is the 5-year average PE ratio for Caterpillar (CAT)?

As an average over the last 5 years, CAT stock has a PE ratio of 18.7.

What is the highest PE ratio for CAT?

Over the last ten years, the quarterly PE ratio reached its highest level at 597 in the Jun 2017 quarter.

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

CAT's price to earnings ratio is currently 62% below its 10-year historical average.

How is CAT's PE ratio calculated (Caterpillar PE ratio formula)?

The P/E ratio is calculated by taking the latest stock price and dividing it by the EPS for the last 12 months. As of today (Jul 22, 2024), Caterpillar's share price is $347.87. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $22.26. Therefore, Caterpillar's PE ratio for today is 15.63. PE RATIO(15.63) = STOCK PRICE($347.87) / TTM EPS($22.26)

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