As of Nov 11, 2026, CAT's PEG ratio of 0.77 reflects its valuation relative to its growth. This value reflects a P/E ratio of 23.5 measured against EPS growth of 30.7%.
Caterpillar's nine years historical PEG ratio has an average of 0.82. Compared to historical data, CAT's 0.77 PE to growth ratio represents a decline of 6%. CAT reached its maximum PEG ratio of 4.1 during the Jun 2021 quarter over the past nine years. The Jun 2018 quarter had the bottom reading at 0.01, indicating the most optimal growth-adjusted valuation.
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| 2025 | N/A | 30.31 | -14.7% |
| 2024 | 1.72 | 16.36 | 9.5% |
| 2023 | 0.25 | 14.61 | 59.1% |
| 2022 | 2.85 | 18.83 | 6.6% |
| 2021 | 0.15 | 17.33 | 116.5% |
| 2020 | N/A | 33.03 | -49.2% |
| 2019 | 3.09 | 13.61 | 4.4% |
| 2018 | 0.02 | 12.23 | 718.1% |
| 2017 | 0.1 | 124.08 | 1,254.5% |
| 2016 | N/A | N/A | -102.6% |
| 2015 | 2.47 | 16.07 | 6.5% |
| 2014 | N/A | 23.06 | -32.4% |
| 2013 | N/A | 15.47 | -32.6% |
| 2012 | 0.74 | 10.29 | 14% |
| 2011 | 0.15 | 11.86 | 78.5% |
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| Sep 2026 | 1.03 | 31.67 | 30.7% |
| Jun 2026 | 2.51 | 45.61 | 18.2% |
| Mar 2026 | N/A | 35.09 | -2% |
| Dec 2025 | N/A | 30.31 | -14.7% |
| Sep 2025 | N/A | 24.37 | -9.6% |
| Jun 2025 | N/A | 19.66 | -10.5% |
| Mar 2025 | N/A | 16 | -7.4% |
| Dec 2024 | 1.72 | 16.36 | 9.5% |
| Sep 2024 | 0.82 | 18.06 | 22.1% |
| Jun 2024 | 0.41 | 15.1 | 36.6% |
| Mar 2024 | 0.26 | 16.46 | 63.7% |
| Dec 2023 | 0.25 | 14.61 | 59.1% |
| Sep 2023 | 0.55 | 15.39 | 28.1% |
| Jun 2023 | 0.54 | 15.24 | 28.4% |
| Mar 2023 | 1.28 | 16.83 | 13.2% |
CAT's PEG ratio today is below the 3, 5 and 10-year averages.
With a PEG of 0.77, CAT is below the Industrials sector average. Compared to its Industrials sector average of 0.86, Caterpillar's PEG is 10% lower.
Compared to its peer stocks GE and CMI, CAT's PEG ratio sits lower.
CAT's Nov 11, 2026 PEG ratio comes in at 0.77.
Historical data over a 3-year period places CAT's average PEG ratio at 1.0.
Historical data over a 5-year period places CAT's average PEG ratio at 0.87.
In the last nine years, CAT's peak PEG ratio of 4.1 was recorded in the Jun 2021 quarter.
Currently, CAT's PEG ratio stands 6% lower than its 9-year historical average.
PEG equals PE divided by EPS growth (YoY TTM). As of Nov 11, 2026, Caterpillar has a P/E ratio of 23.5. Earnings grew at 30.7% over the TTM period ending Sep 2026. Applying the formula, this produces a price to earnings growth ratio of 0.77. PEG RATIO(0.77) = PE RATIO(23.5) / EPS GROWTH(30.7%)
All PEG ratio stats are based on quarterly TTM periods, unless otherwise specified.