As at May 6, 2024, the CBT stock has a price-to-earnings ratio of 12.4. This is based on the current EPS of $7.74 and the stock price of $95.94 per share. An increase of 8% has been recorded in the PE ratio compared to the average of 11.5 of the last four quarters.
The mean historical PE ratio of Cabot over the last ten years is 19.55. The current 12.4 P/E ratio is 37% lower than the historical average. In the past ten years, CBT's PE ratio peaked in the Dec 2017 quarter at 56.5, with a price of $61.59 and an EPS of $1.09. The Sep 2023 quarter marked the lowest point at 8.89, with a price of $69.27 and an EPS of $7.79.
Maximum annual increase: 51.91% in 2022
Maximum annual decrease: -49.2% in 2023
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 8.89 | -49.2% |
| 2022 | 17.5 | 51.91% |
| 2021 | 11.52 | N/A |
| 2020 | N/A | N/A |
| 2019 | 17.17 | N/A |
| 2018 | N/A | N/A |
| 2017 | 14.16 | -36.79% |
| 2016 | 22.4 | N/A |
| 2015 | N/A | N/A |
| 2014 | 16.59 | -7.58% |
Currently, CBT's PE ratio is lower than the 3, 5 and 10-year averages.
In comparison to its peers XOM and DOW, CBT's PE ratio is lower, but it is higher than KOP's. Cabot's PE ratio is trading below the peer group average of 26.45.
| Stock name | PE ratio | Market cap |
|---|---|---|
| KOP Koppers Holdings Inc | 11.75 | $914.15M |
| CBT Cabot Corp | 12.4 | $5.32B |
| XOM Exxon Mobil Corp | 14.31 | $460.35B |
| DOW Dow Inc | 33.93 | $40.32B |
| GLW Corning Inc | 45.81 | $28.65B |
| ASPN Aspen Aerogels Inc | N/A | $1.97B |
As of May 6, 2024, CBT stock has a price to earnings ratio of 12.4.
The average PE ratio for CBT stock over the past 3 years is 17.42.
The average PE ratio for CBT stock over the past 5 years is 18.21.
Over the last ten years, the quarterly PE ratio reached a historic high of 56.5 in the Dec 2017 quarter.
CBT's current price to earnings ratio is 37% below its 10-year historical average.
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 (May 6, 2024), Cabot's stock price is $95.94. The earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $7.74. Therefore, Cabot's PE ratio for today is 12.4. PE RATIO(12.4) = STOCK PRICE($95.94) / TTM EPS($7.74)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.