The PE ratio for Colgate Palmolive stock stands at 31.86 as of Apr 23, 2024. The calculation is based on the latest EPS of $2.78 and the stock price of $88.58 per share. A decrease of 13% has been observed in the PE ratio compared to its average of 36.8 of the last four quarters.
Over the last ten years, the average PE ratio of Colgate Palmolive has been 30.31. The current 31.86 P/E ratio is 5% higher than the historical average. Looking back at the last ten years, CL's PE ratio peaked in the Sep 2016 quarter at 47.83, with a price of $74.14 and an EPS of $1.55. The Dec 2018 quarter marked the lowest point at 21.57, with a price of $59.52 and an EPS of $2.76.
Maximum annual increase: 49.78% in 2015
Maximum annual decrease: -45.15% in 2016
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 28.67 | -22.49% |
| 2022 | 36.99 | 10.95% |
| 2021 | 33.34 | 22.8% |
| 2020 | 27.15 | 8.86% |
| 2019 | 24.94 | 15.62% |
| 2018 | 21.57 | -34.24% |
| 2017 | 32.8 | 37.35% |
| 2016 | 23.88 | -45.15% |
| 2015 | 43.54 | 49.78% |
| 2014 | 29.07 | 7.43% |
CL's current PE ratio is higher than the 5 and 10-year averages, but it is lower than its 3-year average.
CL's PE ratio stands lower than its peer stocks CHD and CLX, but it is higher than PG's and KMB's.
| Stock name | PE ratio | Market cap |
|---|---|---|
| KMB Kimberly Clark Corp | 25.19 | $46.39B |
| PG PROCTER & GAMBLE Co | 25.85 | $383.76B |
| CL Colgate Palmolive Co | 31.97 | $73.15B |
| CHD Church & Dwight Co Inc | 34.74 | $26.17B |
| CLX Clorox Co | 230.91 | $18.34B |
As of Apr 23, 2024, CL stock has a price to earnings ratio of 31.86.
Over the last 3 years, the average price to earnings ratio for CL stock is 33.05.
Over the last 5 years, the average price to earnings ratio for CL stock is 29.85.
Over the last ten years, the Sep 2016 quarter recorded the highest quarterly PE ratio at 47.83.
CL's current price to earnings ratio is 5% above 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 (Apr 23, 2024), Colgate Palmolive's share price is $88.58. The company's earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $2.78. Therefore, Colgate Palmolive's PE ratio for today is 31.86. PE RATIO(31.86) = STOCK PRICE($88.58) / TTM EPS($2.78)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.