As at Nov 22, 2024, the CNH stock has a PE ratio of 8.87. This is based on the current EPS of $1.37 and the stock price of $12.15 per share. An increase of 22% has been recorded in the P/E ratio compared to the average of 7.3 of the last 4 quarters.
The mean historical PE ratio of CNH Industrial over the last ten years is 21.76. The current 8.87 PE ratio is 59% below the historical average. In the past ten years, CNH's PE ratio was at its highest in the Sep 2015 quarter at 81.5, with a price of $6.52 and an EPS of $0.08. The Jun 2024 quarter recorded the bottom point at 6.62, with a price of $10.13 and an EPS of $1.53.
Maximum annual increase: 132.26% in 2015
Maximum annual decrease: -82.6% in 2018
Year | PE ratio | Change |
---|---|---|
2023 | 6.84 | -36.13% |
2022 | 10.71 | -30% |
2021 | 15.3 | N/A |
2020 | N/A | N/A |
2019 | 10.48 | -10.12% |
2018 | 11.66 | -82.6% |
2017 | 67 | N/A |
2016 | N/A | N/A |
2015 | 36 | 132.26% |
2014 | 15.5 | -26.26% |
Currently, CNH's PE ratio is lower than the 3, 5 and 10-year averages.
CNH's PE ratio is lower than its peer stocks CAT and DE, but it is greater than TEX's. CNH Industrial is presently trading at a lower PE ratio (8.87) than its peer group average of 18.94.
Stock name | PE ratio | Market cap |
---|---|---|
TEX Terex Corp | 7.79 | $3.59B |
CNH CNH Industrial NV | 8.87 | $15.18B |
OSK Oshkosh Corp | 10.78 | $7.27B |
PCAR Paccar Inc | 12.79 | $60.16B |
DE Deere & Co | 15.17 | $122.2B |
CAT Caterpillar Inc | 18.34 | $191.91B |
CMI Cummins Inc | 24.51 | $51.12B |
AGCO Agco Corp | 43.17 | $7.35B |
MTW Manitowoc Co Inc | N/A | $379.72M |
As of Nov 22, 2024, CNH stock has a price to earnings ratio of 8.87.
Over the last 3 years, the average price to earnings ratio for CNH stock is 9.36.
Over the last 5 years, the average price to earnings ratio for CNH stock is 13.12.
In the last ten years, the Sep 2015 quarter recorded the highest quarterly PE ratio at 81.5.
CNH's current price to earnings ratio is 59% below its 10-year historical average.
CNH's stock price is trading at a lower multiple of earnings, which is why its PE ratio of 8.87 is considered low.
To determine the PE ratio, divide the most recent stock price by the TTM earnings per share (EPS). As of today (Nov 22, 2024), CNH Industrial's stock price is $12.15. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $1.37. Therefore, CNH Industrial's P/E ratio for today is 8.87. PE RATIO(8.87) = STOCK PRICE($12.15) / TTM EPS($1.37)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.