CNM
Core & Main
PE ratio, current and historical analysis
- Stocks
- Industrials
- NYSE: CNM
- PE Ratio
The current PE ratio for Core & Main stock as of Jul 31, 2026 is 18.55. This is calculated based on the current EPS of $2.37 and the stock price of $43.97 per share. The P/E ratio has a decrease of 21% from the past four quarters average of 23.6.
CNM PE ratio history
The average historical PE ratio of Core & Main for the last five years is 20.87. The current PE ratio of 18.55 is 11% below the historical average. Over the past five years, CNM's PE ratio was at its highest in the Jan 2022 quarter at 41.14, when the stock price was $23.45 and the EPS was $0.57. The lowest value was in the Jan 2023 quarter, when it reached 10.03 with a price of $21.67 and an EPS of $2.16.
Core & Main PE ratio by year
Maximum annual increase: 88.04% in 2024
Maximum annual decrease: -75.62% in 2023
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2026 | 23 | -12.78% | $53.36 | $2.32 |
| 2025 | 26.37 | 39.82% | $56.44 | $2.14 |
| 2024 | 18.86 | 88.04% | $40.55 | $2.15 |
| 2023 | 10.03 | -75.62% | $21.67 | $2.16 |
| 2022 | 41.14 | N/A | $23.45 | $0.57 |
| 2021 | N/A | N/A | N/A | $0.48 |
| 2020 | N/A | N/A | N/A | $0.45 |
| 2019 | N/A | N/A | N/A | $0.4 |
Core & Main PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| May 2026 | 20.68 | -10.09% | $49.02 | $2.37 |
| Feb 2026 | 23 | 0.92% | $53.36 | $2.32 |
| Nov 2025 | 22.79 | -17.81% | $52.18 | $2.29 |
| Aug 2025 | 27.73 | 11.68% | $62.68 | $2.26 |
| May 2025 | 24.83 | -5.84% | $53.88 | $2.17 |
| Feb 2025 | 26.37 | 24.86% | $56.44 | $2.14 |
| Oct 2024 | 21.12 | -17.14% | $45.2 | $2.14 |
| Jul 2024 | 25.49 | -4.85% | $53.53 | $2.1 |
| Apr 2024 | 26.79 | 42.05% | $57.32 | $2.14 |
| Jan 2024 | 18.86 | 35.88% | $40.55 | $2.15 |
| Oct 2023 | 13.88 | -8.98% | $29.43 | $2.12 |
| Jul 2023 | 15.25 | 25.83% | $32.33 | $2.12 |
| Apr 2023 | 12.12 | 20.84% | $26.06 | $2.15 |
| Jan 2023 | 10.03 | -8.49% | $21.67 | $2.16 |
| Oct 2022 | 10.96 | -13.29% | $23.56 | $2.15 |
CNM Price vs fair value
CNM average PE ratio chart
What this chart measures
The Historical Valuation Regime chart shows where the stock's current valuation sits relative to its own historical valuation range over the selected lookback period.
This is a history-relative tool, not a market-relative percentile. It does not compare the stock to other companies. Instead, it compares each historical valuation reading to the stock's own past readings.
Percentile logic
The threshold lines are calculated them from the stock's real historical values using percentile interpolation. That is why some colored bands are narrow while others are wide: the band widths reflect how the stock actually traded through time.
Regime map
| Historical percentile | Regime | Chart meaning |
|---|---|---|
| 0-10 | Historically Low | Deep cheap zone |
| >10-25 | Below Average | Cheap relative to history |
| >25-75 | Average | Within the normal historical range |
| >75-90 | Above Average | Expensive relative to history |
| >90-100 | Historically High | Extreme or stretched valuation |
How to read each part
| Chart element | What it tells you |
|---|---|
| Main line | The actual historical valuation values over time for the selected metric. |
| Dashed horizontal lines | The stock's computed P10, P25, Median, P75, and P90 thresholds for the selected period. |
| Colored bands | The historical valuation zones between those thresholds. |
| Metric boxes | Current ratio, historical median, current percentile, and current regime. |
| Timeline strip | A condensed regime history showing how the stock moved between cheap, fair, and expensive states across each observation. |
Important metric definitions
Current Percentile is the percentile rank of the latest valid historical observation within the selected lookback range.
Current Regime is assigned directly from the latest observation's percentile bucket using the fixed 10 / 25 / 75 / 90 cutoffs shown above.
How to use it well
This chart is most useful for answering a narrow question: Is this stock trading high, low, or normal relative to its own history? It works best alongside growth, profitability, and forward-looking business analysis, because a stock can deserve a higher or lower regime if its business quality has changed.
CNM's current P/E ratio is below the 3 and 5-year averages.
PE comparison
With a P/E of 18.55, CNM is below the Industrials sector and the industry average. Compared to its Industrials sector average of 28.25, Core & Main's P/E is 34% lower.
CNM PE vs peers
CNM's PE ratio is lower than its peer stocks RBA and MSM.
| Stock name | PE ratio | Market cap |
|---|---|---|
| CNM Core & Main Inc | 19.18 | $8.8B |
| MSM MSC Industrial Direct Co. Inc - Class A | 29.97 | $6.93B |
| RBA Ritchie Bros Auctioneers Inc | 51.28 | $20.73B |
Frequently asked questions
What is Core & Main's PE ratio?
The price to earnings ratio for CNM stock as of Jul 31, 2026, stands at 18.55.
What is the 3-year average PE ratio for Core & Main (CNM)?
The 3-year average PE ratio for CNM stock is 22.87.
What is the 5-year average PE ratio for Core & Main (CNM)?
The 5-year average PE ratio for CNM stock is 20.87.
What is the highest PE ratio for CNM?
The highest quarterly PE ratio in the last five years has been 41.14 and it was in the Jan 2022 quarter.
How does the current PE ratio for CNM compare to its historical average?
The current price to earnings ratio of CNM is 11% lower than the 5-year historical average.
How is CNM's PE ratio calculated (Core & Main PE ratio formula)?
The PE ratio is calculated by dividing the most recent price of a stock by its trailing twelve months EPS. As of today (Jul 31, 2026), Core & Main's stock price is $43.97. The earnings per share for the trailing twelve months (TTM) ending May 2026 is $2.37. Therefore, Core & Main's P/E ratio for today is 18.55. PE RATIO(18.55) = STOCK PRICE($43.97) / TTM EPS($2.37)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.