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CRS Carpenter Technology PE ratio, current and historical analysis

As of Feb 23, 2024, the Carpenter Technology stock's PE ratio is 22.08. This results from the current EPS of $2.92 and stock price of $64.46. The P/E ratio has a decrease of 58% from the past four quarters average of 52.0.

CRS PE ratio history

How has CRS's PE ratio performed in the past

The PE ratio of Carpenter Technology has averaged 76.42 over the last ten years. The current PE ratio of 22.08 is 71% below the historical average. Over the past ten years, CRS's PE ratio was at its highest in the Jun 2020 quarter at 1,214, when the stock price was $24.28 and the EPS was $0.02. The lowest value was in the Mar 2020 quarter, when it reached 5.6 with a price of $19.5 and an EPS of $3.48.

Average
76.42
Median
25.75
Minimum
5.6
Maximum
1,214

Carpenter Technology PE ratio by year

Maximum annual increase: 8,652.7% in 2020

Maximum annual decrease: -73.59% in 2017

Year PE ratio Change
2023 48.81 N/A
2022 N/A N/A
2021 N/A N/A
2020 1,214 8,652.7%
2019 13.87 4.44%
2018 13.28 -64.88%
2017 37.81 -73.59%
2016 143.17 310.82%
2015 34.85 36.67%
2014 25.5 55.58%

CRS average PE ratio chart

What is the average PE ratio of CRS for the past years

Currently, CRS's PE ratio is below the 5 and 10-year averages.

3-year avg
N/A
5-year avg
148.25
10-year avg
76.42
15-year avg
75.95

CRS PE vs peers

What is CRS's PE ratio compared to its peers

Compared to its peer stocks NUE and STLD, CRS's PE ratio stands higher. Carpenter Technology's PE ratio is trading above the peer group average of 12.5.

Stock name PE ratio Market cap
CMC COMMERCIAL METALS Co 8.22 $6.34B
STLD Steel Dynamics Inc 8.27 $21.08B
NUE Nucor Corp 9.65 $47.07B
WOR Worthington Industries Inc 10.3 $3.13B
X United States Steel Corp 11.84 $10.54B
ATI Allegheny Technologies Inc 14.55 $5.97B
BOOM DMC Global Inc 15.66 $334.58M
KMT Kennametal Inc 15.86 $1.92B
HAYN Haynes International Inc 18.04 $761.1M
CRS Carpenter Technology Corp 21.76 $3.14B
USAP Universal Stainless & Alloy Products Inc N/A $184.45M

Frequently asked questions

What is Carpenter Technology's PE ratio?

As of Feb 23, 2024, CRS stock has a price to earnings ratio of 22.08.

What is the 5-year average PE ratio for Carpenter Technology (CRS)?

The 5-year average PE ratio for CRS stock is 148.25.

What is the highest PE ratio for CRS?

Over the last ten years, the quarterly PE ratio reached a historic high of 1,214 in the Jun 2020 quarter.

How does the current PE ratio for CRS compare to its historical average?

CRS's price to earnings ratio is currently 71% below its 10-year historical average.

How is CRS's PE ratio calculated (Carpenter Technology PE ratio formula)?

The PE ratio is calculated by taking the latest stock price and dividing it by the EPS for the last 12 months. As of today (Feb 23, 2024), Carpenter Technology's stock price is $64.46. The earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $2.92. Therefore, Carpenter Technology's P/E ratio for today is 22.08. PE RATIO(22.08) = STOCK PRICE($64.46) / TTM EPS($2.92)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.