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CRS Carpenter Technology PE ratio, current and historical analysis

As of Jul 22, 2024, the Carpenter Technology stock's PE ratio is 45.35. This results from the current EPS of $2.66 and stock price of $120.64. The P/E ratio has increased by 39% from the past four quarters average of 32.7.

CRS PE ratio history

How has CRS's PE ratio performed in the past

The PE ratio of Carpenter Technology has averaged 78.34 over the last ten years. The current PE ratio of 45.35 is 42% 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
78.34
Median
26.85
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 3, 5 and 10-year averages.

3-year avg
46.94
5-year avg
164.65
10-year avg
78.34
15-year avg
77.69

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 current PE ratio of 45.35 is comparable to the average of its peer group, which is 14.71.

Stock name PE ratio Market cap
STLD Steel Dynamics Inc 8.62 $19.88B
WOR Worthington Industries Inc 9.04 $2.53B
NUE Nucor Corp 9.46 $38.69B
X United States Steel Corp 10.01 $8.71B
CMC COMMERCIAL METALS Co 12.03 $6.72B
BOOM DMC Global Inc 12.94 $284.34M
KMT Kennametal Inc 18.12 $1.95B
ATI Allegheny Technologies Inc 19.54 $7.73B
HAYN Haynes International Inc 19.88 $759.94M
USAP Universal Stainless & Alloy Products Inc 29.48 $281.76M
CRS Carpenter Technology Corp 46.92 $6.19B

Frequently asked questions

What is Carpenter Technology's PE ratio?

As of Jul 22, 2024, CRS stock has a price to earnings ratio of 45.35.

What is the 3-year average PE ratio for Carpenter Technology (CRS)?

The 3-year average PE ratio for CRS stock is 46.94.

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

The 5-year average PE ratio for CRS stock is 164.65.

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 42% 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 (Jul 22, 2024), Carpenter Technology's stock price is $120.64. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $2.66. Therefore, Carpenter Technology's P/E ratio for today is 45.35. PE RATIO(45.35) = STOCK PRICE($120.64) / TTM EPS($2.66)

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