CRS Carpenter Technology PE ratio, current and historical analysis
As of Nov 21, 2024, the Carpenter Technology stock's PE ratio is 39.72. This results from the current EPS of $4.55 and stock price of $180.71. The P/E ratio has increased by 38% from the past four quarters average of 28.8.
CRS PE ratio history
The PE ratio of Carpenter Technology has averaged 77.06 over the last ten years. The current PE ratio of 39.72 is 48% 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.
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 |
|---|---|---|
| 2024 | 29.22 | -40.14% |
| 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% |
CRS average PE ratio chart
Currently, CRS's PE ratio is below the 3, 5 and 10-year averages.
CRS PE vs peers
Compared to its peer WOR, CRS's PE ratio stands lower, however it is higher than NUE's and STLD's. Carpenter Technology's PE ratio is trading above the peer group average of 21.32.
| Stock name | PE ratio | Market cap |
|---|---|---|
| STLD Steel Dynamics Inc | 13 | $22.07B |
| CMC COMMERCIAL METALS Co | 14.42 | $6.88B |
| NUE Nucor Corp | 14.45 | $35.22B |
| USAP Universal Stainless & Alloy Products Inc | 15.34 | $411.23M |
| ATI Allegheny Technologies Inc | 17.62 | $8.3B |
| HAYN Haynes International Inc | 20.74 | $779.76M |
| KMT Kennametal Inc | 22.52 | $2.24B |
| X United States Steel Corp | 23.02 | $9.12B |
| CRS Carpenter Technology Corp | 39.72 | $9.01B |
| WOR Worthington Industries Inc | 50.73 | $1.99B |
| BOOM DMC Global Inc | N/A | $151.6M |
Frequently asked questions
What is Carpenter Technology's PE ratio?
As of Nov 21, 2024, CRS stock has a price to earnings ratio of 39.72.
What is the 3-year average PE ratio for Carpenter Technology (CRS)?
The 3-year average PE ratio for CRS stock is 42.71.
What is the 5-year average PE ratio for Carpenter Technology (CRS)?
The 5-year average PE ratio for CRS stock is 153.2.
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 48% 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 (Nov 21, 2024), Carpenter Technology's stock price is $180.71. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $4.55. Therefore, Carpenter Technology's P/E ratio for today is 39.72. PE RATIO(39.72) = STOCK PRICE($180.71) / TTM EPS($4.55)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.