As of May 3, 2024, the Carpenter Technology stock's PE ratio is 38.96. This results from the current EPS of $2.66 and stock price of $103.64. The P/E ratio has increased by 19% from the past four quarters average of 32.7.
The PE ratio of Carpenter Technology has averaged 76.45 over the last ten years. The current PE ratio of 38.96 is 49% 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.
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% |
Currently, CRS's PE ratio is below the 3, 5 and 10-year averages.
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 14.08.
| Stock name | PE ratio | Market cap |
|---|---|---|
| STLD Steel Dynamics Inc | 9.2 | $21.43B |
| X United States Steel Corp | 9.42 | $8.2B |
| CMC COMMERCIAL METALS Co | 9.59 | $6.47B |
| NUE Nucor Corp | 9.64 | $41.87B |
| WOR Worthington Industries Inc | 10.65 | $2.98B |
| BOOM DMC Global Inc | 12.4 | $272.56M |
| KMT Kennametal Inc | 16.04 | $1.95B |
| HAYN Haynes International Inc | 17.95 | $757.26M |
| ATI Allegheny Technologies Inc | 18.29 | $7.24B |
| USAP Universal Stainless & Alloy Products Inc | 27.87 | $266.32M |
| CRS Carpenter Technology Corp | 38.96 | $5.14B |
As of May 3, 2024, CRS stock has a price to earnings ratio of 38.96.
The 3-year average PE ratio for CRS stock is 46.94.
The 5-year average PE ratio for CRS stock is 149.57.
Over the last ten years, the quarterly PE ratio reached a historic high of 1,214 in the Jun 2020 quarter.
CRS's price to earnings ratio is currently 49% below its 10-year historical average.
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 (May 3, 2024), Carpenter Technology's stock price is $103.64. 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 38.96. PE RATIO(38.96) = STOCK PRICE($103.64) / TTM EPS($2.66)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.