The current PE ratio for Cts stock as of Apr 26, 2024 is 23.92. This is calculated based on the TTM EPS of $1.93 and the stock price of $46.16 per share. The current PE ratio is about the same compared to the last four quarters average.
The average historical PE ratio of Cts for the last ten years is 36.25. The current P/E ratio of 23.92 is 34% lower than the historical average. Looking back at the last ten years, CTS's PE ratio peaked in the Jun 2016 quarter at 149.33, when the price was $17.92 and the EPS was $0.12. The lowest point was in the Jun 2015 quarter, when it reached 15.88 with a price of $19.37 and an EPS of $1.22.
Maximum annual increase: 272.18% in 2015
Maximum annual decrease: -74.61% in 2016
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 22.66 | 6.94% |
| 2022 | 21.19 | N/A |
| 2021 | N/A | N/A |
| 2020 | 32.08 | 18.64% |
| 2019 | 27.04 | 47.28% |
| 2018 | 18.36 | -68.63% |
| 2017 | 58.52 | 174.36% |
| 2016 | 21.33 | -74.61% |
| 2015 | 84 | 272.18% |
| 2014 | 22.57 | N/A |
The current PE ratio of CTS is lower than its 3, 5 and 10-year averages.
In comparison to its peer LGL, CTS's PE ratio is lower, but it is higher than JBL's and LFUS's. Cts's PE ratio is trading below the peer average of 26.48.
| Stock name | PE ratio | Market cap |
|---|---|---|
| VSH Vishay Intertechnology Inc | 9.75 | $3.11B |
| JBL Jabil Inc | 9.98 | $14.26B |
| SANM Sanmina Corp | 13.17 | $3.51B |
| CLS Celestica, Inc. | 16.16 | $5.17B |
| BHE Benchmark Electronics Inc | 17.33 | $1.12B |
| VPG Vishay Precision Group Inc | 17.68 | $447.11M |
| KN Knowles Corp | 20.04 | $1.44B |
| PLXS Plexus Corp | 21.94 | $2.77B |
| LFUS Littelfuse Inc | 22.19 | $5.77B |
| CTS Cts Corp | 23.92 | $1.42B |
| LGL Lgl Group Inc | 116.6 | $31.32M |
CTS stock has a price to earnings ratio of 23.92 as of Apr 26, 2024.
Over the last 3 years, the average price to earnings ratio for CTS stock is 24.61.
Over the last 5 years, the average price to earnings ratio for CTS stock is 25.34.
Over the last ten years, the Jun 2016 quarter recorded the highest quarterly PE ratio at 149.33.
The current PE ratio of CTS is 34% lower than the 10-year historical average.
The P/E ratio is calculated by taking the latest stock price and dividing it by the EPS for the last 12 months. As of today (Apr 26, 2024), Cts's share price is $46.16. The company's earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $1.93. Therefore, Cts's PE ratio for today is 23.92. PE RATIO(23.92) = STOCK PRICE($46.16) / TTM EPS($1.93)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.