The PE ratio for Corteva stock stands at 58.06 as of Dec 20, 2024. The calculation is based on the latest EPS of $0.99 and the stock price of $57.48 per share. An increase of 6% has been observed in the PE ratio compared to its average of 55.0 of the past four quarters.
Over the last five years, the average PE ratio of Corteva has been 37.29. The current 58.06 price-to-earnings ratio is 56% more than the historical average. Analyzing the last five years, CTVA's PE ratio reached its highest point in the Mar 2024 quarter at 73, with a price of $57.67 and an EPS of $0.79. The Sep 2021 quarter saw the lowest point at 18.95, with a price of $42.08 and an EPS of $2.22.
Maximum annual increase: 86.91% in 2022
Maximum annual decrease: -53.51% in 2021
Year | PE ratio | Change |
---|---|---|
2023 | 46.08 | 24.64% |
2022 | 36.97 | 86.91% |
2021 | 19.78 | -53.51% |
2020 | 42.55 | N/A |
2019 | N/A | N/A |
2018 | N/A | N/A |
CTVA's current PE ratio is higher than the 3 and 5-year averages.
When compared to its peer stock TSCO, CTVA's PE ratio is higher.
Stock name | PE ratio | Market cap |
---|---|---|
TSCO Tractor Supply Co | 5.21 | $5.76B |
CTVA Corteva Inc | 58.06 | $39.51B |
CTVA's price to earnings ratio is 58.06 as of Dec 20, 2024.
The 3-year average PE ratio for CTVA stock is 39.52.
The 5-year average PE ratio for CTVA stock is 37.29.
Over the last five years, the quarterly PE ratio reached its highest level at 73 in the Mar 2024 quarter.
CTVA's current price to earnings ratio is 56% above its 5-year historical average.
The P/E ratio is calculated by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Dec 20, 2024), Corteva's share price is $57.48. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $0.99. Therefore, Corteva's price to earnings ratio for today is 58.06. PE RATIO(58.06) = STOCK PRICE($57.48) / TTM EPS($0.99)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.