As of Apr 26, 2024, the Kadant stock's PE ratio is 28.46. This results from the current EPS of $9.92 and stock price of $282.37. The P/E ratio has an increase of 17% from the past four quarters average of 24.3.
The PE ratio of Kadant has averaged 21.86 over the last ten years. The current PE ratio of 28.46 is 30% above the historical average. Over the past ten years, KAI's PE ratio was at its highest in the Apr 2021 quarter at 36.37, when the stock price was $186.94 and the EPS was $5.14. The lowest value was in the Jan 2016 quarter, when it reached 12.85 with a price of $40.61 and an EPS of $3.16.
Maximum annual increase: 70.99% in 2017
Maximum annual decrease: -58.06% in 2018
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 28.26 | 65.17% |
| 2022 | 17.11 | -46.11% |
| 2022 | 31.75 | 8.32% |
| 2021 | 29.31 | 28.33% |
| 2019 | 22.84 | 53.49% |
| 2018 | 14.88 | -58.06% |
| 2017 | 35.48 | 70.99% |
| 2016 | 20.75 | 61.48% |
| 2016 | 12.85 | -20.87% |
| 2015 | 16.24 | -16.37% |
The current PE ratio of KAI is above the 3, 5 and 10-year historical averages.
KAI's PE ratio is higher than its peer stocks ITW and AIN. Kadant's current PE ratio of 28.46 is above the average of its peers, which is 20.0.
| Stock name | PE ratio | Market cap |
|---|---|---|
| JAKK Jakks Pacific Inc | 5.16 | $206.03M |
| AIN Albany International Corp | 24.63 | $2.74B |
| CMCO Columbus Mckinnon Corp | 24.81 | $1.21B |
| ITW Illinois Tool Works Inc | 25.41 | $74.19B |
| KAI Kadant Inc | 28.46 | $3.31B |
The price to earnings ratio for KAI stock as of Apr 26, 2024, stands at 28.46.
As an average over the last 3 years, KAI stock has a PE ratio of 23.92.
As an average over the last 5 years, KAI stock has a PE ratio of 23.45.
The highest quarterly PE ratio in the last ten years has been 36.37 and it was in the Apr 2021 quarter.
KAI's price to earnings ratio is currently 30% above its 10-year historical average.
To determine the PE ratio, divide the most recent stock price by the TTM earnings per share (EPS). As of today (Apr 26, 2024), Kadant's stock price is $282.37. The earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $9.92. Therefore, Kadant's P/E ratio for today is 28.46. PE RATIO(28.46) = STOCK PRICE($282.37) / TTM EPS($9.92)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.