KMT Kennametal PE ratio, current and historical analysis
As of Nov 21, 2024, the Kennametal stock's PE ratio is 22.52. This takes into account the latest EPS of $1.28 and stock price of $28.83. The PE ratio has an increase of 24% from its last 4 quarters average of 18.1.
KMT PE ratio history
The PE ratio of Kennametal has averaged 32.96 over the last eight years. The current price-to-earnings ratio of 22.52 is 32% less than the historical average. Analyzing the last eight years, KMT's PE ratio reached its highest point in the Mar 2021 quarter at 333.08, when the price was $39.97 and the EPS was $0.12. The lowest point was recorded in the Dec 2018 quarter, when it reached 11.89 with a price of $33.28 and an EPS of $2.8.
Kennametal PE ratio by year
Maximum annual increase: 44.64% in 2023
Maximum annual decrease: -76.12% in 2018
| Year | PE ratio | Change |
|---|---|---|
| 2024 | 17.06 | -11.65% |
| 2023 | 19.31 | 44.64% |
| 2022 | 13.35 | -75.84% |
| 2021 | 55.26 | N/A |
| 2020 | N/A | N/A |
| 2019 | 12.58 | -14.13% |
| 2018 | 14.65 | -76.12% |
| 2017 | 61.34 | N/A |
| 2016 | N/A | N/A |
| 2015 | N/A | N/A |
KMT average PE ratio chart
KMT's current PE ratio is higher than the 3-year average, but it is under its 5 and 10-year averages.
KMT PE vs peers
When compared to its peers FAST and LECO, KMT's PE ratio is lower, but it is higher than DOV's and MSM's. Kennametal's PE ratio is trading below the peer average of 28.32.
| Stock name | PE ratio | Market cap |
|---|---|---|
| DOV DOVER Corp | 18 | $27.78B |
| MSM Msc Industrial Direct Co Inc | 18.29 | $4.7B |
| KMT Kennametal Inc | 22.52 | $2.24B |
| LECO Lincoln Electric Holdings Inc | 24.59 | $11.77B |
| CRS Carpenter Technology Corp | 39.72 | $9.01B |
| FAST Fastenal Co | 40.98 | $47.18B |
| HURC Hurco Companies Inc | N/A | $147.63M |
Frequently asked questions
What is Kennametal's PE ratio?
As of Nov 21, 2024, KMT stock has a price to earnings ratio of 22.52.
What is the 3-year average PE ratio for Kennametal (KMT)?
The 3-year average PE ratio for KMT stock is 17.41.
What is the 5-year average PE ratio for Kennametal (KMT)?
The 5-year average PE ratio for KMT stock is 39.37.
What is the highest PE ratio for KMT?
Over the last eight years, the Mar 2021 quarter recorded the highest quarterly PE ratio at 333.08.
How does the current PE ratio for KMT compare to its historical average?
KMT's price to earnings ratio is currently 32% below its 8-year historical average.
How is KMT's PE ratio calculated (Kennametal PE ratio formula)?
You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months earnings per share(EPS). As of today (Nov 21, 2024), Kennametal's share price is $28.83. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $1.28. Therefore, Kennametal's price to earnings ratio for today is 22.52. PE RATIO(22.52) = STOCK PRICE($28.83) / TTM EPS($1.28)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.