As of Jul 25, 2024, the Kennametal stock's PE ratio is 18.39. This takes into account the latest EPS of $1.37 and stock price of $25.19. The PE ratio has an increase of 3.8% from its last 4 quarters average of 17.7.
The PE ratio of Kennametal has averaged 33.57 over the last ten years. The current price-to-earnings ratio of 18.39 is 45% less than the historical average. Analyzing the last ten 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.
Maximum annual increase: 51.75% in 2014
Maximum annual decrease: -76.12% in 2018
| Year | PE ratio | Change |
|---|---|---|
| 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 |
| 2014 | 23.02 | 51.75% |
KMT's current PE ratio is higher than the 3-year average, but it is under its 5 and 10-year averages.
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 28.19.
| Stock name | PE ratio | Market cap |
|---|---|---|
| MSM Msc Industrial Direct Co Inc | 16.92 | $4.92B |
| DOV DOVER Corp | 17.17 | $25.46B |
| KMT Kennametal Inc | 18.63 | $2.01B |
| LECO Lincoln Electric Holdings Inc | 22 | $11.97B |
| FAST Fastenal Co | 35.01 | $40.3B |
| CRS Carpenter Technology Corp | 52.92 | $6.98B |
| HURC Hurco Companies Inc | N/A | $117.65M |
As of Jul 25, 2024, KMT stock has a price to earnings ratio of 18.39.
The 3-year average PE ratio for KMT stock is 17.92.
The 5-year average PE ratio for KMT stock is 40.33.
Over the last ten years, the Mar 2021 quarter recorded the highest quarterly PE ratio at 333.08.
KMT's price to earnings ratio is currently 45% below its 10-year historical average.
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 (Jul 25, 2024), Kennametal's share price is $25.19. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $1.37. Therefore, Kennametal's price to earnings ratio for today is 18.39. PE RATIO(18.39) = STOCK PRICE($25.19) / TTM EPS($1.37)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.