KMT
Kennametal
PE ratio, current and historical analysis
- Stocks
- Industrials
- NYSE: KMT
- PE Ratio
As of Jun 22, 2026, the Kennametal stock's PE ratio is 19.69. This takes into account the latest EPS of $1.8 and stock price of $35.44. The PE ratio has an increase of 4.3% from its last 4 quarters average of 18.9.
KMT PE ratio history
The PE ratio of Kennametal has averaged 30.32 over the last nine years. The current price-to-earnings ratio of 19.69 is 35% less than the historical average. Analyzing the last nine 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: 75.17% in 2013
Maximum annual decrease: -76.12% in 2018
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2025 | 18.98 | 11.25% | $22.96 | $1.21 |
| 2024 | 17.06 | -11.65% | $23.54 | $1.38 |
| 2023 | 19.31 | 44.64% | $28.39 | $1.47 |
| 2022 | 13.35 | -75.84% | $23.23 | $1.74 |
| 2021 | 55.26 | N/A | $35.92 | $0.65 |
| 2020 | N/A | N/A | $28.71 | -$0.07 |
| 2019 | 12.58 | -14.13% | $36.99 | $2.94 |
| 2018 | 14.65 | -76.12% | $35.9 | $2.45 |
| 2017 | 61.34 | N/A | $37.42 | $0.61 |
| 2016 | N/A | N/A | $22.11 | -$2.83 |
| 2015 | N/A | N/A | $34.12 | -$4.71 |
| 2014 | 23.02 | 51.75% | $46.28 | $2.01 |
| 2013 | 15.17 | 75.17% | $38.83 | $2.56 |
| 2012 | 8.66 | -42.57% | $33.15 | $3.83 |
| 2011 | 15.08 | -66.2% | $42.21 | $2.8 |
Kennametal PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Mar 2026 | 20.07 | 2.45% | $36.13 | $1.8 |
| Dec 2025 | 19.59 | 16.05% | $28.41 | $1.45 |
| Sep 2025 | 16.88 | -11.06% | $20.93 | $1.24 |
| Jun 2025 | 18.98 | 23.89% | $22.96 | $1.21 |
| Mar 2025 | 15.32 | -22.19% | $21.3 | $1.39 |
| Dec 2024 | 19.69 | -2.81% | $24.02 | $1.22 |
| Sep 2024 | 20.26 | 18.76% | $25.93 | $1.28 |
| Jun 2024 | 17.06 | -6.26% | $23.54 | $1.38 |
| Mar 2024 | 18.2 | 7.95% | $24.94 | $1.37 |
| Dec 2023 | 16.86 | 2.31% | $25.79 | $1.53 |
| Sep 2023 | 16.48 | -14.66% | $24.88 | $1.51 |
| Jun 2023 | 19.31 | 7.1% | $28.39 | $1.47 |
| Mar 2023 | 18.03 | 16.17% | $27.58 | $1.53 |
| Dec 2022 | 15.52 | 25.16% | $24.06 | $1.55 |
| Sep 2022 | 12.4 | -7.12% | $20.58 | $1.66 |
KMT Price vs fair value
KMT average PE ratio chart
What this chart measures
The Historical Valuation Regime chart shows where the stock's current valuation sits relative to its own historical valuation range over the selected lookback period.
This is a history-relative tool, not a market-relative percentile. It does not compare the stock to other companies. Instead, it compares each historical valuation reading to the stock's own past readings.
Percentile logic
The threshold lines are calculated them from the stock's real historical values using percentile interpolation. That is why some colored bands are narrow while others are wide: the band widths reflect how the stock actually traded through time.
Regime map
| Historical percentile | Regime | Chart meaning |
|---|---|---|
| 0-10 | Historically Low | Deep cheap zone |
| >10-25 | Below Average | Cheap relative to history |
| >25-75 | Average | Within the normal historical range |
| >75-90 | Above Average | Expensive relative to history |
| >90-100 | Historically High | Extreme or stretched valuation |
How to read each part
| Chart element | What it tells you |
|---|---|
| Main line | The actual historical valuation values over time for the selected metric. |
| Dashed horizontal lines | The stock's computed P10, P25, Median, P75, and P90 thresholds for the selected period. |
| Colored bands | The historical valuation zones between those thresholds. |
| Metric boxes | Current ratio, historical median, current percentile, and current regime. |
| Timeline strip | A condensed regime history showing how the stock moved between cheap, fair, and expensive states across each observation. |
Important metric definitions
Current Percentile is the percentile rank of the latest valid historical observation within the selected lookback range.
Current Regime is assigned directly from the latest observation's percentile bucket using the fixed 10 / 25 / 75 / 90 cutoffs shown above.
How to use it well
This chart is most useful for answering a narrow question: Is this stock trading high, low, or normal relative to its own history? It works best alongside growth, profitability, and forward-looking business analysis, because a stock can deserve a higher or lower regime if its business quality has changed.
KMT's current PE ratio is higher than the 3-year average, but it is under its 5 and 10-year averages.
PE comparison
Kennametal's price to earnings (P/E) of 19.69 is lower than the Industrials sector, the industry and its peers average. Looking at the Industrials sector average of 30.63, Kennametal's price to earnings (P/E) is 36% lower.
KMT PE vs peers
When compared to its peer stocks FAST and DOV, KMT's PE ratio is lower. Kennametal's PE ratio is trading below the peer average of 38.0.
| Stock name | PE ratio | Market cap |
|---|---|---|
| KMT Kennametal Inc | 19.5 | $2.67B |
| LECO Lincoln Electric Holdings Inc | 27.54 | $14.74B |
| DOV DOVER Corp | 27.7 | $30.11B |
| MSM Msc Industrial Direct Co Inc | 31.25 | $6.49B |
| FAST Fastenal Co | 40.01 | $52.36B |
| CRS Carpenter Technology Corp | 60.4 | $28.72B |
| HURC Hurco Companies Inc | N/A | $141.77M |
Frequently asked questions
What is Kennametal's PE ratio?
As of Jun 22, 2026, KMT stock has a price to earnings ratio of 19.69.
What is the 3-year average PE ratio for Kennametal (KMT)?
The 3-year average PE ratio for KMT stock is 18.23.
What is the 5-year average PE ratio for Kennametal (KMT)?
The 5-year average PE ratio for KMT stock is 20.01.
What is the highest PE ratio for KMT?
Over the last nine 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 35% below its 9-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 (Jun 22, 2026), Kennametal's share price is $35.44. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2026 is $1.8. Therefore, Kennametal's price to earnings ratio for today is 19.69. PE RATIO(19.69) = STOCK PRICE($35.44) / TTM EPS($1.8)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.