The PE ratio for Knife River stock stands at 26.55 as of Oct 24, 2024. The calculation is based on the latest EPS of $3.49 and the stock price of $92.65 per share. An increase of 29% has been observed in the PE ratio compared to its average of 20.5 of the last four quarters.
Over the last two years, the average PE ratio of Knife River has been 20.13. The current 26.55 P/E ratio is 32% higher than the historical average. Looking back at the last two years, KNF's PE ratio peaked in the Mar 2024 quarter at 26.07, with a price of $81.08 and an EPS of $3.11. The Sep 2023 quarter marked the lowest point at 15.4, with a price of $48.83 and an EPS of $3.17.
Year | PE ratio | Change |
---|---|---|
2023 | 20.49 | N/A |
2022 | N/A | N/A |
2021 | N/A | N/A |
2020 | N/A | N/A |
KNF's PE ratio stands lower than its peer stock VMC, but it is higher than MLM's and EXP's. Knife River is currently trading at a higher PE ratio (26.55) than its peers average of 23.7.
Stock name | PE ratio | Market cap |
---|---|---|
MLM Martin Marietta Materials Inc | 17.32 | $34.94B |
EXP Eagle Materials Inc | 20.21 | $9.69B |
SUM Summit Materials Inc | 21.02 | $7.93B |
KNF Knife River Corp | 26.7 | $5.27B |
VMC Vulcan Materials CO | 37.14 | $33.89B |
The price to earnings ratio for KNF stock as of Oct 24, 2024, stands at 26.55.
The current PE of 26.55 represents the highest historical value in the last two years.
KNF's current price to earnings ratio is 32% above its 2-year historical average.
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Oct 24, 2024), Knife River's share price is $92.65. The company's earnings per share for the trailing twelve months (TTM) ending Jun 2024 is $3.49. Therefore, Knife River's PE ratio for today is 26.55. PE RATIO(26.55) = STOCK PRICE($92.65) / TTM EPS($3.49)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.