The PE ratio for Summit Materials stock stands at 17.27 as of Jul 25, 2024. This is calculated based on the TTM EPS of $2.25 and the stock price of $38.86 per share. A decrease of 7% has been observed in the PE ratio compared to its average of 18.6 of the last four quarters.
Over the last ten years, the average PE ratio of Summit Materials has been 61.9. The current 17.27 P/E ratio is 72% lower than the historical average. Looking back at the last ten years, SUM's PE ratio peaked in the Sep 2019 quarter at 1,087.5, with a price of $21.75 and an EPS of $0.02. The Oct 2022 quarter marked the lowest point at 9.86, with a price of $23.56 and an EPS of $2.39.
Maximum annual increase: 87.34% in 2022
Maximum annual decrease: -63.2% in 2021
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 16.03 | 28.14% |
| 2022 | 12.51 | -59.75% |
| 2022 | 31.08 | 87.34% |
| 2021 | 16.59 | -63.2% |
| 2019 | 45.08 | 11.83% |
| 2018 | 40.31 | 43.45% |
| 2017 | 28.1 | -37.87% |
| 2016 | 45.23 | 57.82% |
| 2016 | 28.66 | N/A |
| 2014 | N/A | N/A |
SUM's current PE ratio is lower than its 3 and 5-year averages.
In comparison to its peer FSTR, SUM's PE ratio is lower, but it is higher than CAT's and TEX's. Summit Materials is currently trading at a lower PE ratio (17.27) than its peers average of 17.93.
| Stock name | PE ratio | Market cap |
|---|---|---|
| TEX Terex Corp | 8.75 | $4.49B |
| CAT Caterpillar Inc | 15.74 | $171.48B |
| MTW Manitowoc Co Inc | 16.43 | $461.32M |
| SUM Summit Materials Inc | 17.83 | $7.04B |
| FSTR Foster L B Co | 31.53 | $255.84M |
The price to earnings ratio for SUM stock is 17.27 as of Jul 25, 2024.
As an average over the last 3 years, SUM stock has a PE ratio of 18.44.
As an average over the last 5 years, SUM stock has a PE ratio of 75.9.
The highest quarterly PE ratio in the last ten years has been 1,087.5 and it was in the Sep 2019 quarter.
The current PE ratio of SUM is 72% lower than the 10-year historical average.
The P/E ratio is obtained by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Jul 25, 2024), Summit Materials's share price is $38.86. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $2.25. Therefore, Summit Materials's PE ratio for today is 17.27. PE RATIO(17.27) = STOCK PRICE($38.86) / TTM EPS($2.25)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.