The PE ratio for Summit Materials stock stands at 16.72 as of Apr 29, 2024. This is calculated based on the TTM EPS of $2.4 and the stock price of $40.13 per share. The current PE ratio is about the same compared to the last 4 quarters average.
Over the last ten years, the average PE ratio of Summit Materials has been 63.07. The current 16.72 P/E ratio is 73% 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 peers CAT and FSTR, SUM's PE ratio is lower, but it is higher than TEX's and MTW's.
| Stock name | PE ratio | Market cap |
|---|---|---|
| TEX Terex Corp | 7.35 | $3.77B |
| MTW Manitowoc Co Inc | 10.8 | $424.67M |
| SUM Summit Materials Inc | 16.21 | $6.78B |
| CAT Caterpillar Inc | 16.53 | $170.68B |
| FSTR Foster L B Co | 166.57 | $256.56M |
The price to earnings ratio for SUM stock is 16.72 as of Apr 29, 2024.
As an average over the last 3 years, SUM stock has a PE ratio of 18.91.
As an average over the last 5 years, SUM stock has a PE ratio of 81.08.
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 73% 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 (Apr 29, 2024), Summit Materials's share price is $40.13. The company's earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $2.4. Therefore, Summit Materials's PE ratio for today is 16.72. PE RATIO(16.72) = STOCK PRICE($40.13) / TTM EPS($2.4)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.