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SUM Summit Materials PE ratio, current and historical analysis

The PE ratio for Summit Materials stock stands at 17.5 as of May 22, 2024. This is calculated based on the TTM EPS of $2.25 and the stock price of $39.37 per share. A decrease of 6% has been observed in the PE ratio compared to its average of 18.6 of the last four quarters.

SUM PE ratio history

How has SUM's PE ratio performed in the past

Over the last ten years, the average PE ratio of Summit Materials has been 61.9. The current 17.5 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.

Average
61.9
Median
27.09
Minimum
9.86
Maximum
1,087.5

Summit Materials PE ratio by year

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 average PE ratio chart

What is the average PE ratio of SUM for the past years

SUM's current PE ratio is lower than its 3 and 5-year averages.

3-year avg
18.98
5-year avg
78.02
10-year avg
N/A
15-year avg
N/A

SUM PE vs peers

What is SUM's PE ratio compared to its peers

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 (17.5) than its peers average of 19.73.

Stock name PE ratio Market cap
TEX Terex Corp 8.11 $4.16B
MTW Manitowoc Co Inc 15.96 $448.17M
CAT Caterpillar Inc 15.99 $174.15B
SUM Summit Materials Inc 17.5 $6.91B
FSTR Foster L B Co 38.84 $315.1M

Frequently asked questions

What is Summit Materials's PE ratio?

The price to earnings ratio for SUM stock is 17.5 as of May 22, 2024.

What is the 3-year average PE ratio for Summit Materials (SUM)?

As an average over the last 3 years, SUM stock has a PE ratio of 18.98.

What is the 5-year average PE ratio for Summit Materials (SUM)?

As an average over the last 5 years, SUM stock has a PE ratio of 78.02.

What is the highest PE ratio for SUM?

The highest quarterly PE ratio in the last ten years has been 1,087.5 and it was in the Sep 2019 quarter.

How does the current PE ratio for SUM compare to its historical average?

The current PE ratio of SUM is 72% lower than the 10-year historical average.

How is SUM's PE ratio calculated (Summit Materials PE ratio formula)?

The P/E ratio is obtained by dividing the latest price of a stock by its trailing twelve months EPS. As of today (May 22, 2024), Summit Materials's share price is $39.37. 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 17.5. PE RATIO(17.5) = STOCK PRICE($39.37) / TTM EPS($2.25)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.