Carpenter Technology
CRS
#1475
Rank
$12.63 B
Marketcap
$253.72
Share price
1.10%
Change (1 day)
157.71%
Change (1 year)

P/E ratio for Carpenter Technology (CRS)

P/E ratio as of June 2025 (TTM): 35.1

According to Carpenter Technology's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 35.0875. At the end of 2024 the company had a P/E ratio of 31.7.

P/E ratio history for Carpenter Technology from 2001 to 2025

PE ratio at the end of each year

Year P/E ratio Change
202431.730.14%
202324.3-107.9%
2022-3083000.48%
2021-9.9349.34%
2020-6.65-149.68%
201913.49.73%
201812.2-18.68%
201715.0-107.05%
2016-213-676.37%
201536.948.41%
201424.93.57%
201324.031.17%
201218.3

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
Nucor
NUE
22.1-37.13%๐Ÿ‡บ๐Ÿ‡ธ USA
Allegheny Technologies
ATI
27.8-20.76%๐Ÿ‡บ๐Ÿ‡ธ USA
Commercial Metals Company
CMC
78.3 123.27%๐Ÿ‡บ๐Ÿ‡ธ USA
Dynamic Materials Corporation
BOOM
-0.9596-102.73%๐Ÿ‡บ๐Ÿ‡ธ USA
Steel Dynamics
STLD
16.5-53.11%๐Ÿ‡บ๐Ÿ‡ธ USA
U.S. Steel
X
31.9-9.13%๐Ÿ‡บ๐Ÿ‡ธ USA
Kennametal
KMT
15.6-55.51%๐Ÿ‡บ๐Ÿ‡ธ USA
Haynes International
HAYN
16.9-51.72%๐Ÿ‡บ๐Ÿ‡ธ USA
Worthington Enterprises
WOR
48.0 36.80%๐Ÿ‡บ๐Ÿ‡ธ USA

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.