Carpenter Technology
CRS
#3322
Rank
$3.21 B
Marketcap
$64.97
Share price
-0.06%
Change (1 day)
34.43%
Change (1 year)

P/E ratio for Carpenter Technology (CRS)

P/E ratio as of February 2024 (TTM): 29.8

According to Carpenter Technology's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 29.8028. At the end of 2022 the company had a P/E ratio of -308.

P/E ratio history for Carpenter Technology from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
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%
201218.3-19.27%
201122.7-68.44%
201071.9-182.66%
2009-86.9-2110.44%
20084.32-72.68%
200715.837.85%
200611.58.34%
200510.6-39.46%
200417.5-63.89%
200348.5-2685.36%
2002-1.88-68.8%
2001-6.01

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
6.62-77.80%๐Ÿ‡บ๐Ÿ‡ธ USA
9.72-67.38%๐Ÿ‡บ๐Ÿ‡ธ USA
10.4-65.15%๐Ÿ‡บ๐Ÿ‡ธ USA
8.46-71.61%๐Ÿ‡บ๐Ÿ‡ธ USA
10.0-66.41%๐Ÿ‡บ๐Ÿ‡ธ USA
16.6-44.46%๐Ÿ‡บ๐Ÿ‡ธ USA
16.5-44.50%๐Ÿ‡บ๐Ÿ‡ธ USA
9.35-68.62%๐Ÿ‡บ๐Ÿ‡ธ USA
20.9-30.00%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.