P/E ratio for Carpenter Technology (CRS)

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

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
Nucor NUE	5.98	-92.51%	🇺🇸 USA
Allegheny Technologies ATI	23.9	-70.05%	🇺🇸 USA
Commercial Metals Company CMC	6.20	-92.23%	🇺🇸 USA
Dynamic Materials Corporation BOOM	4.15	-94.79%	🇺🇸 USA
Steel Dynamics STLD	7.47	-90.64%	🇺🇸 USA
U.S. Steel X	6.18	-92.25%	🇺🇸 USA
Kennametal KMT	16.3	-79.56%	🇺🇸 USA
Haynes International HAYN	16.9	-78.76%	🇺🇸 USA
Worthington Enterprises WOR	6.95	-91.29%	🇺🇸 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.