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Carpenter Technology (Carpenter Technology) Shiller PE Ratio : 116.59 (As of May. 25, 2024)


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What is Carpenter Technology Shiller PE Ratio?

As of today (2024-05-25), Carpenter Technology's current share price is $109.59. Carpenter Technology's E10 for the quarter that ended in Mar. 2024 was $0.94. Carpenter Technology's Shiller PE Ratio for today is 116.59.

The historical rank and industry rank for Carpenter Technology's Shiller PE Ratio or its related term are showing as below:

CRS' s Shiller PE Ratio Range Over the Past 10 Years
Min: 6.67   Med: 21.35   Max: 116.84
Current: 116.77

During the past years, Carpenter Technology's highest Shiller PE Ratio was 116.84. The lowest was 6.67. And the median was 21.35.

CRS's Shiller PE Ratio is ranked worse than
92.82% of 1756 companies
in the Industrial Products industry
Industry Median: 25.62 vs CRS: 116.77

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Carpenter Technology's adjusted earnings per share data for the three months ended in Mar. 2024 was $0.120. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.94 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Carpenter Technology Shiller PE Ratio Historical Data

The historical data trend for Carpenter Technology's Shiller PE Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Carpenter Technology Shiller PE Ratio Chart

Carpenter Technology Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.49 11.84 27.23 23.75 58.25

Carpenter Technology Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Shiller PE Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 45.88 58.25 68.96 71.96 76.10

Competitive Comparison of Carpenter Technology's Shiller PE Ratio

For the Metal Fabrication subindustry, Carpenter Technology's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Carpenter Technology's Shiller PE Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Carpenter Technology's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Carpenter Technology's Shiller PE Ratio falls into.



Carpenter Technology Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Carpenter Technology's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=109.59/0.94
=116.59

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Carpenter Technology's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Carpenter Technology's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.12/131.7762*131.7762
=0.120

Current CPI (Mar. 2024) = 131.7762.

Carpenter Technology Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.710 100.560 0.930
201409 0.250 100.428 0.328
201412 0.450 99.070 0.599
201503 -0.030 99.621 -0.040
201506 0.440 100.684 0.576
201509 0.180 100.392 0.236
201512 0.230 99.792 0.304
201603 -0.510 100.470 -0.669
201606 0.320 101.688 0.415
201609 -0.130 101.861 -0.168
201612 0.150 101.863 0.194
201703 0.440 102.862 0.564
201706 0.540 103.349 0.689
201709 0.490 104.136 0.620
201712 1.920 104.011 2.433
201803 0.630 105.290 0.788
201806 0.880 106.317 1.091
201809 0.650 106.507 0.804
201812 0.730 105.998 0.908
201903 1.050 107.251 1.290
201906 1.000 108.070 1.219
201909 0.850 108.329 1.034
201912 0.790 108.420 0.960
202003 0.820 108.902 0.992
202006 -2.460 108.767 -2.980
202009 -0.980 109.815 -1.176
202012 -1.760 109.897 -2.110
202103 -0.840 111.754 -0.990
202106 -1.180 114.631 -1.356
202109 -0.310 115.734 -0.353
202112 -0.610 117.630 -0.683
202203 -0.160 121.301 -0.174
202206 0.050 125.017 0.053
202209 -0.140 125.227 -0.147
202212 0.130 125.222 0.137
202303 0.380 127.348 0.393
202306 0.780 128.729 0.798
202309 0.880 129.860 0.893
202312 0.850 129.419 0.865
202403 0.120 131.776 0.120

Add all the adjusted EPS together and divide 10 will get our E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Carpenter Technology  (NYSE:CRS) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Carpenter Technology Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of Carpenter Technology's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Carpenter Technology (Carpenter Technology) Business Description

Traded in Other Exchanges
Address
1735 Market Street, 15th Floor, Philadelphia, PA, USA, 19103
Carpenter Technology Corp supplies specialty metals to a variety of end markets, including aerospace and defense, industrial machinery and consumer durables, medical, and energy, among others. The company's segment includes Specialty Alloys Operations and Performance Engineered Products. It generates maximum revenue from the Specialty Alloys Operations segment. The SAO segment is comprised of the company's major premium alloy and stainless steel manufacturing operations. This includes operations performed at mills primarily in Reading and Latrobe, Pennsylvania, and surrounding areas as well as South Carolina and Alabama.
Executives
Mclane Charles Douglas Jr director C/O CARPENTER TECHNOLOGY CORPORATION, 1735 MARKET STREET, 15TH FL, PHILADELPHIA PA 19103
Steven E Karol director C/O STOCKERYALE INC, 32 HAMPSHIRE RD, SALEM NH 03079
Marshall D Akins officer: VP & Chief Commercial Officer CARPENTER TECHNOLOGY CORPORATION, 1735 MARKET STREET, PHILADELPHIA PA 19103
Brian J Malloy officer: VP - Chief Commercial Officer C/O CARPENTER TECHNOLOGY CORPORATION, 1735 MARKET STREET, 15TH FL, PHILADELPHIA PA 19103
Pritchett Colleen director C/O HEXCEL CORPORATION, 281 TRESSER BLVD., 16TH FLOOR, STAMFORD CT 06901
Elizabeth A Socci officer: VP, Controller & Chf Acctg Off C/O CARPENTER TECHNOLOGY CORPORATION, 1735 MARKET STREET, 15TH FL, PHILADELPHIA PA 19103
Kathy Hopinkah Hannan director ANNALY CAPITAL MANAGEMENT, INC., 1211 AVE. OF THE AMERICAS, NEW YORK NY 10036
Ramin Younessi director 510 LAKE COOK ROAD, SUITE 100, DEERFIELD IL 60015
David Graf officer: VP and Group President - SAO C/O CARPENTER TECHNOLOGY CORPORATION, 1735 MARKET STREET, PHILADELPHIA PA 19103
Kathleen Ligocki director 3296 PINE LAKE ROAD, WEST BLOOMFIELD MI 48324
Timothy Lain officer: VP-Controller, Chf Acctg Ofcr C/O CARPENTER TECHNOLOGY CORPORATION, PO BOX 14662, READING PA 19612
James D Dee officer: VP, Gen Counsel & Secretary TWO PITCAIRN PLACE, SUITE 200, 165 TOWNSHIP LINE ROAD, JENKINTOWN PA 19046
Tony R Thene officer: Sr VP and CFO ALCOA INC., 201 ISABELLA STREET, PITTSBURGH PA 15212-5858
Robert R Mcmaster director 907-B EAST MAIN STREET, HUMBLE TX 77338-4662
Gregory A Pratt director 7500 GREENWAY CENTER DRIVE, SUITE 1600, 7500 GREENWAY CENTER DRIVE, SUITE 1600, GREENBELT MD 20770

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