Start with its own history
At 25.22×, CRS is 84.4% below its 8-observation annual average. A lower multiple can reflect a lower price, higher earnings, or weaker growth expectations—not necessarily a bargain.
NYSE · CRSSteelUpdated Nov 5, 2026
Carpenter Technology Corporation P/E ratio
Current valuation, historical context, and peer comparisons.
Current P/E ratio
25.22×
84.4% belowthe 8-observation annual average
Share price292.1
÷Earnings per share11.58
Price and EPS in quote currency. Calculation details
Investors are paying 25.22 for every 1 of reported earnings per share.
P/E over time
2017 – 2026
Annual P/ESelected-period average 162.19×
3-year average41.22×3 positive annual observations
5-year average43.12×4 positive annual observations
10-year average162.19×8 positive annual observations
Peer median · TTM37.45×6 peers with positive P/E
Historical P/E ratios
Annual period-end data · 25 observations
| Period end | P/E | Change |
|---|---|---|
| Jun 30, 2026 | 58.25× | +57.9% |
| Jun 30, 2025 | 36.90× | +29.4% |
| Jun 30, 2024 | 28.53× | -41.6% |
| Jun 30, 2023 | 48.81× | N/M |
| Jun 30, 2022 | N/M | N/M |
| Jun 30, 2021 | N/M | N/M |
| Jun 30, 2020 | 1060.26× | +7602.2% |
| Jun 30, 2019 | 13.77× | +4.5% |
View all 25 annual observations +
| Period end | P/E | Change |
|---|---|---|
| Jun 30, 2018 | 13.18× | -65.2% |
| Jun 30, 2017 | 37.81× | -73.6% |
| Jun 30, 2016 | 143.17× | +310.9% |
| Jun 30, 2015 | 34.85× | +36.6% |
| Jun 30, 2014 | 25.50× | +53.3% |
| Jun 30, 2013 | 16.63× | -11.3% |
| Jun 30, 2012 | 18.76× | -48.3% |
| Jun 30, 2011 | 36.28× | -95.6% |
| Jun 30, 2010 | 820.75× | +4199.0% |
| Jun 30, 2009 | 19.09× | +150.6% |
| Jun 30, 2008 | 7.62× | -48.6% |
| Jun 30, 2007 | 14.81× | +6.9% |
| Jun 30, 2006 | 13.85× | +48.1% |
| Jun 30, 2005 | 9.35× | -58.2% |
| Jun 30, 2004 | 22.39× | N/M |
| Jun 30, 2003 | N/M | N/M |
| Jun 30, 2002 | N/M | N/M |
Change is relative to the preceding observation. N/M values are excluded from averages.
How CRS compares
Company P/E vs. peer trailing-12-month ratios
| Company | P/E ratio |
|---|---|
 CRS This stockCarpenter Technology Corporation | 25.22× |
 ATIATI Inc. | 43.89× |
 HWMHowmet Aerospace Inc. | 41.63× |
 MTRNMaterion Corporation | 37.83× |
 MTUSMetallus Inc. | 31.35× |
 DPCDPC Holdings Ltd. | N/M |
 HXLHexcel Corporation | 37.06× |
 VLPNYVoestalpine AG | 13.80× |
Peers are selected by the data provider. Business models and earnings definitions can differ.
Put the numbers in context
What does CRS’s P/E tell you?
Compare like with like
The median of the 6 positive peer ratios above is 37.45×. Check growth, margins, debt, and earnings quality before interpreting the gap. A faster-growing business may justify a higher multiple.
Check what drives earnings
One-off gains can temporarily lower P/E; unusual charges can raise it. Reported earnings and forward estimates answer different questions. Pair this view with return on equity and liquidity for a fuller picture.
Keep your research connected
Take CRS into your spreadsheet
Pull historical P/E into Excel or Google Sheets with Wisesheets. Build your own comparisons alongside the rest of your financial model.
Explore WisesheetsQuarterly P/E · latest quarterLQ selects the latest reported quarter. Requires the Wisesheets add-in. See available data
=WISE("CRS", "PE Ratio", "LQ")Sources & calculation methodology
Current P/E
Share price 292.1 ÷ EPS 11.58 = 25.22×. Data is supplied by Financial Modeling Prep through Wisesheets. Quote feed updated Nov 5, 2026; this is not a real-time trading quote.
History & averages
Annual and quarterly P/E observations are provided separately from the current quote. Averages use the latest 3, 5, or 10 annual observations, excluding missing and nonpositive ratios. Pre-IPO observations are omitted. These are period-end observations, not daily averages.
Data definitions and limitations
The current quote feed does not specify the exact EPS filing-period end or whether EPS is basic or diluted. We do not label it as forward P/E. Peer ratios are explicitly trailing-12-month (TTM) values. Historical observations do not include independently verified price and EPS inputs. Sources may update on different schedules; rounded inputs can produce small calculation differences. Historical comparisons describe past pricing, not an estimate of fair value.
CRS P/E ratio: common questions
The essentials behind the numbers.
Carpenter Technology Corporation's current P/E is 25.22× based on the quote data last updated Nov 5, 2026. It represents the share price divided by reported earnings per share. Prices and earnings may refresh on different schedules.
Annual P/E uses earnings for a completed fiscal year. Trailing-12-month (TTM) P/E uses the latest four quarters, while forward P/E uses forecast earnings. These are not interchangeable. This page labels peer ratios as TTM and shows dated annual or quarterly historical observations; it does not show forward estimates.
N/M means not meaningful: the feed has no positive P/E for that observation. Negative or zero earnings should not be ranked as a low positive valuation multiple. N/M observations are excluded from the averages shown above.
Divide the share price by earnings per share (EPS). For example, a share price of 100 and EPS of 5 gives a P/E of 20×. This page uses the price and EPS supplied together in the quote when both are positive.
Price timestamps, EPS definitions, share classes, adjustments, and fiscal periods can differ. A forward P/E also uses forecast earnings rather than reported earnings. Compare the inputs and as-of dates before comparing two displayed ratios.
Not necessarily. The average describes previous market pricing, not fair value. Changes in earnings quality, growth expectations, debt, accounting, and business risk can justify a different multiple today.