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Carpenter Technology - Stock

Carpenter Technology P/E 2024

Carpenter Technology P/E

24.26

Ticker

CRS

ISIN

US1442851036

WKN

858605

As of Jul 5, 2024, Carpenter Technology's P/E ratio was 24.26, a -40.23% change from the 40.59 P/E ratio recorded in the previous year.

The Carpenter Technology P/E history

Carpenter Technology Aktienanalyse

What does Carpenter Technology do?

Carpenter Technology Corp is an American company that manufactures high-performance materials and components. The company was founded in 1889 in Reading, Pennsylvania and has a long history as a pioneer in metallurgical technologies. It serves customers from various industries and applications with customized solutions. The company's strengths include the ability to develop and produce custom alloys and materials, particularly for customers with specific requirements such as high strength, hardness, or corrosion resistance. Carpenter Technology Corp operates in different business segments, including Advanced Alloys, Performance Engineered Products, and Specialty Alloys Operations, each specializing in specific product areas. The company's product range includes a wide variety of materials and components used in both mass production and custom orders. The company is well-regarded in the market and highly valued by customers for its reliability and innovation. Thanks to its extensive experience and expertise in metallurgical technologies, the company is able to offer tailored solutions and meet customers' needs optimally. Carpenter Technology ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Carpenter Technology's P/E Ratio

The Price to Earnings (P/E) Ratio of Carpenter Technology is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.

Year-to-Year Comparison

Assessing Carpenter Technology's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.

Impact on Investments

The P/E ratio of Carpenter Technology is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.

Interpreting P/E Ratio Fluctuations

Fluctuations in Carpenter Technology’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.

Frequently Asked Questions about Carpenter Technology stock

What is the price-to-earnings ratio of Carpenter Technology?

The price-earnings ratio of Carpenter Technology is currently 24.26.

How has the price-earnings ratio of Carpenter Technology changed compared to last year?

The price-to-earnings ratio of Carpenter Technology has increased by -40.23% fallen (meaning "decreased" or "dropped") compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of Carpenter Technology high compared to other companies?

Yes, the price-to-earnings ratio of Carpenter Technology is high compared to other companies.

How does an increase in the price-earnings ratio of Carpenter Technology affect the company?

An increase in the price-earnings ratio of Carpenter Technology would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of Carpenter Technology affect the company?

A decrease in the price-earnings ratio of Carpenter Technology would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of Carpenter Technology?

Some factors that influence the price-earnings ratio of Carpenter Technology are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Carpenter Technology pay?

Over the past 12 months, Carpenter Technology paid a dividend of 0.8 USD . This corresponds to a dividend yield of about 0.75 %. For the coming 12 months, Carpenter Technology is expected to pay a dividend of 1.47 USD.

What is the dividend yield of Carpenter Technology?

The current dividend yield of Carpenter Technology is 0.75 %.

When does Carpenter Technology pay dividends?

Carpenter Technology pays a quarterly dividend. This is distributed in the months of September, November, February, May.

How secure is the dividend of Carpenter Technology?

Carpenter Technology paid dividends every year for the past 23 years.

What is the dividend of Carpenter Technology?

For the upcoming 12 months, dividends amounting to 1.47 USD are expected. This corresponds to a dividend yield of 1.38 %.

In which sector is Carpenter Technology located?

Carpenter Technology is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von Carpenter Technology kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Carpenter Technology from 6/6/2024 amounting to 0.2 USD, you needed to have the stock in your portfolio before the ex-date on 4/22/2024.

When did Carpenter Technology pay the last dividend?

The last dividend was paid out on 6/6/2024.

What was the dividend of Carpenter Technology in the year 2023?

In the year 2023, Carpenter Technology distributed 0.8 USD as dividends.

In which currency does Carpenter Technology pay out the dividend?

The dividends of Carpenter Technology are distributed in USD.

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Andere Kennzahlen von Carpenter Technology

Our stock analysis for Carpenter Technology Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Carpenter Technology Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.