Price to Earnings (P/E)
since 2005
Calculation
Caterpillar Inc., P/E, long-term trends, calculation
| P/E | = | Share price1, 2, 3 | ÷ | Earnings per share1 (EPS) | EPS1 | = | Profit (loss) attributable to common stockholders1 (in millions) |
÷ | No. shares of common stock outstanding2 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dec 31, 2019 | 12.36 | = | 136.86 | ÷ | 11.08 | 11.08 | = | 6,093 | ÷ | 550,082,610 | |
| Dec 31, 2018 | 12.42 | = | 132.62 | ÷ | 10.68 | 10.68 | = | 6,147 | ÷ | 575,542,738 | |
| Dec 31, 2017 | 126.80 | = | 159.98 | ÷ | 1.26 | 1.26 | = | 754 | ÷ | 597,625,772 | |
| Dec 31, 2016 | — | = | 99.02 | ÷ | -0.11 | -0.11 | = | -67 | ÷ | 586,486,024 | |
| Dec 31, 2015 | 18.07 | = | 65.21 | ÷ | 3.61 | 3.61 | = | 2,102 | ÷ | 582,321,890 | |
| Dec 31, 2014 | 14.01 | = | 85.38 | ÷ | 6.10 | 6.10 | = | 3,695 | ÷ | 606,166,559 | |
| Dec 31, 2013 | 16.25 | = | 96.56 | ÷ | 5.94 | 5.94 | = | 3,789 | ÷ | 637,822,342 | |
| Dec 31, 2012 | 11.02 | = | 95.60 | ÷ | 8.67 | 8.67 | = | 5,681 | ÷ | 655,048,493 | |
| Dec 31, 2011 | 15.11 | = | 115.00 | ÷ | 7.61 | 7.61 | = | 4,928 | ÷ | 647,533,344 | |
| Dec 31, 2010 | 24.14 | = | 102.01 | ÷ | 4.23 | 4.23 | = | 2,700 | ÷ | 638,822,714 | |
| Dec 31, 2009 | 40.66 | = | 58.25 | ÷ | 1.43 | 1.43 | = | 895 | ÷ | 624,722,719 | |
| Dec 31, 2008 | 4.51 | = | 26.66 | ÷ | 5.91 | 5.91 | = | 3,557 | ÷ | 601,526,641 | |
| Dec 31, 2007 | 12.54 | = | 71.18 | ÷ | 5.67 | 5.67 | = | 3,541 | ÷ | 623,986,134 | |
| Dec 31, 2006 | 12.28 | = | 67.26 | ÷ | 5.48 | 5.48 | = | 3,537 | ÷ | 645,808,176 | |
| Dec 31, 2005 | 17.17 | = | 73.06 | ÷ | 4.25 | 4.25 | = | 2,854 | ÷ | 670,867,219 |
Based on: 10-K (filing date: 2020-02-19), 10-K (filing date: 2019-02-14), 10-K (filing date: 2018-02-15), 10-K (filing date: 2017-02-15), 10-K (filing date: 2016-02-16), 10-K (filing date: 2015-02-17), 10-K (filing date: 2014-02-18), 10-K (filing date: 2013-02-19), 10-K (filing date: 2012-02-21), 10-K (filing date: 2011-02-22), 10-K (filing date: 2010-02-19), 10-K (filing date: 2009-02-20), 10-K (filing date: 2008-02-22), 10-K (filing date: 2007-02-23), 10-K (filing date: 2006-02-22).
1 US$
2 Data adjusted for splits and stock dividends.
3 Closing price as at the filing date of Caterpillar Inc.’s Annual Report.
Comparison to Competitors
Caterpillar Inc., P/E, long-term trends, comparison to competitors
| Caterpillar Inc. | Illinois Tool Works Inc. | |
|---|---|---|
| Dec 31, 2019 | 12.36 | 23.76 |
| Dec 31, 2018 | 12.42 | 18.46 |
| Dec 31, 2017 | 126.80 | 33.07 |
| Dec 31, 2016 | — | 21.80 |
| Dec 31, 2015 | 18.07 | 17.60 |
| Dec 31, 2014 | 14.01 | 12.66 |
| Dec 31, 2013 | 16.25 | 19.89 |
| Dec 31, 2012 | 11.02 | 10.10 |
| Dec 31, 2011 | 15.11 | 13.12 |
| Dec 31, 2010 | 24.14 | 17.66 |
| Dec 31, 2009 | 40.66 | 24.15 |
| Dec 31, 2008 | 4.51 | 9.14 |
| Dec 31, 2007 | 12.54 | 14.08 |
| Dec 31, 2006 | 12.28 | 17.11 |
| Dec 31, 2005 | 17.17 | 16.27 |
Based on: 10-K (filing date: 2020-02-19), 10-K (filing date: 2019-02-14), 10-K (filing date: 2018-02-15), 10-K (filing date: 2017-02-15), 10-K (filing date: 2016-02-16), 10-K (filing date: 2015-02-17), 10-K (filing date: 2014-02-18), 10-K (filing date: 2013-02-19), 10-K (filing date: 2012-02-21), 10-K (filing date: 2011-02-22), 10-K (filing date: 2010-02-19), 10-K (filing date: 2009-02-20), 10-K (filing date: 2008-02-22), 10-K (filing date: 2007-02-23), 10-K (filing date: 2006-02-22).
Comparison to Sector (Industrial Engineering)
Caterpillar Inc., P/E, long-term trends, comparison to sector (industrial engineering)
| Caterpillar Inc. | Industrial Engineering | |
|---|---|---|
| Dec 31, 2019 | 12.36 | 15.69 |
| Dec 31, 2018 | 12.42 | 14.20 |
| Dec 31, 2017 | 126.80 | 62.03 |
| Dec 31, 2016 | — | 52.05 |
| Dec 31, 2015 | 18.07 | 17.84 |
| Dec 31, 2014 | 14.01 | 13.41 |
| Dec 31, 2013 | 16.25 | 17.37 |
| Dec 31, 2012 | 11.02 | 10.71 |
| Dec 31, 2011 | 15.11 | 14.52 |
| Dec 31, 2010 | 24.14 | 21.79 |
| Dec 31, 2009 | 40.66 | 32.17 |
| Dec 31, 2008 | 4.51 | 5.89 |
| Dec 31, 2007 | 12.54 | 13.07 |
| Dec 31, 2006 | 12.28 | 13.86 |
| Dec 31, 2005 | 17.17 | 16.86 |
Based on: 10-K (filing date: 2020-02-19), 10-K (filing date: 2019-02-14), 10-K (filing date: 2018-02-15), 10-K (filing date: 2017-02-15), 10-K (filing date: 2016-02-16), 10-K (filing date: 2015-02-17), 10-K (filing date: 2014-02-18), 10-K (filing date: 2013-02-19), 10-K (filing date: 2012-02-21), 10-K (filing date: 2011-02-22), 10-K (filing date: 2010-02-19), 10-K (filing date: 2009-02-20), 10-K (filing date: 2008-02-22), 10-K (filing date: 2007-02-23), 10-K (filing date: 2006-02-22).
Comparison to Industry (Industrials)
Caterpillar Inc., P/E, long-term trends, comparison to industry (industrials)
| Caterpillar Inc. | Industrials | |
|---|---|---|
| Dec 31, 2019 | 12.36 | 29.20 |
| Dec 31, 2018 | 12.42 | 28.34 |
| Dec 31, 2017 | 126.80 | 26.14 |
| Dec 31, 2016 | — | 22.94 |
| Dec 31, 2015 | 18.07 | 24.42 |
| Dec 31, 2014 | 14.01 | 18.70 |
| Dec 31, 2013 | 16.25 | 18.69 |
| Dec 31, 2012 | 11.02 | 16.83 |
| Dec 31, 2011 | 15.11 | 15.15 |
| Dec 31, 2010 | 24.14 | 17.46 |
| Dec 31, 2009 | 40.66 | 17.47 |
| Dec 31, 2008 | 4.51 | 9.50 |
| Dec 31, 2007 | 12.54 | 16.71 |
| Dec 31, 2006 | 12.28 | 17.41 |
| Dec 31, 2005 | 17.17 | 19.52 |
Based on: 10-K (filing date: 2020-02-19), 10-K (filing date: 2019-02-14), 10-K (filing date: 2018-02-15), 10-K (filing date: 2017-02-15), 10-K (filing date: 2016-02-16), 10-K (filing date: 2015-02-17), 10-K (filing date: 2014-02-18), 10-K (filing date: 2013-02-19), 10-K (filing date: 2012-02-21), 10-K (filing date: 2011-02-22), 10-K (filing date: 2010-02-19), 10-K (filing date: 2009-02-20), 10-K (filing date: 2008-02-22), 10-K (filing date: 2007-02-23), 10-K (filing date: 2006-02-22).