Caterpillar P/E Ratio

Caterpillar's p/e ratio stands at 34.66. That is above the Industrials sector average of 28.36. Stockcircle updates this page with the newest filings so you can track how the metric evolves quarter by quarter.

Caterpillar sits higher the Industrials benchmark (28.36) with a P/E ratio of 34.66. That is roughly 22.2% above the sector mean. Peer context matters because what looks expensive or cheap in absolute terms can be normal for the sector.

Whether 34.66 is attractive depends on Caterpillar's earnings outlook, competitive position, and how peers are valued. Investors typically ask: is growth accelerating, are margins stable, and is the multiple expanding or compressing over time? The history and comparison charts below are built for those checks.

The history chart shows how Caterpillar's P/E ratio evolved across reporting periods, while the comparison chart places CAT next to similar companies. Use both: a rising metric that still lags peers tells a different story than a rising metric that already leads the group. Growth charts, when available, highlight acceleration or slowdown.

Yes — within Industrials, P/E ratio is commonly used to spot outliers. Caterpillar's reading of 34.66 (sector avg 28.36) is a starting point; confirm whether differences come from growth, margins, accounting choices, or one-time items before treating an outlier as a buy or sell signal.