CIT Historical PE Ratio image   This CIT PE ratio history page last updated 1/18/2022
CIT PE History Chart
PeriodPriceAdj. EPSTTMPE
Q3 2021
10/26/2021
51.731.847.906.5
Q2 2021
7/27/2021
48.292.096.907.0
Q1 2021
4/28/2021
53.462.474.1912.8
Q4 2020
1/26/2021
38.461.502.6714.4
Q3 2020
10/16/2020
25.000.842.4410.2
Q2 2020
7/21/2020
18.78-0.622.896.5
Q1 2020
4/21/2020
18.190.954.833.8
Q4 2019
1/28/2020
48.441.275.069.6
Q3 2019
10/22/2019
43.991.295.008.8
Q2 2019
7/23/2019
51.091.324.8610.5
Q1 2019
4/23/2019
53.061.184.5411.7
Q4 2018
1/29/2019
45.781.214.1011.2
Q3 2018
10/23/2018
45.961.153.8811.8
Q2 2018
7/24/2018
53.081.003.7514.2
Q1 2018
4/24/2018
52.520.743.4315.3
Q4 2017
1/30/2018
51.320.993.2315.9
Q3 2017
10/24/2017
47.511.022.8316.8
Q2 2017
7/25/2017
48.600.682.5419.1
Q1 2017
4/25/2017
45.020.542.7616.3
Q4 2016
1/31/2017
41.190.592.9713.9
Q3 2016
10/25/2016
35.960.733.4810.3
Q2 2016
7/28/2016
34.740.903.539.8
Q1 2016
4/28/2016
34.530.753.2910.5
Q4 2015
2/2/2016
27.701.103.168.8
Q3 2015
11/3/2015
41.800.783.4312.2
Q2 2015
7/28/2015
46.040.663.2414.2
Q1 2015
4/28/2015
44.850.623.6012.5
Q4 2014
1/27/2015
45.361.373.5312.8
Q3 2014
10/28/2014
48.240.592.8117.2
Q2 2014
7/22/2014
48.711.023.2115.2
Q1 2014
4/29/2014
43.610.553.1114.0
Q4 2013
1/28/2014
47.190.653.3714.0
Q3 2013
10/22/2013
49.060.993.7513.1
Q2 2013
7/23/2013
50.110.921.2440.4
Q1 2013
4/23/2013
40.880.81-0.03NA
Q4 2012
1/29/2013
42.411.03NANA
Q3 2012
10/23/2012
36.51-1.52NANA
Q2 2012
7/30/2012
35.94-0.35NANA
CIT Historical PE Ratio Chart
Data adjusted for CIT split history

PeriodPriceAdj. EPSAnnualizedPE
Q3 2021
10/26/2021
51.731.847.367.0
Q2 2021
7/27/2021
48.292.098.365.8
Q1 2021
4/28/2021
53.462.479.885.4
Q4 2020
1/26/2021
38.461.506.006.4
Q3 2020
10/16/2020
25.000.843.367.4
Q2 2020
7/21/2020
18.78-0.62-2.48NA
Q1 2020
4/21/2020
18.190.953.804.8
Q4 2019
1/28/2020
48.441.275.089.5
Q3 2019
10/22/2019
43.991.295.168.5
Q2 2019
7/23/2019
51.091.325.289.7
Q1 2019
4/23/2019
53.061.184.7211.2
Q4 2018
1/29/2019
45.781.214.849.5
Q3 2018
10/23/2018
45.961.154.6010.0
Q2 2018
7/24/2018
53.081.004.0013.3
Q1 2018
4/24/2018
52.520.742.9617.7
Q4 2017
1/30/2018
51.320.993.9613.0
Q3 2017
10/24/2017
47.511.024.0811.6
Q2 2017
7/25/2017
48.600.682.7217.9
Q1 2017
4/25/2017
45.020.542.1620.8
Q4 2016
1/31/2017
41.190.592.3617.5
Q3 2016
10/25/2016
35.960.732.9212.3
Q2 2016
7/28/2016
34.740.903.609.7
Q1 2016
4/28/2016
34.530.753.0011.5
Q4 2015
2/2/2016
27.701.104.406.3
Q3 2015
11/3/2015
41.800.783.1213.4
Q2 2015
7/28/2015
46.040.662.6417.4
Q1 2015
4/28/2015
44.850.622.4818.1
Q4 2014
1/27/2015
45.361.375.488.3
Q3 2014
10/28/2014
48.240.592.3620.4
Q2 2014
7/22/2014
48.711.024.0811.9
Q1 2014
4/29/2014
43.610.552.2019.8
Q4 2013
1/28/2014
47.190.652.6018.1
Q3 2013
10/22/2013
49.060.993.9612.4
Q2 2013
7/23/2013
50.110.923.6813.6
Q1 2013
4/23/2013
40.880.813.2412.6
Q4 2012
1/29/2013
42.411.034.1210.3
Q3 2012
10/23/2012
36.51-1.52-6.08NA
Q2 2012
7/30/2012
35.94-0.35-1.40NA
Quotes delayed 20 minutes

Email EnvelopeFree CIT Email Alerts:
Get Dividend Alerts
Get SEC Filing Alerts
10 Most Oversold S&P 500 Stocks
10 Most Overbought S&P 500 Stocks
10 ETFs With Stocks Insiders Are Buying
10 ETFs With Most Upside To Targets
The DividendRank Top 25
Warren Buffett Dividend Stocks
10 Cheap Dividend Stocks Under $10
10 Top DividendRank'ed Energy Stocks
The 10 Highest Yielding Preferred Stocks
The 10 Highest Yielding Preferred Stocks
The 15 Most Active S&P Call & Put Options
CIT Group (CIT) is categorized under the Financials sector; to help you further research PE history across stocks, below are some other companies in the same sector:

CIVB PE Ratio History
CIZN PE Ratio History
CLBK PE Ratio History
CLDB PE Ratio History
CLDT PE Ratio History
CLI PE Ratio History
CLNC PE Ratio History
CLNY PE Ratio History
CLPR PE Ratio History
CMA PE Ratio History
On this page we presented the CIT PE Ratio History information for CIT Group' stock. The average CIT PE ratio history based on using the annualized quarterly earnings result at each measurement period (for the "E" in the PE calculation; and the closing price on earnings date as the "P") is 12.1. Meanwhile, using the trailing twelve month (TTM) quarterly earnings result as our method of calculation the "E" value at each measurement period, the average CIT PE ratio history based on this TTM earnings result method is 13.0. Note: any PE calculations involving negative earnings were discarded as not meaningful.

Let's now compare this CIT PE ratio history result, against the recent PE: when this page was posted on 1/3/2022, the most recent closing price for CIT had been 53.50, and the most recent quarterly earnings result, annualized, was 7.36. Meanwhile, the most recent TTM earnings summed to 7.9. From these numbers, we calculate the recent CIT PE on 1/3/2022 based on annualized quarterly EPS was 7.3. Based on CIT's history, that recent PE is low relative to the historical average, with the recent PE 39.7% lower than the historical average PE across our data set for CIT Group. Looking at the recent CIT PE on 1/3/2022 based on TTM EPS, we calculate the ratio at 6.8. Based on CIT's history, that recent PE is low relative to the historical average, with the recent PE 47.7% lower than the average PE across our CIT Group data set with TTM EPS used in the calculation at each period.

Another interesting CIT PE ratio history calculation we look at is to take the median earnings per share of the last four quarters for CIT, and then annualize the resulting value... with that annualized number then being used in the PE calculation. To walk through this math for CIT, we start with the past four EPS numbers and we first sort them from lowest to highest: 1.50, 1.84, 2.09, and 2.47. We then toss out the highest and lowest result, and then take the average of those two middle numbers — 1.84 and 2.09 — which gives us the median of 1.96. Basically the way to think about this 1.96 number is this: for the trailing four earnings reports, 1.96 marks the "middle ground" number where CIT has reported a value higher than 1.96 half the time, and has reported a value lower than 1.96 half the time. Annualizing that median value then gets us to 7.84/share, which we use as the denominator in our next PE calculation. With 53.50 as the numerator (as of 1/3/2022), the calculation is then 53.50 / 7.84 = 6.8 as the CIT PE ratio as of 1/3/2022, based on that annualized median value we calculated.

For self directed investors doing their due diligence on CIT or any other given stock, valuation analysis for CIT can greatly benefit from studying the past earnings and resulting PE ratio history calculations. This type of study can help inform an analysis as to whether the earnings trajectory over time and current versus historical average PE ratios justify the current stock market value.

That's why we bring you HistoricalPERatio.com to make it easy for investors to investigate CIT Group PE ratio history — or the PE history for any stock in our coverage universe. And in your continued research we hope you will be sure to check out the further links included for next earnings dates and also historical earnings surprises history for CIT. Thanks for visiting, and the next time you need to research CIT PE Ratio History or the PE ratio history for another stock, we hope our site will come to mind as your go-to PE ratio history research resource of choice.

Recommended: Funds Holding FAF, DVAX Historical Stock Prices, Emerson Electric RSI.

 

CIT PE Ratio History | www.HistoricalPERatio.com | Copyright © 2020 - 2022, All Rights Reserved

Nothing in HistoricalPERatio.com is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and market videos powered by Market News Video. Quote and option data delayed at least 15 minutes; stock quote data powered by Ticker Technologies, and Mergent.