As at May 10, 2024, the MEOH stock has a price-to-earnings ratio of 20.35. This is based on the current EPS of $2.48 and the stock price of $50.48 per share. An increase of 24% has been recorded in the PE ratio compared to the average of 16.4 of the past four quarters.
The mean historical PE ratio of Methanex over the last ten years is 14.98. The current 20.35 price-to-earnings ratio is 36% more than the historical average. In the past ten years, MEOH's PE ratio reached its highest point in the Jun 2016 quarter at 42.17, with a price of $29.1 and an EPS of $0.69. The Sep 2022 quarter saw the lowest point at 4.57, with a price of $31.87 and an EPS of $6.97.
Maximum annual increase: 393.25% in 2019
Maximum annual decrease: -59.05% in 2018
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 18.43 | 140.92% |
| 2022 | 7.65 | 22.6% |
| 2021 | 6.24 | N/A |
| 2020 | N/A | N/A |
| 2019 | 33.59 | 393.25% |
| 2018 | 6.81 | -59.05% |
| 2017 | 16.63 | N/A |
| 2016 | N/A | N/A |
| 2015 | 14.94 | 56.11% |
| 2014 | 9.57 | -44.1% |
The current PE ratio of MEOH is above its 3, 5 and 10-year historical averages.
MEOH's PE ratio is less than its peer stocks BCPC and SCL, but it is above BP's.
| Stock name | PE ratio | Market cap |
|---|---|---|
| BP BP plc | 11.49 | $106.94B |
| MEOH Methanex Corp. | 21.32 | $3.56B |
| BCPC Balchem Corp | 43.29 | $5.02B |
| SCL Stepan Co | 52.98 | $1.99B |
The price to earnings ratio for MEOH stock is 20.35 as of May 10, 2024.
Over the last 3 years, the average PE ratio for MEOH stock is 12.43.
Over the last 5 years, the average PE ratio for MEOH stock is 13.54.
The highest quarterly PE ratio in the last ten years has been 42.17 and it was in the Jun 2016 quarter.
MEOH's current price to earnings ratio is 36% above its 10-year historical average.
The P/E ratio is calculated by dividing the latest price of a stock by its trailing twelve months EPS. As of today (May 10, 2024), Methanex's stock price is $50.48. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $2.48. Therefore, Methanex's price to earnings ratio for today is 20.35. PE RATIO(20.35) = STOCK PRICE($50.48) / TTM EPS($2.48)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.