MIDD Middleby PE ratio, current and historical analysis
The current PE ratio for Middleby stock as of Nov 21, 2024 is 18.99. This is calculated based on the TTM EPS of $7.3 and the stock price of $138.66 per share. The PE ratio has decreased by 3% from its last 4 quarters average of 19.6.
MIDD PE ratio history
The average historical PE ratio of Middleby for the last ten years is 22.97. The current price-to-earnings ratio of 18.99 is 17% less than the historical average. Analyzing the last ten years, MIDD's PE ratio reached its highest point in the Apr 2021 quarter at 40.86, when the price was $165.49 and the EPS was $4.05. The lowest point was recorded in the Mar 2020 quarter, when it reached 9.02 with a price of $57.93 and an EPS of $6.42.
Middleby PE ratio by year
Maximum annual increase: 97.86% in 2021
Maximum annual decrease: -35.17% in 2022
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 19.68 | 18.63% |
| 2022 | 16.59 | -25.37% |
| 2022 | 22.23 | -35.17% |
| 2021 | 34.29 | 97.86% |
| 2019 | 17.33 | -2.42% |
| 2018 | 17.76 | -30.79% |
| 2017 | 25.66 | -0.81% |
| 2016 | 25.87 | -19.41% |
| 2016 | 32.1 | 10.54% |
| 2015 | 29.04 | -0.85% |
MIDD average PE ratio chart
The current PE ratio of MIDD is higher than the 3-year average, but it is under its 5 and 10-year averages.
MIDD PE vs peers
When compared to its peers GE and ITW, MIDD's PE ratio is lower, but it is higher than DOV's and WHR's. Middleby is currently trading at a lower PE ratio (18.99) than its peers average of 23.98.
| Stock name | PE ratio | Market cap |
|---|---|---|
| WHR Whirlpool Corp | 10.91 | $6.13B |
| TNC Tennant Co | 15.23 | $1.66B |
| DOV DOVER Corp | 18 | $27.78B |
| MIDD Middleby Corp | 18.99 | $7.46B |
| ITW Illinois Tool Works Inc | 23.26 | $79.69B |
| GE General Electric Co | 31.13 | $193.41B |
| SXI Standex International Corp | 32.81 | $2.44B |
| EVI Evi Industries Inc | 36.54 | $242.01M |
| MTW Manitowoc Co Inc | N/A | $371.29M |
Frequently asked questions
What is Middleby's PE ratio?
The price to earnings ratio for MIDD stock as of Nov 21, 2024, stands at 18.99.
What is the 3-year average PE ratio for Middleby (MIDD)?
The average PE ratio for MIDD stock over the past 3 years is 18.1.
What is the 5-year average PE ratio for Middleby (MIDD)?
The average PE ratio for MIDD stock over the past 5 years is 20.17.
What is the highest PE ratio for MIDD?
The highest quarterly PE ratio in the last ten years has been 40.86 and it was in the Apr 2021 quarter.
How does the current PE ratio for MIDD compare to its historical average?
The current PE ratio of MIDD is 17% lower than the 10-year historical average.
How is MIDD's PE ratio calculated (Middleby PE ratio formula)?
You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months earnings per share(EPS). As of today (Nov 21, 2024), Middleby's share price is $138.66. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $7.3. Therefore, Middleby's price to earnings ratio for today is 18.99. PE RATIO(18.99) = STOCK PRICE($138.66) / TTM EPS($7.3)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.