The current PE ratio for Middleby stock as of Jul 25, 2024 is 18.18. This is calculated based on the TTM EPS of $7.24 and the stock price of $131.61 per share. The PE ratio has decreased by 2.3% from its last 4 quarters average of 18.6.
The average historical PE ratio of Middleby for the last ten years is 23.3. The current price-to-earnings ratio of 18.18 is 22% 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.
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% |
The current PE ratio of MIDD is under its 3, 5 and 10-year averages.
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 (18.18) than its peers average of 26.72.
| Stock name | PE ratio | Market cap |
|---|---|---|
| WHR Whirlpool Corp | 10.25 | $5.46B |
| MTW Manitowoc Co Inc | 16.43 | $461.32M |
| DOV DOVER Corp | 17.17 | $25.46B |
| TNC Tennant Co | 17.77 | $2.07B |
| MIDD Middleby Corp | 18.21 | $7.09B |
| ITW Illinois Tool Works Inc | 24.34 | $73.85B |
| SXI Standex International Corp | 29.85 | $2.21B |
| GE General Electric Co | 39.77 | $184.13B |
| EVI Evi Industries Inc | 55.76 | $268.71M |
The price to earnings ratio for MIDD stock as of Jul 25, 2024, stands at 18.18.
The average PE ratio for MIDD stock over the past 3 years is 18.43.
The average PE ratio for MIDD stock over the past 5 years is 20.33.
The highest quarterly PE ratio in the last ten years has been 40.86 and it was in the Apr 2021 quarter.
The current PE ratio of MIDD is 22% lower than the 10-year historical average.
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 (Jul 25, 2024), Middleby's share price is $131.61. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $7.24. Therefore, Middleby's price to earnings ratio for today is 18.18. PE RATIO(18.18) = STOCK PRICE($131.61) / TTM EPS($7.24)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.