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MIDD Middleby PE ratio, current and historical analysis

The current PE ratio for Middleby stock as of Feb 23, 2024 is 17.98. This is calculated based on the TTM EPS of $8.53 and the stock price of $153.34 per share. The PE ratio marks an increase of 8% from its last 4 quarters average of 16.7.

MIDD PE ratio history

How has MIDD's PE ratio performed in the past

The average historical PE ratio of Middleby for the last ten years is 23.67. The current price-to-earnings ratio of 17.98 is 24% 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.

Average
23.67
Median
23.85
Minimum
9.02
Maximum
40.86

Middleby PE ratio by year

Maximum annual increase: 97.86% in 2021

Maximum annual decrease: -35.17% in 2022

Year PE ratio Change
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%
2013 29.29 55.47%

MIDD average PE ratio chart

What is the average PE ratio of MIDD for the past years

The current PE ratio of MIDD is under its 3, 5 and 10-year averages.

3-year avg
21.04
5-year avg
20.51
10-year avg
23.67
15-year avg
21.9

MIDD PE vs peers

What is MIDD's PE ratio compared to its peers

When compared to its peers GE and ITW, MIDD's PE ratio is lower, but it is higher than WHR's and SXI's. Middleby is currently trading at a lower PE ratio (17.98) than its peers average of 20.59.

Stock name PE ratio Market cap
MTW Manitowoc Co Inc 12 $471.7M
WHR Whirlpool Corp 12.38 $5.93B
SXI Standex International Corp 14.08 $1.96B
MIDD Middleby Corp 17.85 $8.16B
TNC Tennant Co 18.1 $1.99B
GE General Electric Co 18.31 $168.18B
DOV DOVER Corp 21.69 $22.94B
ITW Illinois Tool Works Inc 26.54 $77.46B
EVI Evi Industries Inc 42.11 $266.86M

Frequently asked questions

What is Middleby's PE ratio?

The price to earnings ratio for MIDD stock as of Feb 23, 2024, stands at 17.98.

What is the 3-year average PE ratio for Middleby (MIDD)?

The average PE ratio for MIDD stock over the past 3 years is 21.04.

What is the 5-year average PE ratio for Middleby (MIDD)?

The average PE ratio for MIDD stock over the past 5 years is 20.51.

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 24% 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 (Feb 23, 2024), Middleby's share price is $153.34. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2023 is $8.53. Therefore, Middleby's price to earnings ratio for today is 17.98. PE RATIO(17.98) = STOCK PRICE($153.34) / TTM EPS($8.53)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.