The current PE ratio for Middleby stock as of May 1, 2024 is 18.38. This is calculated based on the TTM EPS of $7.48 and the stock price of $137.51 per share. The PE ratio marks an increase of 5% from its last 4 quarters average of 17.4.
The average historical PE ratio of Middleby for the last ten years is 23.4. The current price-to-earnings ratio of 18.38 is 21% 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 (18.38) than its peers average of 24.32.
| Stock name | PE ratio | Market cap |
|---|---|---|
| MTW Manitowoc Co Inc | 10.58 | $415.9M |
| WHR Whirlpool Corp | 12.94 | $5.17B |
| SXI Standex International Corp | 14.83 | $2.07B |
| DOV DOVER Corp | 16.99 | $24.44B |
| MIDD Middleby Corp | 18.38 | $7.37B |
| TNC Tennant Co | 19.39 | $2.14B |
| ITW Illinois Tool Works Inc | 24.8 | $72.39B |
| EVI Evi Industries Inc | 43.34 | $274.65M |
| GE General Electric Co | 51.68 | $174.81B |
The price to earnings ratio for MIDD stock as of May 1, 2024, stands at 18.38.
The average PE ratio for MIDD stock over the past 3 years is 19.12.
The average PE ratio for MIDD stock over the past 5 years is 20.36.
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 21% 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 (May 1, 2024), Middleby's share price is $137.51. The company's earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $7.48. Therefore, Middleby's price to earnings ratio for today is 18.38. PE RATIO(18.38) = STOCK PRICE($137.51) / TTM EPS($7.48)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.