MITK Mitek Systems PE ratio, current and historical analysis
As of Dec 24, 2024, the MITK stock has a PE ratio of 163.57. The calculation is based on the latest EPS of $0.07 and the stock price of $11.45 per share.
MITK PE ratio history
The mean historical PE ratio of Mitek Systems over the last ten years is 79.32. The current 163.57 price-to-earnings ratio is 106% more than the historical average. Analyzing the last ten years, MITK's PE ratio reached its highest point in the Sep 2016 quarter at 138.17, with a price of $8.29 and an EPS of $0.06. The Sep 2017 quarter saw the lowest point at 22.09, with a price of $9.5 and an EPS of $0.43.
Mitek Systems PE ratio by year
Maximum annual increase: 246.46% in 2016
Maximum annual decrease: -84.01% in 2017
| Year | PE ratio | Change |
|---|---|---|
| 2024 | 123.86 | 107.96% |
| 2023 | 59.56 | -47.98% |
| 2022 | 114.5 | 11.4% |
| 2021 | 102.78 | 53.29% |
| 2020 | 67.05 | N/A |
| 2019 | N/A | N/A |
| 2018 | N/A | N/A |
| 2017 | 22.09 | -84.01% |
| 2016 | 138.17 | 246.46% |
| 2015 | 39.88 | N/A |
MITK average PE ratio chart
The current PE ratio of MITK is higher than the 3, 5 and 10-year averages.
MITK PE vs peers
When compared to its peer stocks FICO and FIS, MITK's PE ratio is higher. Mitek Systems's current PE ratio of 163.57 is in line with the average of its peers, which is 48.29.
| Stock name | PE ratio | Market cap |
|---|---|---|
| SSNC SS&C Technologies Holdings Inc | 26.83 | $19.07B |
| JKHY Henry Jack & Associates Inc | 32.4 | $12.96B |
| FIS Fidelity National Information Services Inc | 32.76 | $44.27B |
| FICO Fair Isaac Corp | 99.34 | $50.26B |
| MITK Mitek Systems Inc | 162.14 | $509.81M |
Frequently asked questions
What is Mitek Systems's PE ratio?
MITK's price to earnings ratio is 163.57 as of Dec 24, 2024.
What is the 3-year average PE ratio for Mitek Systems (MITK)?
As an average over the last 3 years, MITK stock has a PE ratio of 78.49.
What is the 5-year average PE ratio for Mitek Systems (MITK)?
As an average over the last 5 years, MITK stock has a PE ratio of 79.23.
What is the highest PE ratio for MITK?
The current PE of 163.57 represents the highest historical value in the last ten years.
How does the current PE ratio for MITK compare to its historical average?
MITK's current price to earnings ratio is 106% above its 10-year historical average.
Why is Mitek Systems's PE ratio so high?
MITK's stock price is trading at a higher multiple of earnings, which is why its PE ratio of 163.57 is considered high.
How is MITK's PE ratio calculated (Mitek Systems 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 (Dec 24, 2024), Mitek Systems's share price is $11.45. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $0.07. Therefore, Mitek Systems's price to earnings ratio for today is 163.57. PE RATIO(163.57) = STOCK PRICE($11.45) / TTM EPS($0.07)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.