The PE ratio for Morningstar stock stands at 44.63 as of Nov 21, 2024. This takes into account the latest EPS of $7.62 and stock price of $340.07. A decrease of 26% has been observed in the PE ratio compared to its average of 60.4 of the last four quarters.
Over the last ten years, the average PE ratio of Morningstar has been 64.22. The current 44.63 P/E ratio is 31% lower than the historical average. Looking back at the last ten years, MORN's PE ratio peaked in the Mar 2023 quarter at 507.58, with a price of $203.03 and an EPS of $0.4. The Dec 2016 quarter marked the lowest point at 19.67, with a price of $73.56 and an EPS of $3.74.
Maximum annual increase: 72.72% in 2022
Maximum annual decrease: -34.12% in 2023
Year | PE ratio | Change |
---|---|---|
2023 | 86.48 | -34.12% |
2022 | 131.27 | 72.72% |
2021 | 76 | 71.33% |
2020 | 44.36 | 4.38% |
2019 | 42.5 | 66.41% |
2018 | 25.54 | -15.46% |
2017 | 30.21 | 53.58% |
2016 | 19.67 | -26.6% |
2015 | 26.8 | -27.53% |
2014 | 36.98 | 26.9% |
The current PE ratio of MORN is lower than its 3, 5 and 10-year averages.
In comparison to its peer NWSA, MORN's PE ratio is lower, but it is higher than MCO's and MSCI's.
Stock name | PE ratio | Market cap |
---|---|---|
VALU Value Line Inc | 24.21 | $483.34M |
FDS Factset Research Systems Inc | 34.43 | $18.45B |
MSCI MSCI Inc | 38.07 | $45.56B |
MCO Moodys Corp | 43.49 | $86.6B |
MORN Morningstar Inc | 44.63 | $14.58B |
NWSA News Corp | 47.65 | $16.8B |
ENV Envestnet Inc | N/A | $3.49B |
The price to earnings ratio for MORN stock as of Nov 21, 2024, stands at 44.63.
The 3-year average price to earnings ratio for MORN stock is 137.82.
The 5-year average price to earnings ratio for MORN stock is 99.55.
The highest quarterly PE ratio in the last ten years has been 507.58 and it was in the Mar 2023 quarter.
MORN's price to earnings ratio is currently 31% below its 10-year historical average.
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Nov 21, 2024), Morningstar's share price is $340.07. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $7.62. Therefore, Morningstar's PE ratio for today is 44.63. PE RATIO(44.63) = STOCK PRICE($340.07) / TTM EPS($7.62)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.