The PE ratio for Morningstar stock stands at 64.66 as of Jul 25, 2024. This takes into account the latest EPS of $4.99 and stock price of $322.67. A decrease of 60% has been observed in the PE ratio compared to its average of 162.9 of the last four quarters.
Over the last ten years, the average PE ratio of Morningstar has been 64.48. The current 64.66 P/E ratio is similar to 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 higher than its 10-year average, but it is lower than its 3 and 5-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 | 25.62 | $468.52M |
| FDS Factset Research Systems Inc | 30.81 | $15.8B |
| MSCI MSCI Inc | 36.11 | $42.51B |
| MCO Moodys Corp | 44.12 | $81.72B |
| MORN Morningstar Inc | 65.39 | $13.95B |
| NWSA News Corp | 76.36 | $15.67B |
| ENV Envestnet Inc | N/A | $3.42B |
The price to earnings ratio for MORN stock as of Jul 25, 2024, stands at 64.66.
The 3-year average price to earnings ratio for MORN stock is 146.62.
The 5-year average price to earnings ratio for MORN stock is 101.84.
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 0.3% above 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 (Jul 25, 2024), Morningstar's share price is $322.67. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $4.99. Therefore, Morningstar's PE ratio for today is 64.66. PE RATIO(64.66) = STOCK PRICE($322.67) / TTM EPS($4.99)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.