The PE ratio for Monolithic Power Systems stock stands at 82.62 as of May 3, 2024. This takes into account the latest EPS of $8.56 and stock price of $707.22. An increase of 30% has been observed in the PE ratio compared to its average of 63.5 of the past four quarters.
Over the last ten years, the average PE ratio of Monolithic Power Systems has been 65.98. The current 82.62 price-to-earnings ratio is 25% more than the historical average. Analyzing the last ten years, MPWR's PE ratio reached its highest point in the Sep 2021 quarter at 104.23, with a price of $484.68 and an EPS of $4.65. The Dec 2022 quarter saw the lowest point at 37.74, with a price of $353.61 and an EPS of $9.37.
Maximum annual increase: 86.12% in 2023
Maximum annual decrease: -59.61% in 2022
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 70.24 | 86.12% |
| 2022 | 37.74 | -59.61% |
| 2021 | 93.43 | -6.37% |
| 2020 | 99.79 | 41.27% |
| 2019 | 70.64 | 51.3% |
| 2018 | 46.69 | -34.34% |
| 2017 | 71.11 | 12.84% |
| 2016 | 63.02 | -11.96% |
| 2015 | 71.58 | 32.38% |
| 2014 | 54.07 | -4.84% |
Currently, MPWR's PE ratio is higher than the 3, 5 and 10-year averages.
MPWR's PE ratio is above its peer stocks ADI and POWI.
| Stock name | PE ratio | Market cap |
|---|---|---|
| ADI Analog Devices Inc | 35.46 | $99B |
| POWI Power Integrations Inc | 70.72 | $3.9B |
| MPWR Monolithic Power Systems Inc | 82.62 | $34.42B |
| SMTC Semtech Corp | N/A | $2.52B |
As of May 3, 2024, MPWR stock has a price to earnings ratio of 82.62.
The average PE ratio for MPWR stock over the past 3 years is 66.84.
The average PE ratio for MPWR stock over the past 5 years is 70.36.
Over the last ten years, the quarterly PE ratio reached its highest level at 104.23 in the Sep 2021 quarter.
MPWR's price to earnings ratio is currently 25% above its 10-year historical average.
A company with a higher PE ratio may indicate that the market has higher growth expectations for the company's future earnings or profitability.
The P/E ratio is calculated by taking the latest stock price and dividing it by the earnings per share(EPS) for the last 12 months. As of today (May 3, 2024), Monolithic Power Systems's share price is $707.22. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $8.56. Therefore, Monolithic Power Systems's price to earnings ratio for today is 82.62. PE RATIO(82.62) = STOCK PRICE($707.22) / TTM EPS($8.56)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.