SMID
Smith-Midland
PE ratio, current and historical analysis
- Stocks
- Basic Materials
- NASDAQ: SMID
- PE Ratio
The current PE ratio for Smith-Midland stock as of Jun 16, 2026 is 14.75. This is calculated based on the TTM EPS of $1.98 and the stock price of $29.2 per share. The PE ratio has decreased by 6% from its last 4 quarters average of 15.8.
SMID PE ratio history
The average historical PE ratio of Smith-Midland for the last ten years is 40.65. The current price-to-earnings ratio of 14.75 is 64% less than the historical average. Analyzing the last ten years, SMID's PE ratio reached its highest point in the Dec 2023 quarter at 263.33, when the price was $39.5 and the EPS was $0.15. The lowest point was recorded in the Jun 2016 quarter, when it reached 7.24 with a price of $2.46 and an EPS of $0.34.
Smith-Midland PE ratio by year
Maximum annual increase: 321.69% in 2022
Maximum annual decrease: -88.36% in 2024
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2025 | 15.4 | -49.77% | $36.34 | $2.36 |
| 2024 | 30.66 | -88.36% | $44.46 | $1.45 |
| 2023 | 263.33 | 92.68% | $39.5 | $0.15 |
| 2022 | 136.67 | 321.69% | $20.5 | $0.15 |
| 2021 | 32.41 | 74.91% | $47 | $1.45 |
| 2020 | 18.53 | 17.35% | $9.45 | $0.51 |
| 2019 | 15.79 | -30.35% | $6 | $0.38 |
| 2018 | 22.67 | 75.46% | $7.48 | $0.33 |
| 2017 | 12.92 | 37.59% | $6.85 | $0.53 |
| 2016 | 9.39 | -39.5% | $5.35 | $0.57 |
| 2015 | 15.52 | N/A | $3.26 | $0.21 |
| 2014 | N/A | N/A | $2.2 | -$0.16 |
| 2013 | 15.36 | -37.64% | $2.15 | $0.14 |
| 2012 | 24.63 | N/A | $1.97 | $0.08 |
| 2011 | N/A | N/A | $1.4 | -$0.07 |
Smith-Midland PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Mar 2026 | 16.43 | 6.69% | $32.53 | $1.98 |
| Dec 2025 | 15.4 | -6.95% | $36.34 | $2.36 |
| Sep 2025 | 16.55 | 12.43% | $36.9 | $2.23 |
| Jun 2025 | 14.72 | -11.86% | $33.56 | $2.28 |
| Mar 2025 | 16.7 | -45.53% | $31.07 | $1.86 |
| Dec 2024 | 30.66 | 12.02% | $44.46 | $1.45 |
| Sep 2024 | 27.37 | -14.01% | $33.39 | $1.22 |
| Jun 2024 | 31.83 | -76.29% | $27.69 | $0.87 |
| Mar 2024 | 134.23 | -49.03% | $46.98 | $0.35 |
| Dec 2023 | 263.33 | 52.37% | $39.5 | $0.15 |
| Sep 2023 | 172.82 | N/A | $19.01 | $0.11 |
| Jun 2023 | N/A | N/A | $23.52 | -$0.13 |
| Mar 2023 | 98.74 | -27.75% | $18.76 | $0.19 |
| Dec 2022 | 136.67 | -23.36% | $20.5 | $0.15 |
| Sep 2022 | 178.33 | 995.39% | $26.75 | $0.15 |
SMID Price vs fair value
SMID average PE ratio chart
What this chart measures
The Historical Valuation Regime chart shows where the stock's current valuation sits relative to its own historical valuation range over the selected lookback period.
This is a history-relative tool, not a market-relative percentile. It does not compare the stock to other companies. Instead, it compares each historical valuation reading to the stock's own past readings.
Percentile logic
The threshold lines are calculated them from the stock's real historical values using percentile interpolation. That is why some colored bands are narrow while others are wide: the band widths reflect how the stock actually traded through time.
Regime map
| Historical percentile | Regime | Chart meaning |
|---|---|---|
| 0-10 | Historically Low | Deep cheap zone |
| >10-25 | Below Average | Cheap relative to history |
| >25-75 | Average | Within the normal historical range |
| >75-90 | Above Average | Expensive relative to history |
| >90-100 | Historically High | Extreme or stretched valuation |
How to read each part
| Chart element | What it tells you |
|---|---|
| Main line | The actual historical valuation values over time for the selected metric. |
| Dashed horizontal lines | The stock's computed P10, P25, Median, P75, and P90 thresholds for the selected period. |
| Colored bands | The historical valuation zones between those thresholds. |
| Metric boxes | Current ratio, historical median, current percentile, and current regime. |
| Timeline strip | A condensed regime history showing how the stock moved between cheap, fair, and expensive states across each observation. |
Important metric definitions
Current Percentile is the percentile rank of the latest valid historical observation within the selected lookback range.
Current Regime is assigned directly from the latest observation's percentile bucket using the fixed 10 / 25 / 75 / 90 cutoffs shown above.
How to use it well
This chart is most useful for answering a narrow question: Is this stock trading high, low, or normal relative to its own history? It works best alongside growth, profitability, and forward-looking business analysis, because a stock can deserve a higher or lower regime if its business quality has changed.
Currently, SMID's PE ratio is under its 3, 5 and 10-year averages.
PE comparison
With a price to earnings (P/E) of 14.75, SMID stands lower than the Basic Materials sector and the industry average. Looking at the Basic Materials sector average of 21.86, Smith-Midland's price to earnings (P/E) is 33% lower.
SMID PE vs peers
SMID's PE ratio is less than its peer stocks VMC and EXP, but it is above MLM's.
| Stock name | PE ratio | Market cap |
|---|---|---|
| MLM Martin Marietta Materials Inc | 14.36 | $36.24B |
| SMID Smith-Midland Corp. | 14.75 | $154.95M |
| EXP Eagle Materials Inc | 16.61 | $6.81B |
| VMC Vulcan Materials CO | 35.56 | $39.03B |
Frequently asked questions
What is Smith-Midland's PE ratio?
As of Jun 16, 2026, SMID stock has a price to earnings ratio of 14.75.
What is the 3-year average PE ratio for Smith-Midland (SMID)?
As an average over the last 3 years, SMID stock has a PE ratio of 67.28.
What is the 5-year average PE ratio for Smith-Midland (SMID)?
As an average over the last 5 years, SMID stock has a PE ratio of 65.87.
What is the highest PE ratio for SMID?
Over the last ten years, the quarterly PE ratio reached its highest level at 263.33 in the Dec 2023 quarter.
How does the current PE ratio for SMID compare to its historical average?
The current PE ratio of SMID is 64% lower than the 10-year historical average.
How is SMID's PE ratio calculated (Smith-Midland PE ratio formula)?
The P/E ratio is calculated by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Jun 16, 2026), Smith-Midland's share price is $29.2. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2026 is $1.98. Therefore, Smith-Midland's price to earnings ratio for today is 14.75. PE RATIO(14.75) = STOCK PRICE($29.2) / TTM EPS($1.98)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.