As of May 1, 2024, the Badger Meter stock's PE ratio is 52.3. This takes into account the latest EPS of $3.49 and stock price of $182.52. The PE ratio has grown by 4.4% from its last 4 quarters average of 50.1.
The PE ratio of Badger Meter has averaged 41.27 over the last ten years. The current P/E ratio of 52.3 is 27% higher than the historical average. Looking back at the last ten years, BMI's PE ratio peaked in the Sep 2018 quarter at 63.8, when the price was $52.95 and the EPS was $0.83. The lowest point was in the Sep 2014 quarter, when it reached 24.02 with a price of $25.23 and an EPS of $1.05.
Maximum annual increase: 38.92% in 2020
Maximum annual decrease: -22.3% in 2019
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 48.85 | 2.15% |
| 2022 | 47.82 | -6.22% |
| 2021 | 50.99 | -7.84% |
| 2020 | 55.33 | 38.92% |
| 2019 | 39.83 | -22.3% |
| 2018 | 51.26 | 28.7% |
| 2017 | 39.83 | 20.73% |
| 2016 | 32.99 | 1.35% |
| 2015 | 32.55 | 14.09% |
| 2014 | 28.53 | -9.97% |
BMI's current PE ratio is higher than the 3, 5 and 10-year averages.
In comparison to its peer GTLS, BMI's PE ratio is lower, but it is higher than EMR's and ROP's. Badger Meter's current PE ratio of 52.3 is higher than the average of its peers, which is 29.8.
| Stock name | PE ratio | Market cap |
|---|---|---|
| EMR Emerson Electric Co | 5.5 | $60.83B |
| IEX Idex Corp | 28.95 | $16.7B |
| MWA Mueller Water Products Inc | 32.36 | $2.53B |
| ROP Roper Technologies Inc | 39.34 | $54.65B |
| ITRI Itron Inc | 46.89 | $4.55B |
| BMI Badger Meter Inc | 53.66 | $5.5B |
| GTLS Chart Industries Inc | 302.08 | $6.13B |
As of May 1, 2024, BMI stock has a price to earnings ratio of 52.3.
The 3-year average price to earnings ratio for BMI stock is 48.16.
The 5-year average price to earnings ratio for BMI stock is 45.88.
Over the last ten years, the quarterly PE ratio reached its highest level at 63.8 in the Sep 2018 quarter.
BMI's price to earnings ratio is currently 27% above its 10-year historical average.
The P/E ratio is obtained by dividing the latest price of a stock by its trailing twelve months EPS. As of today (May 1, 2024), Badger Meter's share price is $182.52. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $3.49. Therefore, Badger Meter's PE ratio for today is 52.3. PE RATIO(52.3) = STOCK PRICE($182.52) / TTM EPS($3.49)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.