As of Jul 26, 2024, the Badger Meter stock's PE ratio is 53.58. This takes into account the latest EPS of $3.85 and stock price of $206.29. The PE ratio has grown by 11% from its last 4 quarters average of 48.2.
The PE ratio of Badger Meter has averaged 41.83 over the last ten years. The current P/E ratio of 53.58 is 28% 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 53.58 is higher than the average of its peers, which is 26.93.
| Stock name | PE ratio | Market cap |
|---|---|---|
| EMR Emerson Electric Co | 6.21 | $66.84B |
| IEX Idex Corp | 27.09 | $15.63B |
| ITRI Itron Inc | 29.5 | $4.75B |
| MWA Mueller Water Products Inc | 32.34 | $3.22B |
| ROP Roper Technologies Inc | 39.52 | $58.72B |
| BMI Badger Meter Inc | 53.58 | $6.07B |
| GTLS Chart Industries Inc | 145.29 | $6.9B |
As of Jul 26, 2024, BMI stock has a price to earnings ratio of 53.58.
The 3-year average price to earnings ratio for BMI stock is 47.91.
The 5-year average price to earnings ratio for BMI stock is 45.91.
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 28% 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 (Jul 26, 2024), Badger Meter's share price is $206.29. The company's earnings per share for the trailing twelve months (TTM) ending Jun 2024 is $3.85. Therefore, Badger Meter's PE ratio for today is 53.58. PE RATIO(53.58) = STOCK PRICE($206.29) / TTM EPS($3.85)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.