BMI
Badger Meter
PE ratio, current and historical analysis
- Stocks
- Technology
- NYSE: BMI
- PE Ratio
As of Jun 22, 2026, the Badger Meter stock's PE ratio is 30.23. This takes into account the latest EPS of $4.46 and stock price of $134.82. The PE ratio marks a decrease of 25% from its last 4 quarters average of 40.2.
BMI PE ratio history
The PE ratio of Badger Meter has averaged 44.22 over the last ten years. The current P/E ratio of 30.23 is 32% lower 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 2016 quarter, when it reached 30.46 with a price of $33.51 and an EPS of $1.1.
Badger Meter PE ratio by year
Maximum annual increase: 38.92% in 2020
Maximum annual decrease: -27.33% in 2025
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2025 | 36.18 | -27.33% | $174.41 | $4.82 |
| 2024 | 49.79 | 1.92% | $212.12 | $4.26 |
| 2023 | 48.85 | 2.15% | $154.37 | $3.16 |
| 2022 | 47.82 | -6.22% | $109.03 | $2.28 |
| 2021 | 50.99 | -7.84% | $106.56 | $2.09 |
| 2020 | 55.33 | 38.92% | $94.06 | $1.7 |
| 2019 | 39.83 | -22.3% | $64.93 | $1.63 |
| 2018 | 51.26 | 28.7% | $49.21 | $0.96 |
| 2017 | 39.83 | 20.73% | $47.8 | $1.2 |
| 2016 | 32.99 | 1.35% | $36.95 | $1.12 |
| 2015 | 32.55 | 14.09% | $29.3 | $0.9 |
| 2014 | 28.53 | -11.01% | $29.68 | $1.04 |
| 2013 | 32.06 | 32.53% | $27.25 | $0.85 |
| 2012 | 24.19 | 5.22% | $23.71 | $0.98 |
| 2011 | 22.99 | -0.17% | $14.72 | $0.64 |
Badger Meter PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Mar 2026 | 34.16 | -5.58% | $152.35 | $4.46 |
| Dec 2025 | 36.18 | -4.16% | $174.41 | $4.82 |
| Sep 2025 | 37.75 | -28.64% | $178.58 | $4.73 |
| Jun 2025 | 52.9 | 27.35% | $244.95 | $4.63 |
| Mar 2025 | 41.54 | -16.57% | $190.25 | $4.58 |
| Dec 2024 | 49.79 | -7.68% | $212.12 | $4.26 |
| Sep 2024 | 53.93 | 11.43% | $218.41 | $4.05 |
| Jun 2024 | 48.4 | 4.4% | $186.35 | $3.85 |
| Mar 2024 | 46.36 | -5.1% | $161.81 | $3.49 |
| Dec 2023 | 48.85 | -0.85% | $154.37 | $3.16 |
| Sep 2023 | 49.27 | -11.84% | $143.87 | $2.92 |
| Jun 2023 | 55.89 | 11.94% | $147.56 | $2.64 |
| Mar 2023 | 49.93 | 4.41% | $121.82 | $2.44 |
| Dec 2022 | 47.82 | 16.98% | $109.03 | $2.28 |
| Sep 2022 | 40.88 | 10.67% | $92.39 | $2.26 |
BMI Price vs fair value
BMI 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.
BMI's current PE ratio is lower than its 3, 5 and 10-year averages.
PE comparison
Badger Meter's price to earnings (P/E) of 30.23 is higher than its peers average but lower than the Technology sector and the industry average. In comparison with the Technology sector average of 36.79, Badger Meter's price to earnings (P/E) is 18% lower.
BMI PE vs peers
In comparison to its peers EMR and IEX, BMI's PE ratio is lower, but it is higher than ROP's and MWA's. Badger Meter's current PE ratio of 30.23 is higher than the average of its peers, which is 24.05.
| Stock name | PE ratio | Market cap |
|---|---|---|
| ITRI Itron Inc | 12.67 | $3.58B |
| MWA Mueller Water Products Inc | 19.33 | $4.05B |
| ROP Roper Technologies Inc | 20.43 | $33.17B |
| BMI Badger Meter Inc | 29.85 | $3.89B |
| IEX Idex Corp | 32.97 | $16.5B |
| EMR Emerson Electric Co | 33.08 | $80.58B |
| GTLS Chart Industries Inc | N/A | $10B |
Frequently asked questions
What is Badger Meter's PE ratio?
As of Jun 22, 2026, BMI stock has a price to earnings ratio of 30.23.
What is the 3-year average PE ratio for Badger Meter (BMI)?
The 3-year average price to earnings ratio for BMI stock is 46.25.
What is the 5-year average PE ratio for Badger Meter (BMI)?
The 5-year average price to earnings ratio for BMI stock is 46.63.
What is the highest PE ratio for BMI?
Over the last ten years, the quarterly PE ratio reached its highest level at 63.8 in the Sep 2018 quarter.
How does the current PE ratio for BMI compare to its historical average?
BMI's price to earnings ratio is currently 32% below its 10-year historical average.
How is BMI's PE ratio calculated (Badger Meter PE ratio formula)?
The P/E ratio is obtained by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Jun 22, 2026), Badger Meter's share price is $134.82. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2026 is $4.46. Therefore, Badger Meter's PE ratio for today is 30.23. PE RATIO(30.23) = STOCK PRICE($134.82) / TTM EPS($4.46)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.