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HY Hyster-Yale Materials Handling PE ratio, current and historical analysis

The current PE ratio for Hyster-Yale Materials Handling stock as of Jun 12, 2024 is 8.62. This is calculated based on the TTM EPS of $8.75 and the stock price of $75.43 per share. The PE ratio has decreased by 31% from its last 4 quarters average of 12.5.

HY PE ratio history

How has HY's PE ratio performed in the past

The average historical PE ratio of Hyster-Yale Materials Handling for the last ten years is 22.01. The current price-to-earnings ratio of 8.62 is 61% less than the historical average. Analyzing the last ten years, HY's PE ratio reached its highest point in the Mar 2021 quarter at 53.78, when the price was $87.12 and the EPS was $1.62. The lowest point was recorded in the Sep 2023 quarter, when it reached 7.04 with a price of $44.58 and an EPS of $6.33.

Average
22.01
Median
19.91
Minimum
7.04
Maximum
53.78

Hyster-Yale Materials Handling PE ratio by year

Maximum annual increase: 113.36% in 2016

Maximum annual decrease: -21.82% in 2014

Year PE ratio Change
2023 8.46 N/A
2022 N/A N/A
2021 N/A N/A
2020 26.95 -1.71%
2019 27.42 -7.05%
2018 29.5 2.18%
2017 28.87 18.17%
2016 24.43 113.36%
2015 11.45 3.43%
2014 11.07 -21.82%

HY average PE ratio chart

What is the average PE ratio of HY for the past years

The current PE ratio of HY is under its 3, 5 and 10-year averages.

3-year avg
19.62
5-year avg
24.48
10-year avg
22.01
15-year avg
N/A

HY PE vs peers

What is HY's PE ratio compared to its peers

When compared to its peers CMI and MNTX, HY's PE ratio is lower, but it is higher than TEX's and WNC's. Hyster-Yale Materials Handling's PE ratio is trading below the peer average of 10.66.

Stock name PE ratio Market cap
WNC WABASH NATIONAL Corp 4.93 $943.67M
TEX Terex Corp 7.18 $3.69B
HY Hyster-Yale Materials Handling Inc 8.37 $1.28B
MNTX Manitex International Inc 10.5 $98.36M
CMI Cummins Inc 19.72 $36.98B

Frequently asked questions

What is Hyster-Yale Materials Handling's PE ratio?

HY stock has a price to earnings ratio of 8.62 as of Jun 12, 2024.

What is the 3-year average PE ratio for Hyster-Yale Materials Handling (HY)?

As an average over the last 3 years, HY stock has a PE ratio of 19.62.

What is the 5-year average PE ratio for Hyster-Yale Materials Handling (HY)?

As an average over the last 5 years, HY stock has a PE ratio of 24.48.

What is the highest PE ratio for HY?

Over the last ten years, the Mar 2021 quarter recorded the highest quarterly PE ratio at 53.78.

How does the current PE ratio for HY compare to its historical average?

The current PE ratio of HY is 61% lower than the 10-year historical average.

Why is Hyster-Yale Materials Handling's PE ratio so low?

HY's PE ratio is low because the stock price is relatively cheap compared to the earnings generated by the company.

How is HY's PE ratio calculated (Hyster-Yale Materials Handling 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 12, 2024), Hyster-Yale Materials Handling's share price is $75.43. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $8.75. Therefore, Hyster-Yale Materials Handling's price to earnings ratio for today is 8.62. PE RATIO(8.62) = STOCK PRICE($75.43) / TTM EPS($8.75)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.