The current PE ratio for Hyster-Yale Materials Handling stock as of Dec 20, 2024 is 5.58. This is calculated based on the TTM EPS of $9.04 and the stock price of $50.46 per share. The PE ratio has decreased by 25% from its last 4 quarters average of 7.4.
The average historical PE ratio of Hyster-Yale Materials Handling for the last ten years is 21.67. The current price-to-earnings ratio of 5.58 is 74% 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 Jun 2024 quarter, when it reached 6.88 with a price of $69.73 and an EPS of $10.14.
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% |
The current PE ratio of HY is under its 3, 5 and 10-year averages.
When compared to its peer stocks CMI and TEX, HY's PE ratio is lower.
Stock name | PE ratio | Market cap |
---|---|---|
HY Hyster-Yale Materials Handling Inc | 5.58 | $883.46M |
TEX Terex Corp | 6.52 | $3.01B |
MNTX Manitex International Inc | 12.71 | $116.67M |
CMI Cummins Inc | 23.12 | $48.2B |
WNC WABASH NATIONAL Corp | N/A | $737.16M |
HY stock has a price to earnings ratio of 5.58 as of Dec 20, 2024.
As an average over the last 3 years, HY stock has a PE ratio of 10.67.
As an average over the last 5 years, HY stock has a PE ratio of 21.2.
Over the last ten years, the Mar 2021 quarter recorded the highest quarterly PE ratio at 53.78.
The current PE ratio of HY is 74% lower than the 10-year historical average.
HY's PE ratio is low because the stock price is relatively cheap compared to the earnings generated by the company.
The P/E ratio is calculated by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Dec 20, 2024), Hyster-Yale Materials Handling's share price is $50.46. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $9.04. Therefore, Hyster-Yale Materials Handling's price to earnings ratio for today is 5.58. PE RATIO(5.58) = STOCK PRICE($50.46) / TTM EPS($9.04)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.