The current PE ratio for Hyster-Yale Materials Handling stock as of Oct 3, 2024 is 6.15. This is calculated based on the TTM EPS of $10.14 and the stock price of $62.34 per share. The PE ratio has decreased by 17% 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 22.13. The current price-to-earnings ratio of 6.15 is 72% 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 peers CMI and TEX, HY's PE ratio is lower, but it is higher than WNC's. Hyster-Yale Materials Handling's PE ratio is trading below the peer average of 11.75.
Stock name | PE ratio | Market cap |
---|---|---|
WNC WABASH NATIONAL Corp | 5.48 | $803.43M |
HY Hyster-Yale Materials Handling Inc | 6.15 | $1.09B |
TEX Terex Corp | 6.91 | $3.4B |
MNTX Manitex International Inc | 11.1 | $115.45M |
CMI Cummins Inc | 23.5 | $44.86B |
HY stock has a price to earnings ratio of 6.15 as of Oct 3, 2024.
As an average over the last 3 years, HY stock has a PE ratio of 11.39.
As an average over the last 5 years, HY stock has a PE ratio of 22.38.
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 72% 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 (Oct 3, 2024), Hyster-Yale Materials Handling's share price is $62.34. The company's earnings per share for the trailing twelve months (TTM) ending Jun 2024 is $10.14. Therefore, Hyster-Yale Materials Handling's price to earnings ratio for today is 6.15. PE RATIO(6.15) = STOCK PRICE($62.34) / TTM EPS($10.14)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.