The current PE ratio for Macy's stock as of Oct 3, 2024 is 23.29. This is calculated based on the TTM EPS of $0.66 and the stock price of $15.37 per share. The PE ratio marks a decrease of 84% from its last 4 quarters average of 141.5.
The average historical PE ratio of Macy's for the last ten years is 24.47. The current P/E ratio of 23.29 is 4.8% lower than the historical average. Looking back at the last ten years, M's PE ratio peaked in the May 2024 quarter at 488, when the price was $19.52 and the EPS was $0.04. The lowest point was in the Jul 2022 quarter, when it reached 3.36 with a price of $17.65 and an EPS of $5.25.
Maximum annual increase: 809.65% in 2024
Maximum annual decrease: -66.18% in 2018
Year | PE ratio | Change |
---|---|---|
2024 | 49.03 | 809.65% |
2023 | 5.39 | -1.28% |
2022 | 5.46 | N/A |
2021 | N/A | N/A |
2020 | 8.76 | 22.52% |
2019 | 7.15 | 47.42% |
2018 | 4.85 | -66.18% |
2017 | 14.34 | 15.65% |
2016 | 12.4 | -16.55% |
2015 | 14.86 | 9.75% |
The current PE ratio of M is lower than its 3, 5 and 10-year averages.
M's PE ratio stands lower than its peer stock TJX, but it is higher than TGT's and DDS's. Macy's is currently trading at a higher PE ratio (23.29) than its peers average of 14.36.
Stock name | PE ratio | Market cap |
---|---|---|
KSS KOHLS Corp | 7.54 | $2.16B |
DDS Dillard'S Inc | 8.96 | $5.87B |
JWN Nordstrom Inc | 12.34 | $3.53B |
TGT Target Corp | 15.41 | $68.92B |
M Macy's Inc | 23.29 | $4.26B |
TJX Tjx Companies Inc | 27.53 | $129.77B |
The price to earnings ratio for M stock is 23.29 as of Oct 3, 2024.
Over the last 3 years, the average price to earnings ratio for M stock is 50.73.
Over the last 5 years, the average price to earnings ratio for M stock is 42.18.
The highest quarterly PE ratio in the last ten years has been 488 and it was in the May 2024 quarter.
The current PE ratio of M is 4.8% lower than the 10-year historical average.
You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (Oct 3, 2024), Macy's share price is $15.37. The company's earnings per share for the trailing twelve months (TTM) ending Aug 2024 is $0.66. Therefore, Macy's PE ratio for today is 23.29. PE RATIO(23.29) = STOCK PRICE($15.37) / TTM EPS($0.66)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.