The current PE ratio for Macy's stock as of Apr 26, 2024 is 48.5. This is calculated based on the TTM EPS of $0.38 and the stock price of $18.43 per share. The current PE ratio is about the same compared to the last four quarters average.
The average historical PE ratio of Macy's for the last ten years is 10.66. The current P/E ratio of 48.5 is similar to the historical average. Looking back at the last ten years, M's PE ratio peaked in the Feb 2024 quarter at 49.03, when the price was $18.63 and the EPS was $0.38. 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 higher than its 3, 5 and 10-year averages.
M's PE ratio stands higher than its peer stocks TJX and TGT. Macy's is currently trading at a higher PE ratio (48.5) than its peers average of 16.94.
| Stock name | PE ratio | Market cap |
|---|---|---|
| KSS KOHLS Corp | 8.52 | $2.72B |
| DDS Dillard'S Inc | 10.04 | $7.29B |
| TGT Target Corp | 18.39 | $76.06B |
| JWN Nordstrom Inc | 23.05 | $3.12B |
| TJX Tjx Companies Inc | 24.71 | $109.17B |
| M Macy's Inc | 48.5 | $5.05B |
The price to earnings ratio for M stock is 48.5 as of Apr 26, 2024.
Over the last 3 years, the average price to earnings ratio for M stock is 9.71.
Over the last 5 years, the average price to earnings ratio for M stock is 8.9.
The highest quarterly PE ratio in the last ten years has been 49.03 and it was in the Feb 2024 quarter.
The current PE ratio of M is 355% higher 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 (Apr 26, 2024), Macy's share price is $18.43. The company's earnings per share for the trailing twelve months (TTM) ending Feb 2024 is $0.38. Therefore, Macy's PE ratio for today is 48.5. PE RATIO(48.5) = STOCK PRICE($18.43) / TTM EPS($0.38)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.