Back to M overview
#
M Macy's
PE ratio, current and historical analysis

## M PE ratio history

### Macy's PE ratio by year

## M average PE ratio chart

## M PE vs peers

## Frequently asked questions

###
What is Macy's PE ratio?

###
What is the 3-year average PE ratio for Macy's (M)?

###
What is the 5-year average PE ratio for Macy's (M)?

###
What is the highest PE ratio for M?

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

###
Why is Macy's PE ratio so high?

###
How is M's PE ratio calculated (Macy's PE ratio formula)?

The current PE ratio for Macy's stock as of Jun 14, 2024 is 459.0. This is calculated based on the TTM EPS of $0.04 and the stock price of $18.36 per share. The current PE ratio is about the same compared to the last four quarters average.

How has M's PE ratio performed in the past

The average historical PE ratio of Macy's for the last ten years is 24.19. The current P/E ratio of 459.0 is similar to 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.

Average

24.19

Median

8.76

Minimum

3.36

Maximum

488

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% |

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

The current PE ratio of M is higher than its 3, 5 and 10-year averages.

3-year avg

49.57

5-year avg

41

10-year avg

24.19

15-year avg

20.63

What is M's PE ratio compared to its peers

M's PE ratio stands higher than its peer stocks TJX and TGT. Macy's current PE ratio of 459.0 is similar to the average of its peers, which is 14.38.

Stock name | PE ratio | Market cap |
---|---|---|

KSS KOHLS Corp | 8.6 | $2.4B |

DDS Dillard'S Inc | 9.45 | $6.74B |

JWN Nordstrom Inc | 11.38 | $3.44B |

TGT Target Corp | 15.79 | $65.31B |

TJX Tjx Companies Inc | 26.66 | $122.62B |

M Macy's Inc | 459 | $5.07B |

The price to earnings ratio for M stock is 459 as of Jun 14, 2024.

Over the last 3 years, the average price to earnings ratio for M stock is 49.57.

Over the last 5 years, the average price to earnings ratio for M stock is 41.0.

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 1,797% higher than the 10-year historical average.

M's stock price is trading at a higher multiple of earnings, which is why its PE ratio of 459 is considered high.

You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (Jun 14, 2024), Macy's share price is $18.36. The company's earnings per share for the trailing twelve months (TTM) ending May 2024 is $0.04. Therefore, Macy's PE ratio for today is 459. `PE RATIO(459) = STOCK PRICE($18.36) / TTM EPS($0.04)`

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