As of Sep 12, 2026, M's PE to growth ratio of 0.14 reflects its valuation relative to its growth. This value reflects a P/E ratio of 7.91 measured against EPS growth of 55.0%. When compared to the trailing four-quarter average of 0.3, M's PEG ratio shows a 54% decrease.
Macy`s's nine years historical PEG ratio has a mean of 0.16. Compared to historical data, M's 0.14 PEG ratio represents a decrease of 13%. M reached its maximum PEG ratio of 1.15 during the Oct 2017 quarter over the past nine years. The May 2025 quarter had the bottom reading at 0, indicating the most optimal growth-adjusted valuation.
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| 2026 | 0.66 | 8.45 | 12.9% |
| 2025 | 0.01 | 7.42 | 1,212.5% |
| 2024 | N/A | 116.44 | -96.2% |
| 2023 | N/A | 5.53 | -10.5% |
| 2022 | 0.04 | 5.46 | 136.8% |
| 2021 | N/A | N/A | -796.7% |
| 2020 | N/A | 8.76 | -49.4% |
| 2019 | N/A | 7.15 | -29.8% |
| 2018 | 0.03 | 4.85 | 152.7% |
| 2017 | N/A | 14.34 | -37.7% |
| 2016 | N/A | 12.4 | -24.2% |
| 2015 | 1.58 | 14.86 | 9.4% |
| 2014 | 0.69 | 13.54 | 19.5% |
| 2013 | 1.08 | 12.01 | 11.1% |
| 2012 | 0.24 | 11.43 | 48% |
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| Aug 2026 | 0.16 | 8.9 | 55% |
| May 2026 | 0.36 | 7.97 | 22.3% |
| Jan 2026 | 0.66 | 8.45 | 12.9% |
| Nov 2025 | 0.03 | 11.2 | 346.2% |
| Aug 2025 | 0.02 | 6.87 | 309.1% |
| May 2025 | 0 | 5.92 | 1,222.2% |
| Feb 2025 | 0.01 | 7.42 | 1,212.5% |
| Nov 2024 | N/A | 39.15 | -83.6% |
| Aug 2024 | N/A | 36.2 | -83.3% |
| May 2024 | N/A | N/A | -104.8% |
| Feb 2024 | N/A | 116.44 | -96.2% |
| Oct 2023 | N/A | 4.91 | -51.1% |
| Jul 2023 | N/A | 6.19 | -49.9% |
| Apr 2023 | N/A | 4.39 | -30.5% |
| Jan 2023 | N/A | 5.53 | -10.5% |
Measured against past performance, M's PEG ratio sits above its 5-year average, yet it is lower than the 3 and 10-year averages.
With a PEG of 0.14, M stands below the Consumer Cyclical sector and its peers average. Looking at its Consumer Cyclical sector average of 0.51, Macy`s's PEG is 73% lower.
Relative to its peer stocks TJX and TGT, M's PEG ratio is lower. Macy`s's PEG ratio of 0.14 is below the peer average of 0.82.
M shows a PEG ratio of 0.14, per Sep 12, 2026 data.
M has a 3-year average PEG ratio of 0.18.
M has a 5-year average PEG ratio of 0.12.
The Oct 2017 quarter marked the nine years high at 1.15 for M's PEG ratio.
Currently, M's PEG ratio is 13% lower than its 9-year historical average.
Strong earnings growth relative to valuation produces M's low PEG ratio of 0.14.
The PEG ratio comes from taking PE and dividing by the rate at which earnings are growing (YoY TTM). As of Sep 12, 2026, Macy`s has a P/E ratio of 7.91. Earnings grew at 55.0% over the TTM period ending Aug 2026. Applying the formula, this gives a price to earnings growth ratio of 0.14. PEG RATIO(0.14) = PE RATIO(7.91) / EPS GROWTH(55.0%)
All PEG ratio stats are based on quarterly TTM periods, unless otherwise specified.