As of Jun 22, 2026, M's PE to growth ratio of 0.45 reflects its valuation relative to its growth. This value reflects a P/E ratio of 9.98 measured against EPS growth of 22.3%. When compared to the trailing four-quarter average of 0.27, M's PEG ratio shows a 68% increase.
Macy's nine years historical PEG ratio has a mean of 0.16. Compared to historical data, M's 0.45 PEG ratio represents an increase of 181%. 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 |
|---|---|---|---|
| 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% |
| Oct 2022 | 0.06 | 4.31 | 77.7% |
Measured against past performance, M's PEG ratio sits above its 3, 5 and 10-year averages.
With a PEG of 0.45, M stands below the Consumer Cyclical sector average. Looking at its Consumer Cyclical sector average of 0.72, Macy's PEG is 38% lower.
Relative to its peers, M's PEG ratio is lower than TJX's and DDS's but above KSS's.
| Stock name | PEG ratio | Market cap |
|---|---|---|
| KSS KOHLS Corp | 0.06 | $2B |
| M Macy's Inc | 0.43 | $6.27B |
| DDS Dillard'S Inc | 0.82 | $8.87B |
| TJX Tjx Companies Inc | 1.5 | $182.22B |
| TGT Target Corp | N/A | $60.76B |
M shows a PEG ratio of 0.45, per Jun 22, 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 181% higher than its 9-year historical average.
Strong earnings growth relative to valuation produces M's low PEG ratio of 0.45.
The PEG ratio comes from taking PE and dividing by the rate at which earnings are growing (YoY TTM). As of Jun 22, 2026, Macy's has a P/E ratio of 9.98. Earnings grew at 22.3% over the TTM period ending May 2026. Applying the formula, this gives a price to earnings growth ratio of 0.45. PEG RATIO(0.45) = PE RATIO(9.98) / EPS GROWTH(22.3%)
All PEG ratio stats are based on quarterly TTM periods, unless otherwise specified.