As of Jul 25, 2024, the Matson stock's PE ratio is 14.91. This takes into account the latest EPS of $8.58 and stock price of $127.9. The PE ratio marks an increase of 42% from its last 4 quarters average of 10.5.
The PE ratio of Matson has averaged 12.5 over the last ten years. The current P/E ratio of 14.91 is 19% higher than the historical average. Looking back at the last ten years, MATX's PE ratio peaked in the Jun 2015 quarter at 21.45, when the price was $42.04 and the EPS was $1.96. The lowest point was in the Sep 2022 quarter, when it reached 1.8 with a price of $61.52 and an EPS of $34.14.
Maximum annual increase: 468.56% in 2023
Maximum annual decrease: -70.35% in 2017
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 13.02 | 468.56% |
| 2022 | 2.29 | -44.82% |
| 2021 | 4.15 | -67.37% |
| 2020 | 12.72 | -39.83% |
| 2019 | 21.14 | 68.31% |
| 2018 | 12.56 | 126.31% |
| 2017 | 5.55 | -70.35% |
| 2016 | 18.72 | 4.06% |
| 2015 | 17.99 | -14.01% |
| 2014 | 20.92 | 0.97% |
Currently, MATX's PE ratio is higher than its 3, 5 and 10-year averages.
MATX's PE ratio stands higher than its peer stocks TNK and ASC.
| Stock name | PE ratio | Market cap |
|---|---|---|
| TNK Teekay Tankers Ltd | 4.38 | $2.14B |
| GASS StealthGas Inc | 4.55 | $228.63M |
| ASC Ardmore Shipping Corp | 7.81 | $849.36M |
| MATX Matson Inc | 15.19 | $4.45B |
The price to earnings ratio for MATX stock as of Jul 25, 2024, stands at 14.91.
The 3-year average price to earnings ratio for MATX stock is 5.94.
The 5-year average price to earnings ratio for MATX stock is 9.52.
The highest quarterly PE ratio in the last ten years has been 21.45 and it was in the Jun 2015 quarter.
MATX's price to earnings ratio is currently 19% above its 10-year historical average.
The P/E ratio is obtained by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Jul 25, 2024), Matson's share price is $127.9. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $8.58. Therefore, Matson's PE ratio for today is 14.91. PE RATIO(14.91) = STOCK PRICE($127.9) / TTM EPS($8.58)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.