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MED Medifast PE ratio, current and historical analysis

The current PE ratio for Medifast stock as of Jun 18, 2024 is 3.16. This is calculated based on the TTM EPS of $6.21 and the stock price of $19.61 per share. The PE ratio has decreased by 55% from its last 4 quarters average of 7.0.

MED PE ratio history

How has MED's PE ratio performed in the past

The average historical PE ratio of Medifast for the last ten years is 21.03. The current price-to-earnings ratio of 3.16 is 85% less than the historical average. Analyzing the last ten years, MED's PE ratio reached its highest point in the Sep 2018 quarter at 56.09, when the price was $221.55 and the EPS was $3.95. The lowest point was recorded in the Mar 2024 quarter, when it reached 6.17 with a price of $38.32 and an EPS of $6.21.

Average
21.03
Median
20.46
Minimum
6.17
Maximum
56.09

Medifast PE ratio by year

Maximum annual increase: 114.78% in 2014

Maximum annual decrease: -43.96% in 2015

Year PE ratio Change
2023 7.36 -18.22%
2022 9 -39.8%
2021 14.95 -33.44%
2020 22.46 35.71%
2019 16.55 -38.18%
2018 26.77 -11.03%
2017 30.09 9.14%
2016 27.57 52.49%
2015 18.08 -43.96%
2014 32.26 114.78%

MED average PE ratio chart

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

Currently, MED's PE ratio is under its 3, 5 and 10-year averages.

3-year avg
10.82
5-year avg
13.9
10-year avg
21.03
15-year avg
20.61

MED PE vs peers

What is MED's PE ratio compared to its peers

MED's PE ratio is below its peer stock WTW.

Stock name PE ratio Market cap
MED Medifast Inc 3.16 $214.48M
WTW Willis Towers Watson Plc 25.68 $26.12B
ABEO Abeona Therapeutics Inc N/A $186.98M

Frequently asked questions

What is Medifast's PE ratio?

As of Jun 18, 2024, MED stock has a price to earnings ratio of 3.16.

What is the 3-year average PE ratio for Medifast (MED)?

Over the last 3 years, the average PE ratio for MED stock is 10.82.

What is the 5-year average PE ratio for Medifast (MED)?

Over the last 5 years, the average PE ratio for MED stock is 13.9.

What is the highest PE ratio for MED?

Over the last ten years, the quarterly PE ratio reached its highest level at 56.09 in the Sep 2018 quarter.

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

The current PE ratio of MED is 85% lower than the 10-year historical average.

Why is Medifast's PE ratio so low?

MED's stock price is trading at a lower multiple of earnings, which is why its PE ratio of 3.16 is considered low.

How is MED's PE ratio calculated (Medifast PE ratio formula)?

You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months earnings per share(EPS). As of today (Jun 18, 2024), Medifast's share price is $19.61. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $6.21. Therefore, Medifast's price to earnings ratio for today is 3.16. PE RATIO(3.16) = STOCK PRICE($19.61) / TTM EPS($6.21)

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