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MKC Mccormick PE ratio, current and historical analysis

As of Jun 14, 2024, the Mccormick stock's PE ratio is 25.68. This takes into account the latest EPS of $2.64 and stock price of $67.79. The PE ratio marks a decrease of 13% from its last 4 quarters average of 29.6.

MKC PE ratio history

How has MKC's PE ratio performed in the past

The PE ratio of Mccormick has averaged 27.81 over the last ten years. The current P/E ratio of 25.68 is 8% lower than the historical average. Looking back at the last ten years, MKC's PE ratio peaked in the May 2022 quarter at 36.36, when the price was $92.72 and the EPS was $2.55. The lowest point was in the May 2018 quarter, when it reached 15.78 with a price of $50.5 and an EPS of $3.2.

Average
27.81
Median
27.86
Minimum
15.78
Maximum
36.36

Mccormick PE ratio by year

Maximum annual increase: 51.11% in 2019

Maximum annual decrease: -23.91% in 2023

Year PE ratio Change
2023 25.52 -23.91%
2022 33.54 10.58%
2021 30.33 -9.16%
2020 33.39 4.57%
2019 31.93 51.11%
2018 21.13 -21.83%
2017 27.03 10.82%
2016 24.39 -10.86%
2015 27.36 24.42%
2014 21.99 -6.31%

MKC average PE ratio chart

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

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

3-year avg
31.41
5-year avg
31.43
10-year avg
27.81
15-year avg
24.76

MKC PE vs peers

What is MKC's PE ratio compared to its peers

In comparison to its peer THS, MKC's PE ratio is lower, but it is higher than PEP's and CAG's.

Stock name PE ratio Market cap
CAG Conagra Brands Inc 14.24 $13.55B
PEP Pepsico Inc 24.52 $225.2B
MKC Mccormick & Co Inc 25.68 $18.2B
THS TreeHouse Foods Inc 76.7 $1.86B
HAIN Hain Celestial Group Inc N/A $620.82M
TSN Tyson Foods Inc N/A $19.21B

Frequently asked questions

What is Mccormick's PE ratio?

The price to earnings ratio for MKC stock as of Jun 14, 2024, stands at 25.68.

What is the 3-year average PE ratio for Mccormick (MKC)?

Over the last 3 years, the average price to earnings ratio for MKC stock is 31.41.

What is the 5-year average PE ratio for Mccormick (MKC)?

Over the last 5 years, the average price to earnings ratio for MKC stock is 31.43.

What is the highest PE ratio for MKC?

The highest quarterly PE ratio in the last ten years has been 36.36 and it was in the May 2022 quarter.

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

MKC's price to earnings ratio is currently 8% below its 10-year historical average.

How is MKC's PE ratio calculated (Mccormick PE ratio formula)?

The P/E ratio is calculated by taking the latest stock price and dividing it by the EPS for the last 12 months. As of today (Jun 14, 2024), Mccormick's share price is $67.79. The company's earnings per share for the trailing twelve months (TTM) ending Feb 2024 is $2.64. Therefore, Mccormick's PE ratio for today is 25.68. PE RATIO(25.68) = STOCK PRICE($67.79) / TTM EPS($2.64)

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