MKC Mccormick PE ratio, current and historical analysis
As of Nov 21, 2024, the Mccormick stock's PE ratio is 26.33. This takes into account the latest EPS of $2.96 and stock price of $77.95. The PE ratio at present is nearly equal to the average from the previous 4 quarters.
MKC PE ratio history
The PE ratio of Mccormick has averaged 27.91 over the last ten years. The current P/E ratio of 26.33 is 6% 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.
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
The current PE ratio of MKC is lower than its 3, 5 and 10-year averages.
MKC PE vs peers
In comparison to its peers TSN and CAG, MKC's PE ratio is lower, but it is higher than PEP's.
| Stock name | PE ratio | Market cap |
|---|---|---|
| PEP Pepsico Inc | 23.54 | $219.98B |
| MKC Mccormick & Co Inc | 26.33 | $20.92B |
| CAG Conagra Brands Inc | 26.38 | $12.97B |
| TSN Tyson Foods Inc | 27.61 | $22.69B |
| THS TreeHouse Foods Inc | N/A | $1.81B |
| HAIN Hain Celestial Group Inc | N/A | $726.06M |
Frequently asked questions
What is Mccormick's PE ratio?
The price to earnings ratio for MKC stock as of Nov 21, 2024, stands at 26.33.
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 30.7.
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 31.0.
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 6% 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 (Nov 21, 2024), Mccormick's share price is $77.95. The company's earnings per share for the trailing twelve months (TTM) ending Aug 2024 is $2.96. Therefore, Mccormick's PE ratio for today is 26.33. PE RATIO(26.33) = STOCK PRICE($77.95) / TTM EPS($2.96)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.