As at Jan 14, 2025, the MLI stock has a price-to-earnings ratio of 15.33. This is based on the current EPS of $5.26 and the stock price of $80.64 per share. An increase of 38% has been recorded in the PE ratio compared to the average of 11.1 of the last four quarters.
The mean historical PE ratio of Mueller Industries over the last ten years is 14.02. The current 15.33 P/E ratio is 9% higher than the historical average. In the past ten years, MLI's PE ratio peaked in the Dec 2017 quarter at 23.62, with a price of $17.72 and an EPS of $0.75. The Jun 2022 quarter marked the lowest point at 4.52, with a price of $26.69 and an EPS of $5.9.
Maximum annual increase: 85.57% in 2014
Maximum annual decrease: -49.86% in 2021
Year | PE ratio | Change |
---|---|---|
2023 | 8.72 | 74.4% |
2022 | 5 | -28.57% |
2021 | 7 | -49.86% |
2020 | 13.96 | -20% |
2019 | 17.45 | 37.19% |
2018 | 12.72 | -46.15% |
2017 | 23.62 | 4.05% |
2016 | 22.7 | 26.46% |
2015 | 17.95 | -4.42% |
2014 | 18.78 | 85.57% |
The current PE ratio of MLI is higher than its 3, 5 and 10-year historical averages.
MLI's PE ratio stands lower than its peer stock KALU, but it is higher than SPLP's.
Stock name | PE ratio | Market cap |
---|---|---|
SPLP Steel Partners Holdings Lp | 3.32 | $709.86M |
MLI Mueller Industries Inc | 15.33 | $9.17B |
KALU Kaiser Aluminum Corp | 24.67 | $1.17B |
AA Alcoa Corp | N/A | $9.53B |
TG Tredegar Corp | N/A | $267.33M |
As of Jan 14, 2025, MLI stock has a price to earnings ratio of 15.33.
The 3-year average price to earnings ratio for MLI stock is 7.73.
The 5-year average price to earnings ratio for MLI stock is 8.9.
In the last ten years, the Dec 2017 quarter recorded the highest quarterly PE ratio at 23.62.
MLI's current price to earnings ratio is 9% 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 (Jan 14, 2025), Mueller Industries's stock price is $80.64. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $5.26. Therefore, Mueller Industries's PE ratio for today is 15.33. PE RATIO(15.33) = STOCK PRICE($80.64) / TTM EPS($5.26)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.