MLR Miller Industries PE ratio, current and historical analysis
The current PE ratio for Miller Industries stock as of Nov 21, 2024 is 11.04. This is calculated based on the current EPS of $6.09 and the stock price of $67.25 per share. The PE ratio has grown by 23% from the past four quarters average of 8.9.
MLR PE ratio history
The average historical PE ratio of Miller Industries for the last ten years is 13.34. The current P/E ratio of 11.04 is 17% lower than the historical average. In the past ten years, MLR's PE ratio peaked in the Dec 2021 quarter at 23.52, when the stock price was $33.4 and the EPS was $1.42. The lowest point was in the Dec 2023 quarter, when it reached 8.29 with a price of $42.29 and an EPS of $5.1.
Miller Industries PE ratio by year
Maximum annual increase: 62.1% in 2021
Maximum annual decrease: -44.66% in 2023
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 8.29 | -44.66% |
| 2022 | 14.98 | -36.31% |
| 2021 | 23.52 | 62.1% |
| 2020 | 14.51 | 33.98% |
| 2019 | 10.83 | 18.75% |
| 2018 | 9.12 | -28.58% |
| 2017 | 12.77 | -15.04% |
| 2016 | 15.03 | -2.72% |
| 2015 | 15.45 | -1.9% |
| 2014 | 15.75 | -30.68% |
MLR average PE ratio chart
MLR's current P/E ratio is lower than the 3, 5 and 10-year averages.
MLR PE vs peers
In comparison to its peer AXL, MLR's PE ratio is lower, but it is higher than OSK's.
| Stock name | PE ratio | Market cap |
|---|---|---|
| OSK Oshkosh Corp | 10.54 | $7.11B |
| MLR Miller Industries Inc | 11.04 | $769.29M |
| AXL American Axle & Manufacturing Holdings Inc | 27.74 | $750.17M |
| SRI Stoneridge Inc | N/A | $177.48M |
| SUP Superior Industries International Inc | N/A | $70.19M |
Frequently asked questions
What is Miller Industries's PE ratio?
MLR's price to earnings ratio is 11.04 as of Nov 21, 2024.
What is the 3-year average PE ratio for Miller Industries (MLR)?
The average PE ratio for MLR stock over the past 3 years is 14.02.
What is the 5-year average PE ratio for Miller Industries (MLR)?
The average PE ratio for MLR stock over the past 5 years is 13.78.
What is the highest PE ratio for MLR?
In the last ten years, the Dec 2021 quarter recorded the highest quarterly PE ratio at 23.52.
How does the current PE ratio for MLR compare to its historical average?
The current price to earnings ratio of MLR is 17% lower than the 10-year historical average.
How is MLR's PE ratio calculated (Miller Industries 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), Miller Industries's stock price is $67.25. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $6.09. Therefore, Miller Industries's PE ratio for today is 11.04. PE RATIO(11.04) = STOCK PRICE($67.25) / TTM EPS($6.09)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.