MLR
Miller Industries
PE ratio, current and historical analysis
- Stocks
- Consumer Cyclical
- NYSE: MLR
- PE Ratio
The current PE ratio for Miller Industries stock as of Aug 21, 2026 is 45.4. This is calculated based on the current EPS of $1.26 and the stock price of $57.2 per share. The PE ratio has grown by 68% from the past four quarters average of 27.0.
MLR PE ratio history
The average historical PE ratio of Miller Industries for the last ten years is 14.31. The current P/E ratio of 45.4 is 217% higher than the historical average. In the past ten years, MLR's PE ratio peaked in the Jun 2026 quarter at 40.6, when the stock price was $51.15 and the EPS was $1.26. 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: 134.26% in 2012
Maximum annual decrease: -44.66% in 2023
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2025 | 18.59 | 57.81% | $37.37 | $2.01 |
| 2024 | 11.78 | 42.1% | $65.36 | $5.55 |
| 2023 | 8.29 | -44.66% | $42.29 | $5.1 |
| 2022 | 14.98 | -36.31% | $26.66 | $1.78 |
| 2021 | 23.52 | 62.1% | $33.4 | $1.42 |
| 2020 | 14.51 | 33.98% | $38.02 | $2.62 |
| 2019 | 10.83 | 18.75% | $37.13 | $3.43 |
| 2018 | 9.12 | -28.58% | $27 | $2.96 |
| 2017 | 12.77 | -15.04% | $25.8 | $2.02 |
| 2016 | 15.03 | -2.72% | $26.45 | $1.76 |
| 2015 | 15.45 | -1.9% | $21.78 | $1.41 |
| 2014 | 15.75 | -30.68% | $20.79 | $1.32 |
| 2013 | 22.72 | 22.15% | $18.63 | $0.82 |
| 2012 | 18.6 | 134.26% | $15.25 | $0.82 |
| 2011 | 7.94 | -44.2% | $15.73 | $1.98 |
Miller Industries PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Jun 2026 | 40.6 | 21.23% | $51.15 | $1.26 |
| Mar 2026 | 33.49 | 80.15% | $45.55 | $1.36 |
| Dec 2025 | 18.59 | 21.42% | $37.37 | $2.01 |
| Sep 2025 | 15.31 | 28.12% | $40.42 | $2.64 |
| Jun 2025 | 11.95 | 34.57% | $44.46 | $3.72 |
| Mar 2025 | 8.88 | -24.62% | $42.37 | $4.77 |
| Dec 2024 | 11.78 | 17.56% | $65.36 | $5.55 |
| Sep 2024 | 10.02 | 14.12% | $61 | $6.09 |
| Jun 2024 | 8.78 | 1.27% | $55.02 | $6.27 |
| Mar 2024 | 8.67 | 4.58% | $50.1 | $5.78 |
| Dec 2023 | 8.29 | -5.9% | $42.29 | $5.1 |
| Sep 2023 | 8.81 | -16.02% | $39.21 | $4.45 |
| Jun 2023 | 10.49 | -28.49% | $35.47 | $3.38 |
| Mar 2023 | 14.67 | -2.07% | $35.35 | $2.41 |
| Dec 2022 | 14.98 | -15.56% | $26.66 | $1.78 |
MLR Price vs fair value
MLR average PE ratio chart
What this chart measures
The Historical Valuation Regime chart shows where the stock's current valuation sits relative to its own historical valuation range over the selected lookback period.
This is a history-relative tool, not a market-relative percentile. It does not compare the stock to other companies. Instead, it compares each historical valuation reading to the stock's own past readings.
Percentile logic
The threshold lines are calculated them from the stock's real historical values using percentile interpolation. That is why some colored bands are narrow while others are wide: the band widths reflect how the stock actually traded through time.
Regime map
| Historical percentile | Regime | Chart meaning |
|---|---|---|
| 0-10 | Historically Low | Deep cheap zone |
| >10-25 | Below Average | Cheap relative to history |
| >25-75 | Average | Within the normal historical range |
| >75-90 | Above Average | Expensive relative to history |
| >90-100 | Historically High | Extreme or stretched valuation |
How to read each part
| Chart element | What it tells you |
|---|---|
| Main line | The actual historical valuation values over time for the selected metric. |
| Dashed horizontal lines | The stock's computed P10, P25, Median, P75, and P90 thresholds for the selected period. |
| Colored bands | The historical valuation zones between those thresholds. |
| Metric boxes | Current ratio, historical median, current percentile, and current regime. |
| Timeline strip | A condensed regime history showing how the stock moved between cheap, fair, and expensive states across each observation. |
Important metric definitions
Current Percentile is the percentile rank of the latest valid historical observation within the selected lookback range.
Current Regime is assigned directly from the latest observation's percentile bucket using the fixed 10 / 25 / 75 / 90 cutoffs shown above.
How to use it well
This chart is most useful for answering a narrow question: Is this stock trading high, low, or normal relative to its own history? It works best alongside growth, profitability, and forward-looking business analysis, because a stock can deserve a higher or lower regime if its business quality has changed.
MLR's current P/E ratio is above the 3, 5 and 10-year averages.
PE comparison
Miller Industries's P/E of 45.4 is above the Consumer Cyclical sector and the industry average. In comparison with its Consumer Cyclical sector average of 20.79, Miller Industries's P/E is 118% higher.
MLR PE vs peers
Frequently asked questions
What is Miller Industries's PE ratio?
MLR's price to earnings ratio is 45.4 as of Aug 21, 2026.
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 15.43.
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 16.2.
What is the highest PE ratio for MLR?
The current PE of 45.4 represents the highest historical value in the last ten years.
How does the current PE ratio for MLR compare to its historical average?
The current price to earnings ratio of MLR is 217% higher 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 (Aug 21, 2026), Miller Industries's stock price is $57.2. The earnings per share for the trailing twelve months (TTM) ending Jun 2026 is $1.26. Therefore, Miller Industries's PE ratio for today is 45.4. PE RATIO(45.4) = STOCK PRICE($57.2) / TTM EPS($1.26)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.