MLR Miller Industries PE ratio, current and historical analysis

The current PE ratio for Miller Industries stock as of Apr 1, 2025 is 7.74. This is calculated based on the current EPS of $5.55 and the stock price of $42.95 per share. The PE ratio has decreased by 21% from the past four quarters average of 9.8.

MLR PE ratio history

How has MLR's PE ratio performed in the past

The average historical PE ratio of Miller Industries for the last ten years is 13.13. The current P/E ratio of 7.74 is 41% 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.

Today
7.74
Average
13.13
Median
12.47
Minimum
8.29
Maximum
23.52

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
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
2010 14.23 -34.81% $14.23 $1

Miller Industries PE ratio by quarter (TTM)

Year PE ratio PE change Price EPS
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
Sep 2022 17.74 -15.48% $21.29 $1.2
Jun 2022 20.99 -1.59% $22.67 $1.08
Mar 2022 21.33 -9.31% $28.16 $1.32
Dec 2021 23.52 55.45% $33.4 $1.42
Sep 2021 15.13 -4.84% $34.04 $2.25
Jun 2021 15.9 -16.71% $39.44 $2.48

MLR average PE ratio chart

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

MLR's current P/E ratio is lower than the 3, 5 and 10-year averages.

3-year avg
12.29
5-year avg
14.08
10-year avg
13.13
15-year avg
14.14

MLR PE vs peers

What is MLR's PE ratio compared to its peers

In comparison to its peer stocks OSK and AXL, MLR's PE ratio is lower.

Stock name PE ratio Market cap
MLR Miller Industries Inc 7.74 $491.32M
OSK Oshkosh Corp 9.02 $6.06B
AXL American Axle & Manufacturing Holdings Inc 13.52 $460.92M
SRI Stoneridge Inc N/A $129.34M
SUP Superior Industries International Inc N/A $59.54M

Frequently asked questions

What is Miller Industries's PE ratio?

MLR's price to earnings ratio is 7.74 as of Apr 1, 2025.

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 12.29.

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 14.08.

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 41% lower than the 10-year historical average.

Why is Miller Industries's PE ratio so low?

MLR's PE ratio of 7.74 is considered low because the company's stock price is trading at a lower multiple of earnings.

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 (Apr 1, 2025), Miller Industries's stock price is $42.95. The earnings per share for the trailing twelve months (TTM) ending Dec 2024 is $5.55. Therefore, Miller Industries's PE ratio for today is 7.74. PE RATIO(7.74) = STOCK PRICE($42.95) / TTM EPS($5.55)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.