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 Jun 30, 2025 is 9.32. This is calculated based on the current EPS of $4.77 and the stock price of $44.46 per share. The PE ratio has decreased by 6% from the past four quarters average of 9.9.
MLR PE ratio history
The average historical PE ratio of Miller Industries for the last ten years is 13.03. The current P/E ratio of 9.32 is 28% 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: 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 |
|---|---|---|---|---|
| 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 |
| 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 |
MLR Price vs fair value
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 stocks OSK and AXL, MLR's PE ratio is lower.
| Stock name | PE ratio | Market cap |
|---|---|---|
| MLR Miller Industries Inc | 9.61 | $525.06M |
| OSK Oshkosh Corp | 12.56 | $7.61B |
| AXL American Axle & Manufacturing Holdings Inc | 23.61 | $502.92M |
| SRI Stoneridge Inc | N/A | $210.24M |
Frequently asked questions
What is Miller Industries's PE ratio?
MLR's price to earnings ratio is 9.32 as of Jun 30, 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 11.19.
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 13.97.
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 28% lower than the 10-year historical average.
Why is Miller Industries's PE ratio so low?
MLR's PE ratio of 9.32 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 (Jun 30, 2025), Miller Industries's stock price is $44.46. The earnings per share for the trailing twelve months (TTM) ending Mar 2025 is $4.77. Therefore, Miller Industries's PE ratio for today is 9.32. PE RATIO(9.32) = STOCK PRICE($44.46) / TTM EPS($4.77)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.