As at May 2, 2024, the MOD stock has a PE ratio of 21.79. This is based on the current EPS of $4.32 and the stock price of $94.15 per share. An increase of 104% has been seen in the P/E ratio compared to the average of 10.7 of the last 4 quarters.
The mean historical PE ratio of Modine Manufacturing over the last ten years is 28.42. The current 21.79 PE ratio is 23% below the historical average. Over the past ten years, MOD's PE ratio was at its highest in the Jun 2016 quarter at 220, with a price of $8.8 and an EPS of $0.04. The Sep 2014 quarter recorded the bottom point at 4.29, with a price of $11.87 and an EPS of $2.77.
Maximum annual increase: 449.34% in 2015
Maximum annual decrease: -82.71% in 2019
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 7.87 | 43.35% |
| 2022 | 5.49 | N/A |
| 2021 | N/A | N/A |
| 2020 | N/A | N/A |
| 2019 | 8.31 | -82.71% |
| 2018 | 48.07 | 14.26% |
| 2017 | 42.07 | N/A |
| 2016 | N/A | N/A |
| 2015 | 29.28 | 449.34% |
| 2014 | 5.33 | N/A |
The current PE ratio of MOD is greater than its 3 and 5-year historical averages, but it is below the 10-year average.
Compared to its peers HON and JCI, MOD's PE ratio stands lower, however it is higher than BWA's and VC's. Modine Manufacturing is presently trading at a higher PE ratio (21.79) than its peer group average of 15.54.
| Stock name | PE ratio | Market cap |
|---|---|---|
| CVGI Commercial Vehicle Group Inc | 3.96 | $201.36M |
| VC Visteon Corp | 6.54 | $3.18B |
| BWA Borgwarner Inc | 13.45 | $8.12B |
| MOD Modine Manufacturing Co | 21.79 | $4.92B |
| HON Honeywell International Inc | 22.28 | $126.1B |
| SMP Standard Motor Products Inc | 22.65 | $701.78M |
| JCI Johnson Controls International plc | 24.5 | $40.93B |
| DAN Dana Inc | 148 | $1.93B |
The price to earnings ratio for MOD stock as of May 2, 2024, stands at 21.79.
Over the last 3 years, the average price to earnings ratio for MOD stock is 9.16.
Over the last 5 years, the average price to earnings ratio for MOD stock is 12.5.
The highest quarterly PE ratio in the last ten years has been 220 and it was in the Jun 2016 quarter.
MOD's current price to earnings ratio is 23% below its 10-year historical average.
The PE ratio is calculated by dividing the most recent price of a stock by its trailing twelve months EPS. As of today (May 2, 2024), Modine Manufacturing's stock price is $94.15. The earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $4.32. Therefore, Modine Manufacturing's P/E ratio for today is 21.79. PE RATIO(21.79) = STOCK PRICE($94.15) / TTM EPS($4.32)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.