As at Jul 25, 2024, the MOD stock has a PE ratio of 32.31. This is based on the current EPS of $3.08 and the stock price of $99.5 per share. An increase of 97% has been seen in the P/E ratio compared to the average of 16.4 of the last 4 quarters.
The mean historical PE ratio of Modine Manufacturing over the last ten years is 29.29. The current 32.31 PE ratio is 10% above 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 |
|---|---|---|
| 2024 | 30.91 | 292.76% |
| 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% |
The current PE ratio of MOD is greater than its 3, 5 and 10-year historical averages.
Compared to its peer DAN, MOD's PE ratio stands lower, however it is higher than HON's and JCI's. Modine Manufacturing is presently trading at a higher PE ratio (32.31) than its peer group average of 15.9.
| Stock name | PE ratio | Market cap |
|---|---|---|
| CVGI Commercial Vehicle Group Inc | 4.04 | $184.61M |
| VC Visteon Corp | 5.73 | $3.08B |
| BWA Borgwarner Inc | 12.38 | $7.48B |
| SMP Standard Motor Products Inc | 22.85 | $707.89M |
| HON Honeywell International Inc | 22.99 | $131.71B |
| JCI Johnson Controls International plc | 27.73 | $46.33B |
| MOD Modine Manufacturing Co | 33.81 | $5.45B |
| DAN Dana Inc | 132.44 | $1.73B |
The price to earnings ratio for MOD stock as of Jul 25, 2024, stands at 32.31.
Over the last 3 years, the average price to earnings ratio for MOD stock is 11.34.
Over the last 5 years, the average price to earnings ratio for MOD stock is 14.23.
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 10% above 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 (Jul 25, 2024), Modine Manufacturing's stock price is $99.5. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $3.08. Therefore, Modine Manufacturing's P/E ratio for today is 32.31. PE RATIO(32.31) = STOCK PRICE($99.5) / TTM EPS($3.08)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.