MTD Mettler Toledo International PE ratio, current and historical analysis
The current PE ratio for Mettler Toledo International stock as of Nov 21, 2024 is 32.11. This is calculated based on the TTM EPS of $37.27 and the stock price of $1,196.82 per share. The PE ratio marks a decrease of 14% from its last 4 quarters average of 37.3.
MTD PE ratio history
The average historical PE ratio of Mettler Toledo International for the last ten years is 34.81. The current P/E ratio of 32.11 is 8% lower than the historical average. Looking back at the last ten years, MTD's PE ratio peaked in the Dec 2021 quarter at 51.04, when the price was $1,697.21 and the EPS was $33.25. The lowest point was in the Sep 2015 quarter, when it reached 22.82 with a price of $284.74 and an EPS of $12.48.
Mettler Toledo International PE ratio by year
Maximum annual increase: 46.66% in 2017
Maximum annual decrease: -34.34% in 2018
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 33.6 | -9.82% |
| 2022 | 37.26 | -27% |
| 2021 | 51.04 | 13.05% |
| 2020 | 45.15 | 30% |
| 2019 | 34.73 | 24.84% |
| 2018 | 27.82 | -34.34% |
| 2017 | 42.37 | 46.66% |
| 2016 | 28.89 | 8.61% |
| 2015 | 26.6 | 2.98% |
| 2014 | 25.83 | 8.8% |
MTD average PE ratio chart
MTD's current PE ratio is lower than its 3, 5 and 10-year averages.
MTD PE vs peers
In comparison to its peers TMO and DHR, MTD's PE ratio is lower, but it is higher than BRKR's. Mettler Toledo International's PE ratio is trading below the peer average of 34.94.
| Stock name | PE ratio | Market cap |
|---|---|---|
| BRKR Bruker Corp | 27.03 | $8.52B |
| MTD Mettler Toledo International Inc | 32.11 | $25.26B |
| TMO Thermo Fisher Scientific Inc | 32.28 | $197.41B |
| WAT Waters Corp | 35.06 | $21.88B |
| XYL Xylem Inc | 35.92 | $30.46B |
| DHR Danaher Corp | 44.43 | $169.77B |
| BIO Bio-Rad Laboratories Inc | N/A | $9.12B |
| HBIO Harvard Bioscience Inc | N/A | $94.21M |
Frequently asked questions
What is Mettler Toledo International's PE ratio?
The price to earnings ratio for MTD stock as of Nov 21, 2024, stands at 32.11.
What is the 3-year average PE ratio for Mettler Toledo International (MTD)?
Over the last 3 years, the average price to earnings ratio for MTD stock is 36.51.
What is the 5-year average PE ratio for Mettler Toledo International (MTD)?
Over the last 5 years, the average price to earnings ratio for MTD stock is 37.75.
What is the highest PE ratio for MTD?
The highest quarterly PE ratio in the last ten years has been 51.04 and it was in the Dec 2021 quarter.
How does the current PE ratio for MTD compare to its historical average?
The current PE ratio of MTD is 8% lower than the 10-year historical average.
How is MTD's PE ratio calculated (Mettler Toledo International PE ratio formula)?
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Nov 21, 2024), Mettler Toledo International's share price is $1,196.82. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $37.27. Therefore, Mettler Toledo International's PE ratio for today is 32.11. PE RATIO(32.11) = STOCK PRICE($1,196.82) / TTM EPS($37.27)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.