The current PE ratio for Mettler Toledo International stock as of Jul 25, 2024 is 39.36. This is calculated based on the TTM EPS of $35.85 and the stock price of $1,411 per share. The PE ratio has grown by 20% from its last 4 quarters average of 32.9.
The average historical PE ratio of Mettler Toledo International for the last ten years is 34.27. The current P/E ratio of 39.36 is 15% higher 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.
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's current PE ratio is higher than the 3, 5 and 10-year averages.
In comparison to its peers DHR and XYL, MTD's PE ratio is lower, but it is higher than TMO's and WAT's. Mettler Toledo International's PE ratio is trading above the peer average of 37.36.
Stock name | PE ratio | Market cap |
---|---|---|
BRKR Bruker Corp | 24.29 | $9.71B |
WAT Waters Corp | 31.14 | $18.86B |
TMO Thermo Fisher Scientific Inc | 38.79 | $231.76B |
MTD Mettler Toledo International Inc | 40.45 | $30.97B |
DHR Danaher Corp | 48.14 | $197.82B |
XYL Xylem Inc | 48.9 | $34.15B |
BIO Bio-Rad Laboratories Inc | N/A | $9.11B |
HBIO Harvard Bioscience Inc | N/A | $143.32M |
The price to earnings ratio for MTD stock as of Jul 25, 2024, stands at 39.36.
Over the last 3 years, the average price to earnings ratio for MTD stock is 36.57.
Over the last 5 years, the average price to earnings ratio for MTD stock is 37.28.
The highest quarterly PE ratio in the last ten years has been 51.04 and it was in the Dec 2021 quarter.
The current PE ratio of MTD is 15% higher than the 10-year historical average.
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Jul 25, 2024), Mettler Toledo International's share price is $1,411. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $35.85. Therefore, Mettler Toledo International's PE ratio for today is 39.36. PE RATIO(39.36) = STOCK PRICE($1,411) / TTM EPS($35.85)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.