The current PE ratio for Mettler Toledo International stock as of May 6, 2024 is 34.65. This is calculated based on the TTM EPS of $36.1 and the stock price of $1,250.8 per share. The PE ratio has grown by 4.2% from its last 4 quarters average of 33.3.
The average historical PE ratio of Mettler Toledo International for the last ten years is 33.93. The current P/E ratio of 34.65 is 2.1% 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 10-year average, but it is lower than its 3 and 5-year averages.
In comparison to its peers TMO and DHR, MTD's PE ratio is lower, but it is higher than WAT's and BRKR's. Mettler Toledo International's PE ratio is trading below the peer average of 36.15.
| Stock name | PE ratio | Market cap |
|---|---|---|
| BRKR Bruker Corp | 25.46 | $10.23B |
| WAT Waters Corp | 30 | $19.3B |
| MTD Mettler Toledo International Inc | 34.56 | $26.8B |
| TMO Thermo Fisher Scientific Inc | 36.61 | $218.67B |
| DHR Danaher Corp | 41.74 | $184.25B |
| XYL Xylem Inc | 48.62 | $33.95B |
| BIO Bio-Rad Laboratories Inc | N/A | $7.98B |
| HBIO Harvard Bioscience Inc | N/A | $163.83M |
The price to earnings ratio for MTD stock as of May 6, 2024, stands at 34.65.
Over the last 3 years, the average price to earnings ratio for MTD stock is 37.36.
Over the last 5 years, the average price to earnings ratio for MTD stock is 37.34.
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 2.1% 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 (May 6, 2024), Mettler Toledo International's share price is $1,250.8. The company's earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $36.1. Therefore, Mettler Toledo International's PE ratio for today is 34.65. PE RATIO(34.65) = STOCK PRICE($1,250.8) / TTM EPS($36.1)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.