As of Apr 26, 2024, the MATERION stock's PE ratio is 25.73. This results from the current EPS of $4.64 and stock price of $119.4. The PE ratio has grown by 7% from the past four quarters average of 24.1.
The PE ratio of MATERION has averaged 32.8 over the last ten years. The current P/E ratio of 25.73 is 22% lower than the historical average. In the past ten years, MTRN's PE ratio peaked in the Dec 2017 quarter at 85.26, when the stock price was $48.6 and the EPS was $0.57. The lowest point was in the Jul 2015 quarter, when it reached 16.15 with a price of $34.41 and an EPS of $2.13.
Maximum annual increase: 269.5% in 2020
Maximum annual decrease: -69.11% in 2021
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 28.05 | 34.27% |
| 2022 | 20.89 | -19.34% |
| 2021 | 25.9 | -69.11% |
| 2020 | 83.84 | 269.5% |
| 2019 | 22.69 | -47.55% |
| 2018 | 43.26 | -49.26% |
| 2017 | 85.26 | 177.72% |
| 2016 | 30.7 | 75.43% |
| 2015 | 17.5 | 2.34% |
| 2014 | 17.1 | -45.68% |
The current PE ratio of MTRN is above the 3-year average, but it is lower than the 5 and 10-year averages.
MTRN's PE ratio stands higher than its peer stock RS.
| Stock name | PE ratio | Market cap |
|---|---|---|
| RS Reliance Steel & Aluminum Co | 12.69 | $16.69B |
| MTRN MATERION Corp | 25.73 | $2.47B |
| LQMT Liquidmetal Technologies Inc | N/A | $2.5M |
| URG Ur-Energy Inc | N/A | $475.95M |
The price to earnings ratio for MTRN stock as of Apr 26, 2024, stands at 25.73.
Over the last 3 years, the average price to earnings ratio for MTRN stock is 24.14.
Over the last 5 years, the average price to earnings ratio for MTRN stock is 34.36.
The highest quarterly PE ratio in the last ten years has been 85.26 and it was in the Dec 2017 quarter.
MTRN's price to earnings ratio is currently 22% below its 10-year historical average.
You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (Apr 26, 2024), MATERION's stock price is $119.4. The earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $4.64. Therefore, MATERION's PE ratio for today is 25.73. PE RATIO(25.73) = STOCK PRICE($119.4) / TTM EPS($4.64)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.