MTX Minerals Technologies PE ratio, current and historical analysis
The current PE ratio for Minerals Technologies stock as of Nov 21, 2024 is 17.43. This is calculated based on the TTM EPS of $4.73 and the stock price of $82.43 per share. The PE ratio marks a decrease of 31% from its last 4 quarters average of 25.1.
MTX PE ratio history
The average historical PE ratio of Minerals Technologies for the last ten years is 17.19. The current P/E ratio of 17.43 is similar to the historical average. Looking back at the last ten years, MTX's PE ratio peaked in the Jun 2024 quarter at 30.91, when the price was $83.16 and the EPS was $2.69. The lowest point was in the Mar 2020 quarter, when it reached 8.52 with a price of $32.48 and an EPS of $3.81.
Minerals Technologies PE ratio by year
Maximum annual increase: 69.52% in 2023
Maximum annual decrease: -43.07% in 2015
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 27.53 | 69.52% |
| 2022 | 16.24 | 8.56% |
| 2021 | 14.96 | -20.76% |
| 2020 | 18.88 | 24.13% |
| 2019 | 15.21 | 41.88% |
| 2018 | 10.72 | -13.76% |
| 2017 | 12.43 | -38.53% |
| 2016 | 20.22 | 37.08% |
| 2015 | 14.75 | -43.07% |
| 2014 | 25.91 | -0.35% |
MTX average PE ratio chart
Currently, MTX's PE ratio is higher than its 10-year average, but it is lower than its 3 and 5-year averages.
MTX PE vs peers
In comparison to its peers MLM and OLN, MTX's PE ratio is lower, but it is higher than EMN's and FMC's. Minerals Technologies's PE ratio is trading below the peer average of 21.45.
| Stock name | PE ratio | Market cap |
|---|---|---|
| FMC Fmc Corp | 5.06 | $7.33B |
| EMN Eastman Chemical Co | 14.02 | $12.24B |
| MTX Minerals Technologies Inc | 17.63 | $2.66B |
| MLM Martin Marietta Materials Inc | 18.57 | $36.54B |
| OLN OLIN Corp | 32.98 | $5B |
| SCL Stepan Co | 38.23 | $1.73B |
Frequently asked questions
What is Minerals Technologies's PE ratio?
MTX stock has a price to earnings ratio of 17.43 as of Nov 21, 2024.
What is the 3-year average PE ratio for Minerals Technologies (MTX)?
Over the last 3 years, the average price to earnings ratio for MTX stock is 19.33.
What is the 5-year average PE ratio for Minerals Technologies (MTX)?
Over the last 5 years, the average price to earnings ratio for MTX stock is 17.99.
What is the highest PE ratio for MTX?
Over the last ten years, the Jun 2024 quarter recorded the highest quarterly PE ratio at 30.91.
How does the current PE ratio for MTX compare to its historical average?
The current PE ratio of MTX is 1.4% higher than the 10-year historical average.
How is MTX's PE ratio calculated (Minerals Technologies PE ratio formula)?
The P/E ratio is obtained by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Nov 21, 2024), Minerals Technologies's share price is $82.43. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $4.73. Therefore, Minerals Technologies's PE ratio for today is 17.43. PE RATIO(17.43) = STOCK PRICE($82.43) / TTM EPS($4.73)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.