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MTX Minerals Technologies PE ratio, current and historical analysis

The current PE ratio for Minerals Technologies stock as of Jun 14, 2024 is 28.44. This is calculated based on the TTM EPS of $2.9 and the stock price of $82.48 per share. The PE ratio has grown by 13% from its last 4 quarters average of 25.1.

MTX PE ratio history

How has MTX's PE ratio performed in the past

The average historical PE ratio of Minerals Technologies for the last ten years is 17.33. The current P/E ratio of 28.44 is 64% higher than the historical average. Looking back at the last ten years, MTX's PE ratio peaked in the Jun 2014 quarter at 28.77, when the price was $65.01 and the EPS was $2.26. 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.

Average
17.33
Median
16.08
Minimum
8.52
Maximum
28.77

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

What is the average PE ratio of MTX for the past years

Currently, MTX's PE ratio is higher than its 3, 5 and 10-year averages.

3-year avg
18.3
5-year avg
16.9
10-year avg
17.33
15-year avg
17.88

MTX PE vs peers

What is MTX's PE ratio compared to its peers

In comparison to its peer SCL, MTX's PE ratio is lower, but it is higher than MLM's and EMN's. Minerals Technologies's PE ratio is trading above the peer average of 20.68.

Stock name PE ratio Market cap
FMC Fmc Corp 6.11 $6.84B
EMN Eastman Chemical Co 12.76 $11.71B
MLM Martin Marietta Materials Inc 16.75 $34.94B
OLN OLIN Corp 17.41 $5.97B
MTX Minerals Technologies Inc 28.44 $2.66B
SCL Stepan Co 50.35 $1.89B

Frequently asked questions

What is Minerals Technologies's PE ratio?

MTX stock has a price to earnings ratio of 28.44 as of Jun 14, 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 18.3.

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 16.9.

What is the highest PE ratio for MTX?

Over the last ten years, the Jun 2014 quarter recorded the highest quarterly PE ratio at 28.77.

How does the current PE ratio for MTX compare to its historical average?

The current PE ratio of MTX is 64% 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 (Jun 14, 2024), Minerals Technologies's share price is $82.48. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $2.9. Therefore, Minerals Technologies's PE ratio for today is 28.44. PE RATIO(28.44) = STOCK PRICE($82.48) / TTM EPS($2.9)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.