The current PE ratio for Minerals Technologies stock as of May 3, 2024 is 26.62. This is calculated based on the TTM EPS of $2.9 and the stock price of $77.19 per share. The PE ratio has grown by 6% from its last 4 quarters average of 25.1.
The average historical PE ratio of Minerals Technologies for the last ten years is 17.33. The current P/E ratio of 26.62 is 54% 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.
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% |
Currently, MTX's PE ratio is higher than its 3, 5 and 10-year averages.
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 20.59.
| Stock name | PE ratio | Market cap |
|---|---|---|
| FMC Fmc Corp | 5.86 | $7.72B |
| EMN Eastman Chemical Co | 12.5 | $11.47B |
| MLM Martin Marietta Materials Inc | 17.46 | $36.43B |
| OLN OLIN Corp | 18.69 | $6.4B |
| MTX Minerals Technologies Inc | 26.62 | $2.49B |
| SCL Stepan Co | 48.42 | $1.92B |
MTX stock has a price to earnings ratio of 26.62 as of May 3, 2024.
Over the last 3 years, the average price to earnings ratio for MTX stock is 18.3.
Over the last 5 years, the average price to earnings ratio for MTX stock is 16.9.
Over the last ten years, the Jun 2014 quarter recorded the highest quarterly PE ratio at 28.77.
The current PE ratio of MTX is 54% higher than the 10-year historical average.
The P/E ratio is obtained by dividing the latest price of a stock by its trailing twelve months EPS. As of today (May 3, 2024), Minerals Technologies's share price is $77.19. 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 26.62. PE RATIO(26.62) = STOCK PRICE($77.19) / TTM EPS($2.9)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.