The current PE ratio for Minerals Technologies stock as of Dec 20, 2024 is 15.99. This is calculated based on the TTM EPS of $4.73 and the stock price of $75.62 per share. The PE ratio marks a decrease of 36% from its last 4 quarters average of 25.1.
The average historical PE ratio of Minerals Technologies for the last ten years is 17.19. The current P/E ratio of 15.99 is 7% lower than 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.
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 lower than its 3, 5 and 10-year averages.
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 18.44.
Stock name | PE ratio | Market cap |
---|---|---|
FMC Fmc Corp | 4.32 | $6.26B |
EMN Eastman Chemical Co | 12.19 | $10.64B |
MTX Minerals Technologies Inc | 15.99 | $2.41B |
MLM Martin Marietta Materials Inc | 16.58 | $32.62B |
OLN OLIN Corp | 25.73 | $3.9B |
SCL Stepan Co | 33.39 | $1.51B |
MTX stock has a price to earnings ratio of 15.99 as of Dec 20, 2024.
Over the last 3 years, the average price to earnings ratio for MTX stock is 19.33.
Over the last 5 years, the average price to earnings ratio for MTX stock is 17.99.
Over the last ten years, the Jun 2024 quarter recorded the highest quarterly PE ratio at 30.91.
The current PE ratio of MTX is 7% lower 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 (Dec 20, 2024), Minerals Technologies's share price is $75.62. 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 15.99. PE RATIO(15.99) = STOCK PRICE($75.62) / TTM EPS($4.73)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.