The PE ratio for Mueller Water Products stock stands at 28.14 as of May 7, 2024. This is calculated based on the TTM EPS of $0.64 and the stock price of $18.01 per share. An increase of 2.2% has been observed in the PE ratio compared to its average of 27.5 of the last four quarters.
Over the last ten years, the average PE ratio of Mueller Water Products has been 27.12. The current 28.14 P/E ratio is 3.8% higher than the historical average. Looking back at the last ten years, MWA's PE ratio peaked in the Mar 2019 quarter at 50.2, with a price of $10.04 and an EPS of $0.2. The Dec 2017 quarter marked the lowest point at 11.6, with a price of $12.53 and an EPS of $1.08.
Maximum annual increase: 70.41% in 2015
Maximum annual decrease: -47.04% in 2017
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 23.05 | 9.97% |
| 2022 | 20.96 | -39.4% |
| 2021 | 34.59 | 53.12% |
| 2020 | 22.59 | -19.61% |
| 2019 | 28.1 | 63.56% |
| 2018 | 17.18 | 3.37% |
| 2017 | 16.62 | -47.04% |
| 2016 | 31.38 | -22.17% |
| 2015 | 40.32 | 70.41% |
| 2014 | 23.66 | -23.01% |
MWA's current PE ratio is higher than the 3, 5 and 10-year averages.
In comparison to its peers CW and BMI, MWA's PE ratio is lower, but it is higher than WTS's and MLI's. Mueller Water Products's PE ratio is trading below the peer average of 29.9.
| Stock name | PE ratio | Market cap |
|---|---|---|
| MLI Mueller Industries Inc | 11.43 | $6.62B |
| WTS Watts Water Technologies Inc | 27.01 | $7.06B |
| FLS Flowserve Corp | 27.46 | $6.43B |
| CW Curtiss Wright Corp | 28.02 | $10.49B |
| MWA Mueller Water Products Inc | 29.41 | $2.93B |
| ITRI Itron Inc | 31.02 | $4.99B |
| BMI Badger Meter Inc | 55.51 | $5.69B |
MWA's price to earnings ratio is 28.14 as of May 7, 2024.
The 3-year average price to earnings ratio for MWA stock is 27.03.
The 5-year average price to earnings ratio for MWA stock is 25.48.
Over the last ten years, the Mar 2019 quarter recorded the highest quarterly PE ratio at 50.2.
The current PE ratio of MWA is 3.8% higher than the 10-year historical average.
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (May 7, 2024), Mueller Water Products's share price is $18.01. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $0.64. Therefore, Mueller Water Products's PE ratio for today is 28.14. PE RATIO(28.14) = STOCK PRICE($18.01) / TTM EPS($0.64)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.