As of Jul 25, 2024, the Myers Industries stock's price-to-earnings ratio is 13.66. This results from the current EPS of $1.07 and stock price of $14.62. The PE ratio has decreased by 14% from the past four quarters average of 15.9.
The PE ratio of Myers Industries has averaged 64.02 over the last ten years. The current P/E ratio of 13.66 is 79% lower than the historical average. In the past ten years, MYE's PE ratio peaked in the Dec 2016 quarter at 476.67, when the stock price was $14.3 and the EPS was $0.03. The lowest point was in the Mar 2020 quarter, when it reached 11.08 with a price of $10.75 and an EPS of $0.97.
Maximum annual increase: 1,975.19% in 2016
Maximum annual decrease: -37.78% in 2022
Year | PE ratio | Change |
---|---|---|
2023 | 14.7 | 9.78% |
2022 | 13.39 | -37.78% |
2021 | 21.52 | 6.69% |
2020 | 20.17 | -17.77% |
2019 | 24.53 | N/A |
2018 | N/A | N/A |
2017 | N/A | N/A |
2016 | 476.67 | 1,975.19% |
2015 | 22.97 | N/A |
2014 | N/A | N/A |
The current PE ratio of MYE is lower than the 3, 5 and 10-year averages.
MYE's PE ratio stands lower than its peer stocks DOV and BERY, but it is higher than CMT's. Myers Industries is presently trading at a lower PE ratio (13.66) than its peer group average of 20.51.
Stock name | PE ratio | Market cap |
---|---|---|
CMT Core Molding Technologies Inc | 8.77 | $168.44M |
MYE Myers Industries Inc | 13.77 | $547.7M |
BERY Berry Global Group Inc | 15.2 | $7.44B |
DOV DOVER Corp | 17.17 | $25.46B |
TRS Trimas Corp | 27.79 | $1.12B |
PKOH Park Ohio Holdings Corp | 33.6 | $399.7M |
NPO Enpro Industries Inc | N/A | $3.59B |
MYE's price to earnings ratio is 13.66 as of Jul 25, 2024.
Over the last 3 years, the average price to earnings ratio for MYE stock is 16.6.
Over the last 5 years, the average price to earnings ratio for MYE stock is 18.17.
In the last ten years, the Dec 2016 quarter recorded the highest quarterly PE ratio at 476.67.
MYE's price to earnings ratio is currently 79% below its 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 (Jul 25, 2024), Myers Industries's stock price is $14.62. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $1.07. Therefore, Myers Industries's PE ratio for today is 13.66. PE RATIO(13.66) = STOCK PRICE($14.62) / TTM EPS($1.07)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.