As of Apr 29, 2024, the Myers Industries stock's price-to-earnings ratio is 16.77. This results from the current EPS of $1.33 and stock price of $22.3. The PE ratio has increased by 20% from the past four quarters average of 14.0.
The PE ratio of Myers Industries has averaged 64.69 over the last ten years. The current P/E ratio of 16.77 is 74% 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 NPO, but it is higher than BERY's and CMT's. Myers Industries is presently trading at a lower PE ratio (16.77) than its peer group average of 20.79.
| Stock name | PE ratio | Market cap |
|---|---|---|
| CMT Core Molding Technologies Inc | 7.6 | $162.91M |
| BERY Berry Global Group Inc | 12 | $6.56B |
| MYE Myers Industries Inc | 16.47 | $807.41M |
| DOV DOVER Corp | 17.13 | $24.64B |
| TRS Trimas Corp | 26.79 | $1.07B |
| PKOH Park Ohio Holdings Corp | 40.63 | $334.7M |
| NPO Enpro Industries Inc | 141.63 | $3.17B |
MYE's price to earnings ratio is 16.77 as of Apr 29, 2024.
Over the last 3 years, the average price to earnings ratio for MYE stock is 16.9.
Over the last 5 years, the average price to earnings ratio for MYE stock is 17.98.
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 74% 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 (Apr 29, 2024), Myers Industries's stock price is $22.3. The earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $1.33. Therefore, Myers Industries's PE ratio for today is 16.77. PE RATIO(16.77) = STOCK PRICE($22.3) / TTM EPS($1.33)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.