MYE Myers Industries PE ratio, current and historical analysis
As of Nov 21, 2024, the Myers Industries stock's price-to-earnings ratio is 26.74. This results from the current EPS of $0.42 and stock price of $11.23. The PE ratio has increased by 31% from the past four quarters average of 20.5.
MYE PE ratio history
The PE ratio of Myers Industries has averaged 60.58 over the last ten years. The current P/E ratio of 26.74 is 56% 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.
Myers Industries PE ratio by year
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 |
MYE average PE ratio chart
The current PE ratio of MYE is higher than its 3 and 5-year historical averages, but it is lower than the 10-year average.
MYE PE vs peers
MYE's PE ratio stands lower than its peer stocks NPO and TRS, but it is higher than DOV's and BERY's. Myers Industries is presently trading at a higher PE ratio (26.74) than its peer group average of 21.75.
| Stock name | PE ratio | Market cap |
|---|---|---|
| CMT Core Molding Technologies Inc | 9.89 | $156.72M |
| BERY Berry Global Group Inc | 15.03 | $8.22B |
| DOV DOVER Corp | 18.19 | $28.08B |
| PKOH Park Ohio Holdings Corp | 26.01 | $463.87M |
| MYE Myers Industries Inc | 26.49 | $414.52M |
| TRS Trimas Corp | 41.47 | $1.09B |
| NPO Enpro Industries Inc | 71.68 | $3.87B |
Frequently asked questions
What is Myers Industries's PE ratio?
MYE's price to earnings ratio is 26.74 as of Nov 21, 2024.
What is the 3-year average PE ratio for Myers Industries (MYE)?
Over the last 3 years, the average price to earnings ratio for MYE stock is 17.02.
What is the 5-year average PE ratio for Myers Industries (MYE)?
Over the last 5 years, the average price to earnings ratio for MYE stock is 18.07.
What is the highest PE ratio for MYE?
In the last ten years, the Dec 2016 quarter recorded the highest quarterly PE ratio at 476.67.
How does the current PE ratio for MYE compare to its historical average?
MYE's price to earnings ratio is currently 56% below its 10-year historical average.
How is MYE's PE ratio calculated (Myers Industries PE ratio formula)?
The P/E ratio is obtained by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Nov 21, 2024), Myers Industries's stock price is $11.23. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $0.42. Therefore, Myers Industries's PE ratio for today is 26.74. PE RATIO(26.74) = STOCK PRICE($11.23) / TTM EPS($0.42)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.