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MYE Myers Industries PE ratio, current and historical analysis

As of May 22, 2024, the Myers Industries stock's price-to-earnings ratio is 14.45. This results from the current EPS of $1.07 and stock price of $15.46. The PE ratio has decreased by 9% from the past four quarters average of 15.9.

MYE PE ratio history

How has MYE's PE ratio performed in the past

The PE ratio of Myers Industries has averaged 63.3 over the last ten years. The current P/E ratio of 14.45 is 77% 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.

Average
63.3
Median
23.87
Minimum
11.08
Maximum
476.67

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

What is the average PE ratio of MYE for the past years

The current PE ratio of MYE is lower than the 3, 5 and 10-year averages.

3-year avg
17.3
5-year avg
18.17
10-year avg
63.3
15-year avg
70.13

MYE PE vs peers

What is MYE's PE ratio compared to its peers

MYE's PE ratio stands lower than its peer stocks DOV and TRS, but it is higher than BERY's and CMT's. Myers Industries is presently trading at a lower PE ratio (14.45) than its peer group average of 19.54.

Stock name PE ratio Market cap
CMT Core Molding Technologies Inc 9.05 $173.75M
BERY Berry Global Group Inc 14.08 $6.89B
MYE Myers Industries Inc 14.45 $574.85M
DOV DOVER Corp 17.91 $25.78B
TRS Trimas Corp 27.62 $1.11B
PKOH Park Ohio Holdings Corp 29.02 $345.2M
NPO Enpro Industries Inc N/A $3.13B

Frequently asked questions

What is Myers Industries's PE ratio?

MYE's price to earnings ratio is 14.45 as of May 22, 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 17.3.

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 18.17.

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 77% 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 (May 22, 2024), Myers Industries's stock price is $15.46. 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 14.45. PE RATIO(14.45) = STOCK PRICE($15.46) / TTM EPS($1.07)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.