According to Middleby's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 19.6544. At the end of 2022 the company had a P/E ratio of 16.6.
Year | P/E ratio | Change |
---|---|---|
2022 | 16.6 | -25.55% |
2021 | 22.2 | -35.16% |
2020 | 34.3 | 98.17% |
2019 | 17.3 | -3.83% |
2018 | 18.0 | -30.01% |
2017 | 25.7 | -0.42% |
2016 | 25.8 | -19.59% |
2015 | 32.1 | 10.15% |
2014 | 29.1 | 0.55% |
2013 | 29.0 | 50.57% |
2012 | 19.3 | 8.7% |
2011 | 17.7 | -13.99% |
2010 | 20.6 | 45.75% |
2009 | 14.1 | 107.21% |
2008 | 6.82 | -70.28% |
2007 | 22.9 | 21.2% |
2006 | 18.9 | -6.57% |
2005 | 20.3 | 2.25% |
2004 | 19.8 | 1.34% |
2003 | 19.6 | 18.04% |
2002 | 16.6 | -42.67% |
2001 | 28.9 |
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.