Mueller Industries
MLI
#1774
Rank
ยฃ7.17 B
Marketcap
ยฃ63.05
Share price
-0.62%
Change (1 day)
95.54%
Change (1 year)

P/E ratio for Mueller Industries (MLI)

P/E ratio as of November 2024 (TTM): 14.6

According to Mueller Industries 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14.6225. At the end of 2022 the company had a P/E ratio of 5.00.

P/E ratio history for Mueller Industries from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20225.00-29.5%
20217.09-49.5%
202014.0-20.38%
201917.638.18%
201812.8-45.6%
201723.53.93%
201622.630.79%
201517.3-8.49%
201418.985.3%
201310.2-52.59%
201221.546.98%
201114.622.85%
201011.9-116.75%
2009-71.0-776.32%
200810.540.81%
20077.45-1.97%
20067.60-2.69%
20057.81-34.98%
200412.0-42.37%
200320.962.21%
200212.9-9.15%
200114.1

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-8.19-156.04%๐Ÿ‡บ๐Ÿ‡ธ USA
-12.1-182.75%๐Ÿ‡บ๐Ÿ‡ธ USA
4.63-68.34%๐Ÿ‡บ๐Ÿ‡ธ USA
91.5 526.08%๐Ÿ‡บ๐Ÿ‡ธ USA

How to read a P/E ratio?

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.