Middleby
MIDD
#1827
Rank
$8.61 B
Marketcap
$160.79
Share price
0.79%
Change (1 day)
15.33%
Change (1 year)

P/E ratio for Middleby (MIDD)

P/E ratio as of March 2024 (TTM): 19.0

According to Middleby's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 19.0284. At the end of 2022 the company had a P/E ratio of 16.6.

P/E ratio history for Middleby from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202216.6-25.55%
202122.2-35.16%
202034.398.17%
201917.3-3.83%
201818.0-30.01%
201725.7-0.42%
201625.8-19.59%
201532.110.15%
201429.10.55%
201329.050.57%
201219.38.7%
201117.7-13.99%
201020.645.75%
200914.1107.21%
20086.82-70.28%
200722.921.2%
200618.9-6.57%
200520.32.25%
200419.81.34%
200319.618.04%
200216.6-42.67%
200128.9

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
24.2 27.21%๐Ÿ‡บ๐Ÿ‡ธ USA
20.5 7.89%๐Ÿ‡บ๐Ÿ‡ธ USA
26.0 36.38%๐Ÿ‡บ๐Ÿ‡ธ USA
-4.05-121.29%๐Ÿ‡บ๐Ÿ‡ธ USA
-5.14-127.02%๐Ÿ‡บ๐Ÿ‡ธ USA
15.5-18.64%๐Ÿ‡บ๐Ÿ‡ธ USA
22.0 15.36%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.