P/E ratio for MillerKnoll (MLKN)
P/E ratio as of April 2024 (TTM): 59.7
According to MillerKnoll's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 59.7022. At the end of 2022 the company had a P/E ratio of 21.0.
P/E ratio history for MillerKnoll from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 21.0 | -108.58% |
| 2021 | -245 | 44.93% |
| 2020 | -169 | -1560.74% |
| 2019 | 11.6 | -12.42% |
| 2018 | 13.2 | -32.39% |
| 2017 | 19.5 | 30.24% |
| 2016 | 15.0 | -1.74% |
| 2015 | 15.3 | -21.15% |
| 2014 | 19.4 | -120.33% |
| 2013 | -95.2 | -521.55% |
| 2012 | 22.6 | 81.21% |
| 2011 | 12.5 | -61.57% |
| 2010 | 32.4 | -26.97% |
| 2009 | 44.4 | 779.47% |
| 2008 | 5.05 | -65.54% |
| 2007 | 14.7 | -30.67% |
| 2006 | 21.1 | -1.97% |
| 2005 | 21.6 | -38.34% |
| 2004 | 35.0 | -68.27% |
| 2003 | 110 | -165.9% |
| 2002 | -167 | -467.63% |
| 2001 | 45.5 |
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.