P/E ratio for Miller Industries (MLR)
P/E ratio as of February 2025 (TTM): 18.0
According to Miller Industries's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 18.0178. At the end of 2022 the company had a P/E ratio of 15.0.
P/E ratio history for Miller Industries from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 15.0 | -35.87% |
| 2021 | 23.4 | 60.34% |
| 2020 | 14.6 | 34.96% |
| 2019 | 10.8 | 18.73% |
| 2018 | 9.09 | -28.82% |
| 2017 | 12.8 | -15.01% |
| 2016 | 15.0 | -2.71% |
| 2015 | 15.4 | -1.93% |
| 2014 | 15.8 | -30.68% |
| 2013 | 22.7 | 22.16% |
| 2012 | 18.6 | 134.1% |
| 2011 | 7.94 | -44.17% |
| 2010 | 14.2 | -33.55% |
| 2009 | 21.4 | 25.26% |
| 2008 | 17.1 | 76.09% |
| 2007 | 9.71 | 61.42% |
| 2006 | 6.02 | -50.49% |
| 2005 | 12.1 | -45.17% |
| 2004 | 22.2 | -548.45% |
| 2003 | -4.94 | 608.52% |
| 2002 | -0.6973 | -88.12% |
| 2001 | -5.87 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 | -14.8 | -182.33% | 🇺🇸 USA |
 | 13.8 | -23.38% | 🇺🇸 USA |
 | 15.8 | -12.11% | 🇺🇸 USA |
 | -0.4675 | -102.59% | 🇺🇸 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.