Methode Electronics (MEI) Price to Earnings (2011 - 2023)
Methode Electronics' Price to Earnings was 20.85 in fiscal Q1 2024 (quarter ended Jul 29, 2023), up 30.8% from 15.94 a year earlier and up 5.0% from the prior quarter.
Methode Electronics (MEI) Price to Earnings (2011 - 2023) Analysis & Trends
For FY2023 (ended Apr 29, 2023), Price to Earnings at Methode Electronics came in at 19.85, up 18.7% from FY2022.
- Price to Earnings has now increased for three consecutive fiscal years.
- In earlier fiscal years, Price to Earnings was 16.72 in FY2022 (+18.8%), 14.07 in FY2021 (+63.8%), 8.59 in FY2020 (-27.6%) and 11.87 in FY2019 (-54.8%).
- The fiscal Q1 2024 figure marks the highest quarterly Price to Earnings since fiscal Q1 2019.
- Compared with a year earlier, Price to Earnings has increased for 11 straight quarters, with growth averaging 26.2% over the last eight quarters.
- The best year-over-year quarter for Price to Earnings over five years was fiscal Q4 2021 (growth of 63.8%); the worst was fiscal Q3 2019 (a decline of 74.4%).
- Per Business Quant data, MEI's Price to Earnings in the three fiscal quarters before Q1 2024 was 19.85 (Q4 2023), 19.84 (Q3 2023) and 15.60 (Q2 2023).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Caterpillar | 388.70 Bn | 360.40 Bn | 7.76 Bn |
| 2 | Amphenol | 214.42 Bn | 209.12 Bn | 3.55 Bn |
| 3 | Deere | 185.30 Bn | 194.07 Bn | 4.66 Bn |
| 4 | Eaton | 169.35 Bn | 166.59 Bn | 2.86 Bn |
| 5 | Parker-Hannifin | 122.64 Bn | 120.77 Bn | 2.25 Bn |
| 6 | Vertiv Holdings | 97.12 Bn | 87.74 Bn | 1.23 Bn |
| 7 | Emerson Electric | 90.13 Bn | 82.89 Bn | 2.66 Bn |
| 8 | 3M | 83.49 Bn | 64.94 Bn | 2.68 Bn |
| 9 | Illinois Tool Works | 74.89 Bn | 71.45 Bn | 1.90 Bn |
| 10 | Methode Electronics | 561.77 Mn | 53.77 Mn | 47.70 Mn |
Historic Data
| Date | Value |
|---|---|
| Jul 29, 2023 | 20.85 |
| Apr 29, 2023 | 19.85 |
| Jan 28, 2023 | 19.84 |
| Oct 29, 2022 | 15.60 |
| Jul 30, 2022 | 15.94 |
| Apr 30, 2022 | 16.72 |
| Jan 29, 2022 | 13.48 |
| Oct 30, 2021 | 13.11 |
| Jul 31, 2021 | 13.97 |
| May 1, 2021 | 14.07 |
| Jan 30, 2021 | 11.97 |
| Oct 31, 2020 | 8.84 |
| Aug 1, 2020 | 9.14 |
| May 2, 2020 | 8.59 |
| Feb 1, 2020 | 10.48 |
| Oct 26, 2019 | 11.96 |
| Jul 27, 2019 | 11.75 |
| Apr 27, 2019 | 11.87 |
| Jan 26, 2019 | 9.06 |
| Oct 27, 2018 | 20.64 |
Methode Electronics Price to Earnings API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=price-to-earnings&ticker=MEI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-earnings", "ticker": "MEI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=price-to-earnings&ticker=MEI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();