HNI Corporation (HNI) P/E Ratio History
Historical price-to-earnings valuation from 1990 to 2026
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HNI Valuation Context
How does the current P/E compare to historical and market benchmarks?
P/E Ratio Analysis
The current P/E is 36% above its 5-year average of 23.0x. Over the past five years, HNI's P/E has ranged from a low of 9.7x to a high of 41.1x, placing the current valuation at the 75th percentile of its historical range.
Compared to the Industrials sector median P/E of 25.5x, HNI trades at a 22% premium to its sector peers. The sector includes 413 companies with P/E ratios ranging from 0.0x to 185.3x.
The PEG ratio of 12.39 (P/E divided by -61% EPS growth) suggests the stock may be expensive relative to its earnings growth. Peter Lynch popularized the rule that a PEG below 1.0 indicates an attractive entry point.
Relative to the broader market, HNI commands a significant premium over the S&P 500 median P/E of 25.1x. Investors should consider the company's growth prospects, competitive position, and earnings quality when evaluating whether the current valuation is justified.
For a comprehensive intrinsic value estimate using discounted cash flow analysis, see our HNI DCF Valuation Calculator →
Note: P/E ratio is just one valuation metric. It does not account for balance sheet strength, cash flow quality, or growth sustainability. Always conduct comprehensive due diligence before making investment decisions.
HNI P/E vs Peers
P/E ratio compared to closely matched public peers
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
| $2B | 15.8 | - | +50% | |
| $554M | 10.8 | 0.25Best | -19% | |
| $295M | 15.5 | - | +86%Best | |
| $6B | 17.3 | - | -27% | |
| $2B | 14.1 | - | +32% | |
| $576M | 6.1Lowest | 0.76 | -9% |
Peers sorted by market capitalization. P/E below peers may indicate undervaluation or lower growth expectations. Consider PEG ratio for growth-adjusted comparison.
HNI Historical P/E Data (1990–2026)
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Date | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2026 Q1 | Sat Apr 04 2026 00:00:00 GM | $32.47 | $0.88 | 36.9x | +43% |
| FY2025 Q4 | Sat Jan 03 2026 00:00:00 GM | $42.58 | $1.17 | 36.4x | +41% |
| FY2025 Q3 | Sat Sep 27 2025 00:00:00 GM | $46.10 | $2.97 | 15.5x | -40% |
| FY2025 Q2 | Sat Jun 28 2025 00:00:00 GM | $49.62 | $3.08 | 16.1x | -38% |
| FY2025 Q1 | Sat Mar 29 2025 00:00:00 GM | $44.67 | $2.81 | 15.9x | -38% |
| FY2024 Q4 | Sat Dec 28 2024 00:00:00 GM | $50.86 | $2.89 | 17.6x | -32% |
| FY2024 Q3 | Sat Sep 28 2024 00:00:00 GM | $52.56 | $2.58 | 20.4x | -21% |
| FY2024 Q2 | Sat Jun 29 2024 00:00:00 GM | $45.02 | $2.40 | 18.8x | -27% |
| FY2024 Q1 | Sun Mar 31 2024 00:00:00 GM | $45.13 | $1.35 | 33.4x | +29% |
| FY2023 Q4 | Sun Dec 31 2023 00:00:00 GM | $41.83 | $1.02 | 41.1x | +59% |
| FY2023 Q3 | Sat Sep 30 2023 00:00:00 GM | $34.63 | $0.93 | 37.3x | +45% |
| FY2023 Q2 | Fri Jun 30 2023 00:00:00 GM | $28.18 | $1.64 | 17.2x | -33% |
Average P/E for displayed period: 25.8x
See HNI's True Return
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Start ComparisonHNI — Frequently Asked Questions
Quick answers to the most common questions about buying HNI stock.
Is HNI stock overvalued or undervalued?
HNI trades at 31.3x P/E, above its 5-year average of 23.0x. The 75th percentile ranking indicates a premium to historical valuation.
How does HNI's valuation compare to peers?
HNI Corporation P/E of 31.3x compares to sector median of 25.5x. The premium reflects expected growth above peers.
What is HNI's PEG ratio?
HNI PEG ratio is 12.39. Above 2.0 indicates premium valuation relative to growth rate. Historical P/E data spans 1990-2026.