Methode Electronics, Inc. (MEI) P/E Ratio History
Historical price-to-earnings valuation from 1991 to 2024
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MEI Valuation Context
How does the current P/E compare to historical and market benchmarks?
P/E Ratio Analysis
As of May 8, 2026, Methode Electronics, Inc. (MEI) trades at a price-to-earnings ratio of -5.3x, with a stock price of $9.25 and trailing twelve-month earnings per share of $-1.82.
The current P/E is 137% below its 5-year average of 14.1x. Over the past five years, MEI's P/E has ranged from a low of 9.0x to a high of 21.3x, placing the current valuation at the 0th percentile of its historical range.
Compared to the Technology sector median P/E of 27.7x, MEI trades at a 119% discount to its sector peers. The sector includes 359 companies with P/E ratios ranging from 0.0x to 184.2x.
Relative to the broader market, MEI trades at a notable discount to 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 MEI 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.
MEI 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 | 27.3Lowest | 1.75 | +16% | |
| $5B | 9999.0 | - | +100% | |
| $7B | 41.6 | 4.27 | +56% | |
| $12B | 100.1 | 2.23 | +1764%Best | |
| $168B | 40.9 | 1.47 | +74% | |
| $26B | 29.8 | 1.43Best | +15% | |
| $760M | 30.9 | 1.82 | -5% |
Peers sorted by market capitalization. P/E below peers may indicate undervaluation or lower growth expectations. Consider PEG ratio for growth-adjusted comparison.
MEI Historical P/E Data (1991–2024)
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Date | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2024 Q1 | Sat Jul 29 2023 00:00:00 GM | $32.71 | $1.53 | 21.3x | +31% |
| FY2023 Q4 | Sun Apr 30 2023 00:00:00 GM | $40.99 | $2.09 | 19.6x | +21% |
| FY2023 Q3 | Sat Jan 28 2023 00:00:00 GM | $46.97 | $2.30 | 20.4x | +25% |
| FY2023 Q2 | Sat Oct 29 2022 00:00:00 GM | $40.94 | $2.54 | 16.1x | -1% |
| FY2023 Q1 | Sat Jul 30 2022 00:00:00 GM | $41.24 | $2.51 | 16.4x | +1% |
| FY2022 Q4 | Sat Apr 30 2022 00:00:00 GM | $44.61 | $2.69 | 16.6x | +2% |
| FY2022 Q3 | Sat Jan 29 2022 00:00:00 GM | $42.74 | $3.07 | 13.9x | -14% |
| FY2022 Q2 | Sat Oct 30 2021 00:00:00 GM | $42.07 | $3.12 | 13.5x | -17% |
| FY2022 Q1 | Sat Jul 31 2021 00:00:00 GM | $47.83 | $3.41 | 14.0x | -14% |
| FY2021 Q4 | Fri Apr 30 2021 00:00:00 GM | $44.93 | $3.19 | 14.1x | -13% |
| FY2021 Q3 | Sat Jan 30 2021 00:00:00 GM | $37.75 | $3.17 | 11.9x | -27% |
| FY2021 Q2 | Sat Oct 31 2020 00:00:00 GM | $30.77 | $3.43 | 9.0x | -45% |
Average P/E for displayed period: 16.3x
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View ValuationCompare MEI vs NVDA
Side-by-side business, growth, and profitability comparison vs NVIDIA Corporation.
Start ComparisonMEI — Frequently Asked Questions
Quick answers to the most common questions about buying MEI stock.
Is MEI stock overvalued or undervalued?
MEI trades at -5.3x P/E, below its 5-year average of 14.1x. At the N/A percentile of historical range, the stock is priced at a discount to its own history.
How does MEI's valuation compare to peers?
Methode Electronics, Inc. P/E of -5.3x compares to sector median of 27.7x. The discount suggests lower growth expectations or higher risk.
What is MEI's PEG ratio?
MEI PEG ratio is N/A. Above 2.0 indicates premium valuation relative to growth rate. Historical P/E data spans 1991-2024.